Quick Ratio Analysis of H&E Equipment Services Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.59
Period Ending - Dec-22
Poor Quick Ratio
0.199
Growth
697.80 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.50
Quick Ratio Analysis of H&E Equipment Services Inc
| Quick Ratio of H&E Equipment Services Inc with value of 1.50 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of HEES rose handsomely by 697.80 % this year. |
| Quick Ratio with value of 3.45 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.199 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 1.59 is lower than Average Quick Ratio of 1.76 in last five years. |
Other Quick Ratio Related Info of HEES that may interest you.
H&E Equipment Services Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| HEES | 42.97 | 45.04 | 4.60 % | Rental & Leasing Services |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Very Low Stability Stock | |
FY - Historical Quick Ratio of H&E Equipment Services Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.59 | 0.199 | 3.45 | 3.01 | 0.568 | 0.615 | 1.96 |
| Change | 697.80 % | -94.23 % | 14.64 % | 429.35 % | -7.70 % | -68.65 % | 268.62 % |
FY Chart of Quick Ratio of H&E Equipment Services Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)