Quick Ratio Analysis of Heico Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Oct-23
Indecisive Quick Ratio
1.27
Period Ending - Oct-22
Indecisive Quick Ratio
1.35
Growth
-6.64 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24
Indecisive Quick Ratio
1.57
Quick Ratio Analysis of Heico Corporation
Quick Ratio of Heico Corporation with value of 1.57 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Apr-24. |
Quick Ratio of HEI has fallen by -6.64 % Compared to previous Financial Year. |
Quick Ratio with value of 2.91 was highest in Year Oct-20 in last Five Years. |
Quick Ratio of HEI trending down for at least three Years. |
Latest Quick Ratio with value of 1.27 is lower than Average Quick Ratio of 1.69 in last five years. |
Other Quick Ratio Related Info of HEI that may interest you.
Heico Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
HEI | 227.96 | 225.17 | 1.24 % | Aerospace & Defense |
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
No Significant Stability |
FY - Historical Quick Ratio of Heico Corporation
Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 1.27 | 1.35 | 1.56 | 2.91 | 1.36 | 1.18 | 1.16 |
Change | -6.64 % | -13.01 % | -46.52 % | 114.07 % | 15.66 % | 1.80 % | -16.82 % |
FY Chart of Quick Ratio of Heico Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)