Quick Ratio Analysis of HP Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Oct-23
Poor Quick Ratio
0.454
Period Ending - Oct-22
Poor Quick Ratio
0.467
Growth
-2.75 %
Most recent Quarter Quick Ratio
Period Ending - Jan-24
Poor Quick Ratio
0.416
Quick Ratio Analysis of HP Inc
| Quick Ratio of HP Inc with value of 0.454 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of HP Inc with value of 0.416 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Jan-24. |
| Quick Ratio of HPQ has fallen by -2.75 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.571 was highest in Year Oct-19 in last Five Years. |
| Quick Ratio of HPQ trending down for at least three Years. |
| Latest Quick Ratio with value of 0.454 is lower than Average Quick Ratio of 0.508 in last five years. |
Other Quick Ratio Related Info of HPQ that may interest you.
HP Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| HPQ | 36.5 | 38.36 | 4.85 % | Computer Hardware |
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 HP Inc
| Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.454 | 0.467 | 0.489 | 0.560 | 0.571 | 0.610 | 0.738 |
| Change | -2.75 % | -4.64 % | -12.62 % | -1.92 % | -6.36 % | -17.33 % | -0.790 % |
FY Chart of Quick Ratio of HP Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)