Quick Ratio Analysis of Hersha Hospitality Trust - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-22
Poor Quick Ratio
0
Period Ending - Dec-21
Very Poor Quick Ratio
-9.25
Growth
0 %
Most recent Quarter Quick Ratio
Period Ending - Sep-23
Very Good Quick Ratio
3.08
Quick Ratio Analysis of Hersha Hospitality Trust
Quick Ratio of Hersha Hospitality Trust with value of 0 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Hersha Hospitality Trust with value of 3.08 indicates company has liquid assets to pay its obligations in latest Quarter ending on Sep-23. |
Quick Ratio of HT has grown by 0 % Compared to previous Financial Year. |
Quick Ratio with value of 0.772 was highest in Year Dec-18 in last Five Years. |
Quick Ratio with value of -9.25 was lowest in Year Dec-21 in last Five Years. |
Latest Quick Ratio with value of 0 is Greater than Average Quick Ratio of -1.70 in last five years. |
Other Quick Ratio Related Info of HT that may interest you.
Hersha Hospitality Trust Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
HT | 9.99 | 10.0 | 0.100 % | REIT-Hotel & Motel |
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 Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Quick Ratio of Hersha Hospitality Trust
Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0 | -9.25 | 0 | 0 | 0.772 | 0.690 | 1.62 |
Change | 0 % | 0 % | 11.80 % | -57.37 % | 86.75 % |
FY Chart of Quick Ratio of Hersha Hospitality Trust
Note : All Data Generated at the End of Trading Hours (EOD Data)