Quick Ratio Analysis of IDEXX Laboratories Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.17
Period Ending - Dec-22
Not Good Quick Ratio
0.594
Growth
97.37 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.16
Quick Ratio Analysis of IDEXX Laboratories Inc
| Quick Ratio of IDEXX Laboratories Inc with value of 1.16 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of IDXX rose handsomely by 97.37 % this year. |
| Quick Ratio with value of 1.46 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio with value of 0.594 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 1.17 is Greater than Average Quick Ratio of 0.959 in last five years. |
Other Quick Ratio Related Info of IDXX that may interest you.
IDEXX Laboratories Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| IDXX | 543.45 | 540.94 | 0.464 % | Diagnostics & Research |
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
| Mild Stability | |
FY - Historical Quick Ratio of IDEXX Laboratories Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.17 | 0.594 | 0.899 | 1.46 | 0.668 | 0.624 | 0.804 |
| Change | 97.37 % | -33.98 % | -38.56 % | 119.04 % | 7.05 % | -22.37 % | 9.28 % |
FY Chart of Quick Ratio of IDEXX Laboratories Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)