Quick Ratio Analysis of IDEX Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.05
Period Ending - Dec-22
Indecisive Quick Ratio
1.71
Growth
20.02 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Good Quick Ratio
2.45
Quick Ratio Analysis of IDEX Corporation
Quick Ratio of IDEX Corporation with value of 2.05 indicates company has liquid assets to pay its obligations. |
Quick Ratio of IDEX Corporation with value of 2.45 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of IEX rose handsomely by 20.02 % this year. |
Quick Ratio with value of 3.43 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 1.71 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 2.05 is lower than Average Quick Ratio of 2.52 in last five years. |
Other Quick Ratio Related Info of IEX that may interest you.
IDEX Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
IEX | 208.64 | 205.2 | 1.68 % | Specialty Industrial Machinery |
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
Good Stability |
FY - Historical Quick Ratio of IDEX Corporation
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 2.05 | 1.71 | 2.72 | 3.43 | 2.70 | 2.23 | 2.06 |
Change | 20.02 % | -37.31 % | -20.49 % | 26.68 % | 21.39 % | 8.06 % | 11.86 % |
FY Chart of Quick Ratio of IDEX Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)