Quick Ratio Analysis of Summit Hotel Prop Inc. (PFD- F) - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.579
Period Ending - Dec-22
Very Poor Quick Ratio
-0.544
Growth
206.38 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.22
Quick Ratio Analysis of Summit Hotel Prop Inc. (PFD- F)
| Quick Ratio of Summit Hotel Prop Inc. (PFD- F) with value of 1.22 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of INN-PF rose handsomely by 206.38 % this year. |
| Quick Ratio with value of 0.579 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of -0.544 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 0.579 is Greater than Average Quick Ratio of 0.105 in last five years. |
Other Quick Ratio Related Info of INN-PF that may interest you.
Summit Hotel Prop Inc. (PFD- F) Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| INN-PF | 19.92 | 20.66 | 3.58 % | 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 Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Summit Hotel Prop Inc. (PFD- F)
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.579 | -0.544 | 0.190 | 0.110 | 0.189 | 0.268 | 0.343 |
| Change | 206.38 % | -386.90 % | 72.26 % | -41.73 % | -29.43 % | -21.98 % | 16.83 % |
FY Chart of Quick Ratio of Summit Hotel Prop Inc. (PFD- F)
Note : All Data Generated at the End of Trading Hours (EOD Data)