Quick Ratio Analysis of Kadant Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Jan-24
Very Good Quick Ratio
5.91
Period Ending - Jan-23
Very Good Quick Ratio
3.87
Growth
52.51 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24
Very Good Quick Ratio
4.37
Quick Ratio Analysis of Kadant Inc
| Quick Ratio of Kadant Inc with value of 5.91 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Kadant Inc with value of 4.37 indicates company has liquid assets to pay its obligations in latest Quarter ending on Apr-24. |
| Quick Ratio of KAI rose handsomely by 52.51 % this year. |
| Quick Ratio with value of 5.91 was highest in Year Jan-24 in last Five Years. |
| Quick Ratio with value of 1.13 was lowest in Year Jan-22 in last Five Years. |
| Latest Quick Ratio with value of 5.91 is Greater than Average Quick Ratio of 2.72 in last five years. |
Other Quick Ratio Related Info of KAI that may interest you.
Kadant Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| KAI | 278.54 | 281.34 | 0.995 % | 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 Kadant Inc
| Period | Jan-24 | Jan-23 | Jan-22 | Jan-21 | Jan-20 | Jan-19 | Jan-18 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 5.91 | 3.87 | 1.13 | 1.36 | 1.33 | 1.29 | 1.37 |
| Change | 52.51 % | 243.88 % | -17.09 % | 1.92 % | 3.35 % | -5.81 % | -20.10 % |
FY Chart of Quick Ratio of Kadant Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)