Quick Ratio Analysis of Coca-Cola Co - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.946
Period Ending - Dec-22
Not Good Quick Ratio
0.931
Growth
1.68 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.864
Quick Ratio Analysis of Coca-Cola Co
| Quick Ratio of Coca-Cola Co with value of 0.864 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of KO has grown by 1.68 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.09 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio with value of 0.631 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 0.946 is Greater than Average Quick Ratio of 0.912 in last five years. |
Other Quick Ratio Related Info of KO that may interest you.
Coca-Cola Co Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| KO | 62.93 | 61.97 | 1.55 % | Beverages-Non-Alcoholic |
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
| Low Stability Stock | |
FY - Historical Quick Ratio of Coca-Cola Co
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.946 | 0.931 | 0.959 | 1.09 | 0.631 | 0.954 | 1.25 |
| Change | 1.68 % | -2.94 % | -12.35 % | 73.26 % | -33.79 % | -23.48 % | 5.52 % |
FY Chart of Quick Ratio of Coca-Cola Co
Note : All Data Generated at the End of Trading Hours (EOD Data)