Quick Ratio Analysis of Lear Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.04
Period Ending - Dec-22
Indecisive Quick Ratio
1.04
Growth
-0.708 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.04
Quick Ratio Analysis of Lear Corporation
Quick Ratio of Lear Corporation with value of 1.04 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of LEA has fallen by -0.708 % Compared to previous Financial Year. |
Quick Ratio with value of 1.10 was highest in Year Dec-19 in last Five Years. |
Quick Ratio with value of 1.04 was lowest in Year Dec-23 in last Five Years. |
Latest Quick Ratio with value of 1.04 is lower than Average Quick Ratio of 1.07 in last five years. |
Other Quick Ratio Related Info of LEA that may interest you.
Lear Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
LEA | 115.68 | 120.04 | 3.63 % | Auto Parts |
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 Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Quick Ratio of Lear Corporation
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 1.04 | 1.04 | 1.09 | 1.06 | 1.10 | 1.13 | 1.11 |
Change | -0.708 % | -4.24 % | 3.04 % | -4.03 % | -2.32 % | 1.40 % | 0.649 % |
FY Chart of Quick Ratio of Lear Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)