Quick Ratio Analysis of Eli Lilly and Company - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.731
Period Ending - Dec-22
Not Good Quick Ratio
0.801
Growth
-8.71 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.03
Quick Ratio Analysis of Eli Lilly and Company
| Quick Ratio of Eli Lilly and Company with value of 1.03 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of LLY has fallen by -8.71 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.08 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio of LLY trending down for at least three Years. |
| Latest Quick Ratio with value of 0.731 is lower than Average Quick Ratio of 0.895 in last five years. |
Other Quick Ratio Related Info of LLY that may interest you.
Eli Lilly and Company Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| LLY | 878.45 | 883.33 | 0.552 % | Drug Manufacturers-General |
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 Eli Lilly and Company
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.731 | 0.801 | 0.968 | 1.08 | 0.893 | 1.38 | 1.01 |
| Change | -8.71 % | -17.24 % | -10.41 % | 20.91 % | -35.39 % | 36.32 % | -3.43 % |
FY Chart of Quick Ratio of Eli Lilly and Company
Note : All Data Generated at the End of Trading Hours (EOD Data)