Quick Ratio Analysis of Lincoln National Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Very Poor Quick Ratio
-2.88
Period Ending - Dec-22
Excellent Quick Ratio
29.18
Growth
-109.87 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Poor Quick Ratio
-2853.05
Quick Ratio Analysis of Lincoln National Corporation
Quick Ratio of Lincoln National Corporation with value of -2.88 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Lincoln National Corporation with value of -2853.05 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of LNC drastically fell by -109.87 % this year. |
Quick Ratio with value of 34.01 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of -2.88 was lowest in Year Dec-23 in last Five Years. |
Latest Quick Ratio with value of -2.88 is lower than Average Quick Ratio of 17.90 in last five years. |
Other Quick Ratio Related Info of LNC that may interest you.
Lincoln National Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
LNC | 30.44 | 31.05 | 1.96 % | Insurance-Life |
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
Poor Stability Stock |
FY - Historical Quick Ratio of Lincoln National Corporation
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | -2.88 | 29.18 | 28.11 | 34.01 | 1.10 | 0 | 0 |
Change | -109.87 % | 3.78 % | -17.34 % | 2991.41 % |
FY Chart of Quick Ratio of Lincoln National Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)