Quick Ratio Analysis of Light & Wonder Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.63
Period Ending - Dec-22
Good Quick Ratio
2.46
Growth
-33.89 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.72
Quick Ratio Analysis of Light & Wonder Inc
| Quick Ratio of Light & Wonder Inc with value of 1.72 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of LNW drastically fell by -33.89 % this year. |
| Quick Ratio with value of 2.46 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 1.63 was lowest in Year Dec-23 in last Five Years. |
| Latest Quick Ratio with value of 1.63 is lower than Average Quick Ratio of 1.99 in last five years. |
Other Quick Ratio Related Info of LNW that may interest you.
Light & Wonder Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| LNW | 93.12 | 94.83 | 1.80 % | Gambling |
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 Light & Wonder Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.63 | 2.46 | 1.68 | 2.39 | 1.79 | 1.54 | 2.21 |
| Change | -33.89 % | 46.91 % | -29.78 % | 33.47 % | 16.03 % | -30.13 % | 74.84 % |
FY Chart of Quick Ratio of Light & Wonder Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)