Quick Ratio Analysis of Lowe's Companies Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Jan-24
Poor Quick Ratio
0.140
Period Ending - Jan-23
Poor Quick Ratio
0.149
Growth
-6.24 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24
Poor Quick Ratio
0.232
Quick Ratio Analysis of Lowe's Companies Inc
Quick Ratio of Lowe's Companies Inc with value of 0.140 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Lowe's Companies Inc with value of 0.232 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Apr-24. |
Quick Ratio of LOW has fallen by -6.24 % Compared to previous Financial Year. |
Quick Ratio with value of 0.327 was highest in Year Jan-21 in last Five Years. |
Quick Ratio with value of 0.125 was lowest in Year Jan-22 in last Five Years. |
Latest Quick Ratio with value of 0.140 is lower than Average Quick Ratio of 0.176 in last five years. |
Other Quick Ratio Related Info of LOW that may interest you.
Lowe's Companies Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
LOW | 226.77 | 223.35 | 1.53 % | Home Improvement Retail |
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 Lowe's Companies Inc
Period | Jan-24 | Jan-23 | Jan-22 | Jan-21 | Jan-20 | Jan-19 | Jan-18 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.140 | 0.149 | 0.125 | 0.327 | 0.141 | 0.115 | 0.114 |
Change | -6.24 % | 19.49 % | -61.88 % | 132.41 % | 22.52 % | 0.864 % | -11.47 % |
FY Chart of Quick Ratio of Lowe's Companies Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)