Quick Ratio Analysis of Live Nation Entertainment Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.957
Period Ending - Dec-22
Not Good Quick Ratio
0.978
Growth
-2.14 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.790
Quick Ratio Analysis of Live Nation Entertainment Inc
| Quick Ratio of Live Nation Entertainment Inc with value of 0.790 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of LYV has fallen by -2.14 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.02 was highest in Year Dec-19 in last Five Years. |
| Quick Ratio with value of 0.956 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 0.957 is lower than Average Quick Ratio of 0.976 in last five years. |
Other Quick Ratio Related Info of LYV that may interest you.
Live Nation Entertainment Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| LYV | 90.43 | 88.75 | 1.89 % | Entertainment |
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 Live Nation Entertainment Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.957 | 0.978 | 0.970 | 0.956 | 1.02 | 1.02 | 0.877 |
| Change | -2.14 % | 0.823 % | 1.52 % | -6.03 % | -0.586 % | 16.69 % | -18.88 % |
FY Chart of Quick Ratio of Live Nation Entertainment Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)