Quick Ratio Analysis of Magnite Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.09
Period Ending - Dec-22
Indecisive Quick Ratio
1.18
Growth
-7.86 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.10
Quick Ratio Analysis of Magnite Inc
| Quick Ratio of Magnite Inc with value of 1.10 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of MGNI has fallen by -7.86 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.18 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 0 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 1.09 is Greater than Average Quick Ratio of 0.682 in last five years. |
Other Quick Ratio Related Info of MGNI that may interest you.
Magnite Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MGNI | 13.73 | 13.87 | 1.01 % | Advertising Agencies |
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
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Magnite Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.09 | 1.18 | 1.14 | 0 | 0 | 0 | 0 |
| Change | -7.86 % | 3.00 % |
FY Chart of Quick Ratio of Magnite Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)