Quick Ratio Analysis of MarketAxess Holdings Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.48
Period Ending - Dec-22
Very Good Quick Ratio
4.10
Growth
-39.46 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Good Quick Ratio
2.70
Quick Ratio Analysis of MarketAxess Holdings Inc
Quick Ratio of MarketAxess Holdings Inc with value of 2.48 indicates company has liquid assets to pay its obligations. |
Quick Ratio of MarketAxess Holdings Inc with value of 2.70 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of MKTX drastically fell by -39.46 % this year. |
Quick Ratio with value of 11.38 was highest in Year Dec-19 in last Five Years. |
Quick Ratio with value of 2.48 was lowest in Year Dec-23 in last Five Years. |
Latest Quick Ratio with value of 2.48 is lower than Average Quick Ratio of 5.07 in last five years. |
Other Quick Ratio Related Info of MKTX that may interest you.
MarketAxess Holdings Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MKTX | 214.71 | 216.6 | 0.873 % | Capital Markets |
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
Excellent Stability |
FY - Historical Quick Ratio of MarketAxess Holdings Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 2.48 | 4.10 | 3.20 | 4.17 | 11.38 | 7.18 | 4.80 |
Change | -39.46 % | 27.95 % | -23.14 % | -63.38 % | 58.60 % | 49.41 % | -21.77 % |
FY Chart of Quick Ratio of MarketAxess Holdings Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)