Quick Ratio Analysis of Motorcar Parts of America Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Mar-23
Poor Quick Ratio
0.474
Period Ending - Mar-22
Poor Quick Ratio
0.390
Growth
21.32 %
Most recent Quarter Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.387
Quick Ratio Analysis of Motorcar Parts of America Inc
Quick Ratio of Motorcar Parts of America Inc with value of 0.474 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Motorcar Parts of America Inc with value of 0.387 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Dec-23. |
Quick Ratio of MPAA rose handsomely by 21.32 % this year. |
Quick Ratio with value of 0.548 was highest in Year Mar-20 in last Five Years. |
Quick Ratio with value of 0.368 was lowest in Year Mar-21 in last Five Years. |
Latest Quick Ratio with value of 0.474 is Greater than Average Quick Ratio of 0.435 in last five years. |
Other Quick Ratio Related Info of MPAA that may interest you.
Motorcar Parts of America Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MPAA | 5.09 | 5.29 | 3.78 % | Auto Parts |
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 Motorcar Parts of America Inc
Period | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.474 | 0.390 | 0.368 | 0.548 | 0.396 | 0.281 | 0.329 |
Change | 21.32 % | 6.16 % | -32.85 % | 38.23 % | 40.85 % | -14.60 % | -39.47 % |
FY Chart of Quick Ratio of Motorcar Parts of America Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)