Quick Ratio Analysis of Navient Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.545
Period Ending - Dec-22
Very Poor Quick Ratio
-0.889
Growth
161.32 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.555
Quick Ratio Analysis of Navient Corp
| Quick Ratio of Navient Corp with value of 0.555 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of NAVI rose handsomely by 161.32 % this year. |
| Quick Ratio with value of 19.37 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of -0.889 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 0.545 is lower than Average Quick Ratio of 7.73 in last five years. |
Other Quick Ratio Related Info of NAVI that may interest you.
Navient Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NAVI | 14.26 | 14.57 | 2.13 % | Credit Services |
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
| Poor Stability Stock | |
FY - Historical Quick Ratio of Navient Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.545 | -0.889 | 19.37 | 11.32 | 8.30 | 0 | 0 |
| Change | 161.32 % | -104.59 % | 71.12 % | 36.31 % |
FY Chart of Quick Ratio of Navient Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)