Quick Ratio Analysis of nCino Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Jan-24

1.17


Indecisive Quick Ratio
Period Ending - Jan-23
0.964

Not Good Quick Ratio
Growth
20.95 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24

1.07


Indecisive Quick Ratio
Quick Ratio Analysis of nCino Inc
Quick Ratio of nCino Inc with value of 1.07 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Apr-24.
Quick Ratio of NCNO rose handsomely by 20.95 % this year.
Quick Ratio with value of 3.82 was highest in Year Jan-22 in last Five Years.
Quick Ratio with value of 0.964 was lowest in Year Jan-23 in last Five Years.
Latest Quick Ratio with value of 1.17 is lower than Average Quick Ratio of 2.32 in last five years.
Other Quick Ratio Related Info of NCNO that may interest you.
nCino Inc Overview
CodePricePrevious PricePrice ChangeSector
NCNO31.6931.38 0.988 % Software-Application
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Mild Stability
FY - Historical Quick Ratio of nCino Inc
PeriodJan-24Jan-23Jan-22Jan-21Jan-20Jan-19Jan-18
Quick Ratio1.170.9643.823.821.8000
Change20.95 %-74.78 %0 %111.80 %
FY Chart of Quick Ratio of nCino Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)