Quick Ratio Analysis of Nutrien Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.646
Period Ending - Dec-22
Not Good Quick Ratio
0.610
Growth
5.96 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.530
Quick Ratio Analysis of Nutrien Ltd
| Quick Ratio of Nutrien Ltd with value of 0.530 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of NTR has grown by 5.96 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.771 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio with value of 0.604 was lowest in Year Dec-21 in last Five Years. |
| Latest Quick Ratio with value of 0.646 is lower than Average Quick Ratio of 0.651 in last five years. |
Other Quick Ratio Related Info of NTR that may interest you.
Nutrien Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NTR | 51.22 | 51.28 | 0.117 % | Agricultural Inputs |
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
| Mild Stability | |
FY - Historical Quick Ratio of Nutrien Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.646 | 0.610 | 0.604 | 0.771 | 0.623 | 0.809 | 1.58 |
| Change | 5.96 % | 0.951 % | -21.66 % | 23.74 % | -22.98 % | -48.86 % | 328.97 % |
FY Chart of Quick Ratio of Nutrien Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)