Quick Ratio Analysis of Universal Display - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
6.24
Period Ending - Dec-22
Very Good Quick Ratio
5.28
Growth
18.21 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
7.88
Quick Ratio Analysis of Universal Display
| Quick Ratio of Universal Display with value of 6.24 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Universal Display with value of 7.88 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of OLED has grown by 18.21 % Compared to previous Financial Year. |
| Quick Ratio with value of 6.24 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of 4.21 was lowest in Year Dec-21 in last Five Years. |
| Latest Quick Ratio with value of 6.24 is Greater than Average Quick Ratio of 5.06 in last five years. |
Other Quick Ratio Related Info of OLED that may interest you.
Universal Display Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| OLED | 201.4 | 204.425 | 1.48 % | Electronic Components |
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 Universal Display
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 6.24 | 5.28 | 4.21 | 5.05 | 4.51 | 4.24 | 7.57 |
| Change | 18.21 % | 25.28 % | -16.57 % | 11.96 % | 6.35 % | -43.95 % | -17.35 % |
FY Chart of Quick Ratio of Universal Display
Note : All Data Generated at the End of Trading Hours (EOD Data)