Quick Ratio Analysis of Potbelly Co - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.697
Period Ending - Dec-22
Poor Quick Ratio
0.385
Growth
81.18 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.426
Quick Ratio Analysis of Potbelly Co
Quick Ratio of Potbelly Co with value of 0.426 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of PBPB rose handsomely by 81.18 % this year. |
Quick Ratio of PBPB trending up for at least three Years. |
Quick Ratio with value of 0.310 was lowest in Year Dec-20 in last Five Years. |
Latest Quick Ratio with value of 0.697 is Greater than Average Quick Ratio of 0.456 in last five years. |
Other Quick Ratio Related Info of PBPB that may interest you.
Potbelly Co Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
PBPB | 7.48 | 7.74 | 3.36 % | Restaurants |
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 Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Quick Ratio of Potbelly Co
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.697 | 0.385 | 0.352 | 0.310 | 0.535 | 1.24 | 1.52 |
Change | 81.18 % | 9.52 % | 13.49 % | -42.07 % | -56.82 % | -18.75 % | 20.46 % |
FY Chart of Quick Ratio of Potbelly Co
Note : All Data Generated at the End of Trading Hours (EOD Data)