Quick Ratio Analysis of Penn National Gaming Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.962
Period Ending - Dec-22
Indecisive Quick Ratio
1.65
Growth
-41.56 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.873
Quick Ratio Analysis of Penn National Gaming Inc
| Quick Ratio of Penn National Gaming Inc with value of 0.873 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of PENN drastically fell by -41.56 % this year. |
| Quick Ratio with value of 2.30 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio of PENN trending down for at least three Years. |
| Latest Quick Ratio with value of 0.962 is lower than Average Quick Ratio of 1.48 in last five years. |
Other Quick Ratio Related Info of PENN that may interest you.
Penn National Gaming Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| PENN | 17.5 | 14.63 | 19.62 % | Resorts & Casinos |
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
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Penn National Gaming Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.962 | 1.65 | 1.85 | 2.30 | 0.625 | 0.832 | 0.674 |
| Change | -41.56 % | -10.80 % | -19.91 % | 268.59 % | -24.90 % | 23.50 % | 6.46 % |
FY Chart of Quick Ratio of Penn National Gaming Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)