Quick Ratio Analysis of PROG Holdings Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.24
Period Ending - Dec-22
Very Poor Quick Ratio
-3.34
Growth
167.06 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Poor Quick Ratio
-1.40
Quick Ratio Analysis of PROG Holdings Inc
Quick Ratio of PROG Holdings Inc with value of 2.24 indicates company has liquid assets to pay its obligations. |
Quick Ratio of PROG Holdings Inc with value of -1.40 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of PRG rose handsomely by 167.06 % this year. |
Quick Ratio with value of 2.24 was highest in Year Dec-23 in last Five Years. |
Quick Ratio with value of -3.34 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 2.24 is Greater than Average Quick Ratio of 0.616 in last five years. |
Other Quick Ratio Related Info of PRG that may interest you.
PROG Holdings Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
PRG | 34.49 | 35.03 | 1.54 % | Rental & Leasing Services |
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
No Significant Stability |
FY - Historical Quick Ratio of PROG Holdings Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 2.24 | -3.34 | 2.24 | 1.19 | 0.749 | 0.812 | 1.12 |
Change | 167.06 % | -249.31 % | 87.64 % | 59.39 % | -7.80 % | -27.24 % | -21.34 % |
FY Chart of Quick Ratio of PROG Holdings Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)