Quick Ratio Analysis of PTC Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Sep-23
Indecisive Quick Ratio
1.87
Period Ending - Sep-22
Indecisive Quick Ratio
1.75
Growth
7.15 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.59
Quick Ratio Analysis of PTC Inc
| Quick Ratio of PTC Inc with value of 1.59 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of PTC has grown by 7.15 % Compared to previous Financial Year. |
| Quick Ratio of PTC trending up for at least three Years. |
| Quick Ratio with value of 1.12 was lowest in Year Sep-20 in last Five Years. |
| Latest Quick Ratio with value of 1.87 is Greater than Average Quick Ratio of 1.49 in last five years. |
Other Quick Ratio Related Info of PTC that may interest you.
PTC Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| PTC | 176.24 | 173.86 | 1.37 % | Software-Application |
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
| Low Stability Stock | |
FY - Historical Quick Ratio of PTC Inc
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.87 | 1.75 | 1.55 | 1.12 | 1.14 | 0.795 | 1.23 |
| Change | 7.15 % | 12.80 % | 38.17 % | -1.88 % | 43.81 % | -35.14 % | 3.64 % |
FY Chart of Quick Ratio of PTC Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)