Quick Ratio Analysis of Ready Capital Corp.(PFD- E) - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.380
Period Ending - Dec-22
Poor Quick Ratio
0.378
Growth
0.751 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
46.29
Quick Ratio Analysis of Ready Capital Corp.(PFD- E)
| Quick Ratio of Ready Capital Corp.(PFD- E) with value of 0.380 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Ready Capital Corp.(PFD- E) with value of 46.29 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of RC-PE has grown by 0.751 % Compared to previous Financial Year. |
| Quick Ratio with value of 17.53 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.378 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 0.380 is lower than Average Quick Ratio of 7.67 in last five years. |
Other Quick Ratio Related Info of RC-PE that may interest you.
Ready Capital Corp.(PFD- E) Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| RC-PE | 18.5 | 18.55 | 0.270 % | REIT-Mortgage |
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 Ready Capital Corp.(PFD- E)
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.380 | 0.378 | 17.53 | 8.81 | 11.23 | 16.98 | 0 |
| Change | 0.751 % | -97.85 % | 98.91 % | -21.49 % | -33.90 % | 0 % |
FY Chart of Quick Ratio of Ready Capital Corp.(PFD- E)
Note : All Data Generated at the End of Trading Hours (EOD Data)