Quick Ratio Analysis of RPC Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Very Good Quick Ratio
4.06
Period Ending - Dec-22
Very Good Quick Ratio
3.39
Growth
19.54 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Good Quick Ratio
4.01
Quick Ratio Analysis of RPC Inc
Quick Ratio of RPC Inc with value of 4.06 indicates company has liquid assets to pay its obligations. |
Quick Ratio of RPC Inc with value of 4.01 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of RES has grown by 19.54 % Compared to previous Financial Year. |
Quick Ratio with value of 4.34 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 3.16 was lowest in Year Dec-21 in last Five Years. |
Latest Quick Ratio with value of 4.06 is Greater than Average Quick Ratio of 3.65 in last five years. |
Other Quick Ratio Related Info of RES that may interest you.
RPC Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
RES | 6.12 | 6.09 | 0.493 % | Oil & Gas Equipment & 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
Excellent Stability |
FY - Historical Quick Ratio of RPC Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 4.06 | 3.39 | 3.16 | 4.34 | 3.31 | 3.41 | 3.61 |
Change | 19.54 % | 7.53 % | -27.30 % | 31.06 % | -2.94 % | -5.55 % | -1.10 % |
FY Chart of Quick Ratio of RPC Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)