Quick Ratio Analysis of Saia Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.01
Period Ending - Dec-22
Indecisive Quick Ratio
1.77
Growth
13.85 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.23
Quick Ratio Analysis of Saia Inc
Quick Ratio of Saia Inc with value of 2.01 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Saia Inc with value of 1.23 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of SAIA has grown by 13.85 % Compared to previous Financial Year. |
Quick Ratio of SAIA trending up for at least three Years. |
Quick Ratio with value of 0.852 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 2.01 is Greater than Average Quick Ratio of 1.36 in last five years. |
Other Quick Ratio Related Info of SAIA that may interest you.
Saia Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SAIA | 409.48 | 403.74 | 1.42 % | Trucking |
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 Saia Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 2.01 | 1.77 | 1.23 | 0.914 | 0.852 | 0 | 0 |
Change | 13.85 % | 43.60 % | 34.77 % | 7.30 % |
FY Chart of Quick Ratio of Saia Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)