Quick Ratio Analysis of Saia Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

2.01


Good Quick Ratio
Period Ending - Dec-22
1.77

Indecisive Quick Ratio
Growth
13.85 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

1.23


Indecisive Quick Ratio
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
CodePricePrevious PricePrice ChangeSector
SAIA409.48403.74 1.42 % Trucking
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Excellent Stability
FY - Historical Quick Ratio of Saia Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio2.011.771.230.9140.85200
Change13.85 %43.60 %34.77 %7.30 %
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FY Chart of Quick Ratio of Saia Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)