Quick Ratio Analysis of Sanmina Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Sep-23
Indecisive Quick Ratio
1.18
Period Ending - Sep-22
Not Good Quick Ratio
0.911
Growth
29.74 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.25
Quick Ratio Analysis of Sanmina Corporation
Quick Ratio of Sanmina Corporation with value of 1.25 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of SANM rose handsomely by 29.74 % this year. |
Quick Ratio with value of 1.29 was highest in Year Sep-20 in last Five Years. |
Quick Ratio with value of 0.911 was lowest in Year Sep-22 in last Five Years. |
Latest Quick Ratio with value of 1.18 is Greater than Average Quick Ratio of 1.17 in last five years. |
Other Quick Ratio Related Info of SANM that may interest you.
Sanmina Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SANM | 68.54 | 68.61 | 0.102 % | Electronic Components |
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
Mild Stability |
FY - Historical Quick Ratio of Sanmina Corporation
Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 1.18 | 0.911 | 1.27 | 1.29 | 1.20 | 0.683 | 0.968 |
Change | 29.74 % | -28.49 % | -0.978 % | 7.13 % | 75.77 % | -29.46 % | -5.09 % |
FY Chart of Quick Ratio of Sanmina Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)