Quick Ratio Analysis of SandRidge Energy Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Very Good Quick Ratio
5.63
Period Ending - Dec-22
Very Good Quick Ratio
4.71
Growth
19.54 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Good Quick Ratio
4.62
Quick Ratio Analysis of SandRidge Energy Inc
Quick Ratio of SandRidge Energy Inc with value of 5.63 indicates company has liquid assets to pay its obligations. |
Quick Ratio of SandRidge Energy Inc with value of 4.62 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of SD has grown by 19.54 % Compared to previous Financial Year. |
Quick Ratio of SD trending up for at least three Years. |
Quick Ratio with value of 0.378 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 5.63 is Greater than Average Quick Ratio of 2.76 in last five years. |
Other Quick Ratio Related Info of SD that may interest you.
SandRidge Energy Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SD | 13.96 | 13.63 | 2.42 % | Oil & Gas E&P |
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 SandRidge Energy Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 5.63 | 4.71 | 2.48 | 0.607 | 0.378 | 0.462 | 0.937 |
Change | 19.54 % | 89.97 % | 308.90 % | 60.34 % | -18.16 % | -50.66 % | 0.640 % |
FY Chart of Quick Ratio of SandRidge Energy Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)