Quick Ratio Analysis of Suburban Propane Partners LP - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Sep-23
Poor Quick Ratio
0.332
Period Ending - Sep-22
Poor Quick Ratio
0.352
Growth
-5.71 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.654
Quick Ratio Analysis of Suburban Propane Partners LP
| Quick Ratio of Suburban Propane Partners LP with value of 0.332 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Suburban Propane Partners LP with value of 0.654 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of SPH has fallen by -5.71 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.412 was highest in Year Sep-21 in last Five Years. |
| Quick Ratio with value of 0.283 was lowest in Year Sep-20 in last Five Years. |
| Latest Quick Ratio with value of 0.332 is lower than Average Quick Ratio of 0.348 in last five years. |
Other Quick Ratio Related Info of SPH that may interest you.
Suburban Propane Partners LP Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SPH | 19.3 | 19.96 | 3.31 % | Utilities-Regulated Gas |
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
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Suburban Propane Partners LP
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.332 | 0.352 | 0.412 | 0.283 | 0.363 | 0.450 | 0.410 |
| Change | -5.71 % | -14.56 % | 45.82 % | -22.11 % | -19.46 % | 9.83 % | -17.51 % |
FY Chart of Quick Ratio of Suburban Propane Partners LP
Note : All Data Generated at the End of Trading Hours (EOD Data)