Quick Ratio Analysis of Teekay Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
6.34
Period Ending - Dec-22
Very Good Quick Ratio
3.55
Growth
78.51 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
9.12
Quick Ratio Analysis of Teekay Corporation
Quick Ratio of Teekay Corporation with value of 6.34 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Teekay Corporation with value of 9.12 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of TK rose handsomely by 78.51 % this year. |
Quick Ratio of TK trending up for at least three Years. |
Quick Ratio with value of 0.683 was lowest in Year Dec-20 in last Five Years. |
Latest Quick Ratio with value of 6.34 is Greater than Average Quick Ratio of 2.71 in last five years. |
Other Quick Ratio Related Info of TK that may interest you.
Teekay Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TK | 9.79 | 9.9 | 1.11 % | Oil & Gas Midstream |
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 Teekay Corporation
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 6.34 | 3.55 | 1.56 | 0.683 | 1.43 | 1.75 | 0.781 |
Change | 78.51 % | 128.04 % | 128.03 % | -52.34 % | -18.13 % | 124.00 % | -15.12 % |
FY Chart of Quick Ratio of Teekay Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)