Quick Ratio Analysis of Travel + Leisure Co - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Very Good Quick Ratio
3.10
Period Ending - Dec-22
Indecisive Quick Ratio
1.53
Growth
102.66 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.29
Quick Ratio Analysis of Travel + Leisure Co
Quick Ratio of Travel + Leisure Co with value of 3.10 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Travel + Leisure Co with value of 1.29 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of TNL rose handsomely by 102.66 % this year. |
Quick Ratio with value of 5.97 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 1.53 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 3.10 is lower than Average Quick Ratio of 3.32 in last five years. |
Other Quick Ratio Related Info of TNL that may interest you.
Travel + Leisure Co Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TNL | 43.7 | 45.0 | 2.89 % | Travel Services |
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 Travel + Leisure Co
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 3.10 | 1.53 | 2.82 | 5.97 | 3.17 | 2.43 | 1.00 |
Change | 102.66 % | -45.80 % | -52.73 % | 88.36 % | 30.39 % | 142.88 % | 44.18 % |
FY Chart of Quick Ratio of Travel + Leisure Co
Note : All Data Generated at the End of Trading Hours (EOD Data)