Quick Ratio Analysis of Texas Roadhouse Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

0.427


Poor Quick Ratio
Period Ending - Dec-22
0.550

Not Good Quick Ratio
Growth
-22.45 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

0.211


Poor Quick Ratio
Quick Ratio Analysis of Texas Roadhouse Inc
Quick Ratio of Texas Roadhouse Inc with value of 0.427 indicates company has highly illiquid balance sheet ro pay its obligations.
Quick Ratio of Texas Roadhouse Inc with value of 0.211 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of TXRH drastically fell by -22.45 % this year.
Quick Ratio with value of 0.964 was highest in Year Dec-20 in last Five Years.
Quick Ratio of TXRH trending down for at least three Years.
Latest Quick Ratio with value of 0.427 is lower than Average Quick Ratio of 0.674 in last five years.
Other Quick Ratio Related Info of TXRH that may interest you.
Texas Roadhouse Inc Overview
CodePricePrevious PricePrice ChangeSector
TXRH167.43171.14 2.17 % Restaurants
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Excellent Stability
FY - Historical Quick Ratio of Texas Roadhouse Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio0.4270.5500.8830.9640.5460.8470.730
Change-22.45 %-37.70 %-8.40 %76.76 %-35.58 %16.08 %10.74 %
You are view first 7 Records. Log in to view all 23 in Premium view
FY Chart of Quick Ratio of Texas Roadhouse Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)