Quick Ratio Analysis of Texas Roadhouse Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.427
Period Ending - Dec-22
Not Good Quick Ratio
0.550
Growth
-22.45 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.211
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TXRH | 167.43 | 171.14 | 2.17 % | Restaurants |
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 Texas Roadhouse Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.427 | 0.550 | 0.883 | 0.964 | 0.546 | 0.847 | 0.730 |
Change | -22.45 % | -37.70 % | -8.40 % | 76.76 % | -35.58 % | 16.08 % | 10.74 % |
FY Chart of Quick Ratio of Texas Roadhouse Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)