Quick Ratio Analysis of U.S. Bancorp (PFD- L) - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
17.47
Period Ending - Dec-22
Very Good Quick Ratio
4.37
Growth
299.64 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.50
Quick Ratio Analysis of U.S. Bancorp (PFD- L)
Quick Ratio of U.S. Bancorp (PFD- L) with value of 17.47 indicates company has liquid assets to pay its obligations. |
Quick Ratio of U.S. Bancorp (PFD- L) with value of 1.50 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of USB-PQ rose handsomely by 299.64 % this year. |
Quick Ratio with value of 41.96 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 4.37 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 17.47 is lower than Average Quick Ratio of 24.00 in last five years. |
Other Quick Ratio Related Info of USB-PQ that may interest you.
U.S. Bancorp (PFD- L) Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
USB-PQ | 16.57 | 16.66 | 0.540 % | Banks-Regional |
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 Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Quick Ratio of U.S. Bancorp (PFD- L)
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 17.47 | 4.37 | 39.79 | 41.96 | 16.40 | 30.80 | 21.48 |
Change | 299.64 % | -89.01 % | -5.19 % | 155.89 % | -46.76 % | 43.43 % | -19.35 % |
FY Chart of Quick Ratio of U.S. Bancorp (PFD- L)
Note : All Data Generated at the End of Trading Hours (EOD Data)