Quick Ratio Analysis of United States Cellular Corp. - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

1.33


Indecisive Quick Ratio
Period Ending - Dec-22
1.22

Indecisive Quick Ratio
Growth
8.95 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

1.46


Indecisive Quick Ratio
Quick Ratio Analysis of United States Cellular Corp.
Quick Ratio of United States Cellular Corp. with value of 1.46 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of USM has grown by 8.95 % Compared to previous Financial Year.
Quick Ratio with value of 2.84 was highest in Year Dec-20 in last Five Years.
Quick Ratio with value of 1.22 was lowest in Year Dec-22 in last Five Years.
Latest Quick Ratio with value of 1.33 is lower than Average Quick Ratio of 1.77 in last five years.
Other Quick Ratio Related Info of USM that may interest you.
United States Cellular Corp. Overview
CodePricePrevious PricePrice ChangeSector
USM45.143.96 2.59 % Telecom Services
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
No Significant Stability
FY - Historical Quick Ratio of United States Cellular Corp.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio1.331.221.592.841.882.421.83
Change8.95 %-22.85 %-44.24 %51.16 %-22.16 %31.71 %-7.22 %
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FY Chart of Quick Ratio of United States Cellular Corp.


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