Quick Ratio Analysis of Universal Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.983
Period Ending - Mar-23
Indecisive Quick Ratio
1.73
Growth
-43.28 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.983
Quick Ratio Analysis of Universal Corporation
Quick Ratio of Universal Corporation with value of 0.983 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of UVV drastically fell by -43.28 % this year. |
Quick Ratio with value of 2.62 was highest in Year Mar-21 in last Five Years. |
Quick Ratio with value of 0.983 was lowest in Year Mar-24 in last Five Years. |
Latest Quick Ratio with value of 0.983 is lower than Average Quick Ratio of 1.85 in last five years. |
Other Quick Ratio Related Info of UVV that may interest you.
Universal Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
UVV | 47.96 | 47.3 | 1.40 % | Tobacco |
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
Low Stability Stock |
FY - Historical Quick Ratio of Universal Corporation
Period | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.983 | 1.73 | 1.41 | 2.62 | 2.52 | 3.50 | 3.14 |
Change | -43.28 % | 22.94 % | -46.23 % | 4.18 % | -28.15 % | 11.61 % | -9.29 % |
FY Chart of Quick Ratio of Universal Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)