Quick Ratio Analysis of Valaris Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.49
Period Ending - Dec-22
Good Quick Ratio
2.62
Growth
-43.14 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.47
Quick Ratio Analysis of Valaris Ltd
| Quick Ratio of Valaris Ltd with value of 1.47 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of VAL drastically fell by -43.14 % this year. |
| Quick Ratio with value of 2.77 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.872 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 1.49 is lower than Average Quick Ratio of 1.97 in last five years. |
Other Quick Ratio Related Info of VAL that may interest you.
Valaris Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| VAL | 76.6 | 76.56 | 0.052 % | Oil & Gas Equipment & Services |
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
| No Significant Stability | |
FY - Historical Quick Ratio of Valaris Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.49 | 2.62 | 2.77 | 2.09 | 0.872 | 1.97 | 1.76 |
| Change | -43.14 % | -5.54 % | 32.51 % | 140.10 % | -55.76 % | 12.13 % | -50.83 % |
FY Chart of Quick Ratio of Valaris Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)