Quick Ratio Analysis of Vulcan Materials Company - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.39
Period Ending - Dec-22
Indecisive Quick Ratio
1.38
Growth
73.12 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.81
Quick Ratio Analysis of Vulcan Materials Company
Quick Ratio of Vulcan Materials Company with value of 2.39 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Vulcan Materials Company with value of 1.81 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of VMC rose handsomely by 73.12 % this year. |
Quick Ratio with value of 2.39 was highest in Year Dec-23 in last Five Years. |
Quick Ratio with value of 1.38 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 2.39 is Greater than Average Quick Ratio of 1.75 in last five years. |
Other Quick Ratio Related Info of VMC that may interest you.
Vulcan Materials Company Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
VMC | 256.35 | 252.64 | 1.47 % | Building Materials |
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
Mild Stability |
FY - Historical Quick Ratio of Vulcan Materials Company
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 2.39 | 1.38 | 1.52 | 1.75 | 1.72 | 1.08 | 1.80 |
Change | 73.12 % | -9.07 % | -12.86 % | 1.47 % | 59.46 % | -39.98 % | -15.50 % |
FY Chart of Quick Ratio of Vulcan Materials Company
Note : All Data Generated at the End of Trading Hours (EOD Data)