Quick Ratio Analysis of Vital Energy Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.600
Period Ending - Dec-22
Not Good Quick Ratio
0.577
Growth
3.89 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.20
Quick Ratio Analysis of Vital Energy Inc.
| Quick Ratio of Vital Energy Inc. with value of 1.20 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of VTLE has grown by 3.89 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.869 was highest in Year Dec-19 in last Five Years. |
| Quick Ratio with value of 0.428 was lowest in Year Dec-21 in last Five Years. |
| Latest Quick Ratio with value of 0.600 is lower than Average Quick Ratio of 0.630 in last five years. |
Other Quick Ratio Related Info of VTLE that may interest you.
Vital Energy Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| VTLE | 48.85 | 47.79 | 2.22 % | Oil & Gas E&P |
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 Vital Energy Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.600 | 0.577 | 0.428 | 0.675 | 0.869 | 0.763 | 0.815 |
| Change | 3.89 % | 34.77 % | -36.55 % | -22.34 % | 13.95 % | -6.46 % | 4.47 % |
FY Chart of Quick Ratio of Vital Energy Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)