Quick Ratio Analysis of Essential Utilities Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Very Poor Quick Ratio
-8.22
Period Ending - Dec-22
Not Good Quick Ratio
0.598
Growth
-1473.98 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.520
Quick Ratio Analysis of Essential Utilities Inc
| Quick Ratio of Essential Utilities Inc with value of -8.22 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Essential Utilities Inc with value of 0.520 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of WTRG drastically fell by -1473.98 % this year. |
| Quick Ratio with value of 6.25 was highest in Year Dec-19 in last Five Years. |
| Quick Ratio with value of -8.22 was lowest in Year Dec-23 in last Five Years. |
| Latest Quick Ratio with value of -8.22 is lower than Average Quick Ratio of -0.070 in last five years. |
Other Quick Ratio Related Info of WTRG that may interest you.
Essential Utilities Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| WTRG | 37.73 | 36.57 | 3.17 % | Utilities-Regulated Water |
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 Essential Utilities Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | -8.22 | 0.598 | 0.486 | 0.533 | 6.25 | 0.329 | 0.411 |
| Change | -1473.98 % | 23.09 % | -8.76 % | -91.48 % | 1800.24 % | -19.88 % | 7.09 % |
FY Chart of Quick Ratio of Essential Utilities Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)