Quick Ratio Analysis of Xpel Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

1.10


Indecisive Quick Ratio
Period Ending - Dec-22
0.958

Not Good Quick Ratio
Growth
14.35 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

1.34


Indecisive Quick Ratio
Quick Ratio Analysis of Xpel Inc
Quick Ratio of Xpel Inc with value of 1.34 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of XPEL has grown by 14.35 % Compared to previous Financial Year.
Quick Ratio with value of 1.91 was highest in Year Dec-20 in last Five Years.
Quick Ratio with value of 0.747 was lowest in Year Dec-21 in last Five Years.
Latest Quick Ratio with value of 1.10 is lower than Average Quick Ratio of 1.30 in last five years.
Other Quick Ratio Related Info of XPEL that may interest you.
Xpel Inc Overview
CodePricePrevious PricePrice ChangeSector
XPEL38.4537.73 1.91 % Auto Parts
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Excellent Stability
FY - Historical Quick Ratio of Xpel Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio1.100.9580.7471.911.791.210.712
Change14.35 %28.22 %-60.81 %6.28 %48.69 %69.49 %-4.91 %
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FY Chart of Quick Ratio of Xpel Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)