Quick Ratio Analysis of Yirendai Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
6.29
Period Ending - Dec-22
Very Good Quick Ratio
5.44
Growth
15.63 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
6.29
Quick Ratio Analysis of Yirendai Ltd
| Quick Ratio of Yirendai Ltd with value of 6.29 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Yirendai Ltd with value of 6.29 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of YRD has grown by 15.63 % Compared to previous Financial Year. |
| Quick Ratio of YRD trending up for at least three Years. |
| Quick Ratio with value of 2.94 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 6.29 is Greater than Average Quick Ratio of 4.54 in last five years. |
Other Quick Ratio Related Info of YRD that may interest you.
Yirendai Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| YRD | 4.84 | 4.87 | 0.616 % | Credit 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
| Excellent Stability | |
FY - Historical Quick Ratio of Yirendai Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 6.29 | 5.44 | 4.78 | 2.94 | 3.24 | 4.78 | 2.76 |
| Change | 15.63 % | 13.90 % | 62.41 % | -9.32 % | -32.11 % | 72.87 % | 8.25 % |
FY Chart of Quick Ratio of Yirendai Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)