Lite-On Technology (2301.TW) Quick Ratio
Market Cap: $234.91B
Avg Volume: 9.43M
Industry: Computer Hardware
Sector: Technology
Lite-On Technology Quick Ratio
- Annual: 1.32
- Quarterly: 1.32
- TTM: 1.32
What is the Quick Ratio?
The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.
Related Metrics
Other important metrics to assess Lite-On Technology's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 1.57
- Quarterly: 1.57
- TTM: 1.57
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.93
- Quarterly: 0.93
- TTM: 0.93
These metrics provide insights into Lite-On Technology's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Quick Ratio
1.32
Quarterly Quick Ratio
1.32
TTM Quick Ratio
1.32
Lite-On Technology Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Lite-On Technology Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Quick Ratio | Current Ratio | Cash Ratio |
|---|---|---|---|
| 2024 | 1.32 | 1.57 | 0.93 |
| 2023 | 1.32 | 1.59 | 0.95 |
| 2022 | 1.23 | 1.48 | 0.81 |
| 2021 | 1.06 | 1.36 | 0.63 |
| 2020 | 1.16 | 1.41 | 0.72 |
| 2019 | 1.13 | 1.34 | 0.62 |
| 2018 | 1.05 | 1.31 | 0.52 |
| 2017 | 1.02 | 1.27 | 0.50 |
| 2016 | 1.13 | 1.36 | 0.56 |
| 2015 | 1.11 | 1.37 | 0.60 |
Related Metrics
Explore detailed financial metrics and analysis for 2301.TW.