CMS Energy 5.875% J (CMSD) Quick Ratio
Market Cap: $21.56B
Avg Volume: 50.28K
Industry: Regulated Electric
Sector: Utilities
CMS Energy 5.875% J Quick Ratio
- Annual: 0.78
- Quarterly: 0.57
- TTM: 0.57
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 CMS Energy 5.875% J's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 1.08
- Quarterly: 0.79
- TTM: 0.79
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.04
- Quarterly: 0.03
- TTM: 0.03
These metrics provide insights into CMS Energy 5.875% J'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
0.78
Quarterly Quick Ratio
0.57
TTM Quick Ratio
0.57
CMS Energy 5.875% J Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
CMS Energy 5.875% J 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 | 0.78 | 1.08 | 0.04 |
| 2023 | 0.66 | 0.98 | 0.08 |
| 2022 | 1.24 | 1.84 | 0.09 |
| 2021 | 1.08 | 1.44 | 0.25 |
| 2020 | 1.17 | 1.53 | 0.11 |
| 2019 | 1.16 | 1.57 | 0.09 |
| 2018 | 1.19 | 1.61 | 0.10 |
| 2017 | 1.19 | 1.64 | 0.12 |
| 2016 | 1.21 | 1.66 | 0.17 |
| 2015 | 1.14 | 1.72 | 0.20 |
Related Metrics
Explore detailed financial metrics and analysis for CMSD.