Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) Quick Ratio

Price: $10.87
Market Cap: $253.70M
Avg Volume: 422.84K
Country: AR
Industry: Construction Materials
Sector: Basic Materials
Beta: 1.278
52W Range: $5.7-13.79
Website: Loma Negra Compañía Industrial Argentina Sociedad Anónima

Loma Negra Compañía Industrial Argentina Sociedad Anónima Quick Ratio

  • Annual: 0.44
  • Quarterly: 0.43
  • TTM: 0.43

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 Loma Negra Compañía Industrial Argentina Sociedad Anónima's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 1.09
    • Quarterly: 1.29
    • TTM: 1.29
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.04
    • Quarterly: 0.04
    • TTM: 0.04

These metrics provide insights into Loma Negra Compañía Industrial Argentina Sociedad Anónima'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

0.44

Quarterly Quick Ratio

0.43

TTM Quick Ratio

0.43

Loma Negra Compañía Industrial Argentina Sociedad Anónima Historical Quick Ratio
0.630.630.500.500.380.380.250.250.130.130.000.00Quick Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Current Ratio
1.601.601.071.070.530.530.000.00Current Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Cash Ratio
0.080.080.070.070.050.050.030.030.020.020.000.00Cash Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024

Loma Negra Compañía Industrial Argentina Sociedad Anónima Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Quick Ratio Current Ratio Cash Ratio
2023 0.44 1.09 0.04
2022 0.48 0.97 0.02
2021 0.63 1.15 0.02
2020 0.56 0.92 0.02
2019 0.27 0.58 0.08

Related Metrics

Explore detailed financial metrics and analysis for LOMA.