Lottomatica Group S.p.A (LTMC.MI) Quick Ratio

Price: $17.69
Market Cap: $4.45B
Avg Volume: 528.44K
Country: IT
Industry: Gambling, Resorts & Casinos
Sector: Consumer Cyclical
Beta: 0.84
52W Range: $10.11-18.36
Website: Lottomatica Group S.p.A

Lottomatica Group S.p.A Quick Ratio

  • Annual: 0.75
  • Quarterly: 0.75
  • TTM: 0.75

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 Lottomatica Group S.p.A's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.75
    • Quarterly: 0.75
    • TTM: 0.75
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.28
    • Quarterly: 0.28
    • TTM: 0.28

These metrics provide insights into Lottomatica Group S.p.A'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

0.75

Quarterly Quick Ratio

0.75

TTM Quick Ratio

0.75

Lottomatica Group S.p.A Historical Quick Ratio
1.931.931.291.290.640.640.000.00Quick Ratio20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Current Ratio
1.931.931.291.290.640.640.000.00Current Ratio20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Cash Ratio
0.850.850.680.680.510.510.340.340.170.170.000.00Cash Ratio20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025

Lottomatica Group S.p.A 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 0.75 0.75 0.28
2023 1.81 1.82 0.51
2022 0.94 0.95 0.45
2021 0.75 0.75 0.27
2020 1.25 1.25 0.85

Related Metrics

Explore detailed financial metrics and analysis for LTMC.MI.