Panasonic Holdings (PCRFF) Quick Ratio

Price: $11.88
Market Cap: $27.73B
Avg Volume: 12.27K
Country: JP
Industry: Consumer Electronics
Sector: Technology
Beta: 0.878
52W Range: $6.85-12.76
Website: Panasonic Holdings

Panasonic Holdings Quick Ratio

  • Annual: 0.94
  • Quarterly: 0.98
  • TTM: 0.98

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 Panasonic Holdings's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 1.33
    • Quarterly: 1.37
    • TTM: 1.37
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.36
    • Quarterly: 0.37
    • TTM: 0.37

These metrics provide insights into Panasonic Holdings'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

0.94

Quarterly Quick Ratio

0.98

TTM Quick Ratio

0.98

Panasonic Holdings Historical Quick Ratio
1.571.571.051.050.520.520.000.00Quick Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Current Ratio
1.751.751.171.170.580.580.000.00Current Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
0.570.570.450.450.340.340.230.230.110.110.000.00Cash Ratio201620162017201720182018201920192020202020212021202220222023202320242024

Panasonic Holdings 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 0.94 1.33 0.36
2023 0.87 1.32 0.29
2022 0.95 1.32 0.39
2021 1.10 1.40 0.57
2020 1.01 1.31 0.39
2019 0.76 1.10 0.26
2018 0.81 1.13 0.35
2017 0.88 1.18 0.47
2016 0.97 1.28 0.43
2015 0.97 1.25 0.47

Related Metrics

Explore detailed financial metrics and analysis for PCRFF.