Ruth's Hospitality Group (RUTH) Quick Ratio

Price: $21.49
Market Cap: $690.54M
Avg Volume: 1.11M
Country: US
Industry: Restaurants
Sector: Consumer Cyclical
Beta: 1.830633
52W Range: $14.65-21.5
Website: Ruth's Hospitality Group

Ruth's Hospitality Group Quick Ratio

  • Annual: 0.49
  • Quarterly: 0.37
  • TTM: 0.37

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 Ruth's Hospitality Group's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.59
    • Quarterly: 0.46
    • TTM: 0.46
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.17
    • Quarterly: 0.13
    • TTM: 0.13

These metrics provide insights into Ruth's Hospitality Group'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

0.49

Quarterly Quick Ratio

0.37

TTM Quick Ratio

0.37

Ruth's Hospitality Group Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio

Ruth's Hospitality Group Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2022.

Year Quick Ratio Current Ratio Cash Ratio
2022 0.49 0.59 0.17
2021 0.99 1.08 0.68
2020 1.11 1.20 0.88
2019 0.26 0.37 0.05
2018 0.26 0.38 0.05
2017 0.29 0.42 0.05
2016 0.31 0.43 0.05
2015 0.28 0.39 0.04
2014 0.29 0.60 0.05
2013 0.30 0.48 0.13