Universal Stainless & Alloy Products (USAP) Quick Ratio
Market Cap: $423.58M
Avg Volume: 190.62K
Industry: Steel
Sector: Basic Materials
Universal Stainless & Alloy Products Quick Ratio
- Annual: 1.11
- Quarterly: 1.35
- TTM: 1.35
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 Universal Stainless & Alloy Products's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 4.27
- Quarterly: 4.38
- TTM: 4.38
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.01
- Quarterly: 0.00
- TTM: 0.00
These metrics provide insights into Universal Stainless & Alloy Products'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
1.11
Quarterly Quick Ratio
1.35
TTM Quick Ratio
1.35
Universal Stainless & Alloy Products Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Universal Stainless & Alloy Products 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 | 1.11 | 4.27 | 0.01 |
| 2022 | 0.95 | 4.34 | 0.04 |
| 2021 | 0.94 | 5.39 | 0.00 |
| 2020 | 0.76 | 4.05 | 0.00 |
| 2019 | 0.88 | 3.82 | 0.00 |
| 2018 | 0.68 | 2.96 | 0.06 |
| 2017 | 0.66 | 3.25 | 0.00 |
| 2016 | 0.76 | 3.89 | 0.00 |
| 2015 | 1.09 | 5.53 | 0.01 |
| 2014 | 1.21 | 4.10 | 0.00 |
Related Metrics
Explore detailed financial metrics and analysis for USAP.