Quick Ratio (Quarterly) Chart

View Quick Ratio (Quarterly) for APLD.
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Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00

Historical Quick Ratio (Quarterly) Data

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Date Value
May 31, 2024 --
February 29, 2024 --
November 30, 2023 --
August 31, 2023 --
May 31, 2023 --
Date Value
February 28, 2023 --
November 30, 2022 --
August 31, 2022 --
May 31, 2022 --
February 28, 2022 --

Quick Ratio Definition

The Quick Ratio, also known as the acid-test ratio, is a solvency metric used to determine a firm's ability to pay down current liabilities with its cash, short term equivalents, and accounts receivables. This ratio was nicknamed quick to describe the "quick assets" needed to pay down any current liabilities.

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Quick Ratio (Quarterly) Range, Past 5 Years

Minimum
Feb 2024
Maximum
May 2022
Average
Median