AZZ Quick Ratio from 2010 to 2024

AZZ Stock  USD 95.33  0.21  0.22%   
AZZ Incorporated Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.28 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.2832491
Current Value
1.28
Quarterly Volatility
0.43319231
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AZZ Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AZZ Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.4 M, Interest Expense of 112.4 M or Selling General Administrative of 134.8 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.011 or PTB Ratio of 1.48. AZZ financial statements analysis is a perfect complement when working with AZZ Incorporated Valuation or Volatility modules.
  
Check out the analysis of AZZ Incorporated Correlation against competitors.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.

Latest AZZ Incorporated's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of AZZ Incorporated over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. AZZ Incorporated's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AZZ Incorporated's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

AZZ Quick Ratio Regression Statistics

Arithmetic Mean1.58
Geometric Mean1.53
Coefficient Of Variation27.48
Mean Deviation0.29
Median1.51
Standard Deviation0.43
Sample Variance0.19
Range1.7114
R-Value(0.30)
Mean Square Error0.18
R-Squared0.09
Significance0.27
Slope(0.03)
Total Sum of Squares2.63

AZZ Quick Ratio History

2022 1.46
2021 1.73
2019 1.85
2018 1.54
2017 1.66
2015 1.22
2014 1.28

About AZZ Incorporated Financial Statements

AZZ Incorporated investors use historical fundamental indicators, such as AZZ Incorporated's Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AZZ Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.28  1.28 

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Additional Tools for AZZ Stock Analysis

When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.