Pinnacle Quick Ratio from 2010 to 2024

PNW Stock  USD 93.62  1.83  1.99%   
Pinnacle West Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average 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
0.49610518
Current Value
0.66
Quarterly Volatility
0.12562444
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pinnacle West financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinnacle West's main balance sheet or income statement drivers, such as Interest Expense of 347.9 M, Total Revenue of 3.1 B or Gross Profit of 1.8 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0323 or PTB Ratio of 1.13. Pinnacle financial statements analysis is a perfect complement when working with Pinnacle West Valuation or Volatility modules.
  
Check out the analysis of Pinnacle West Correlation against competitors.

Latest Pinnacle West's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Pinnacle West Capital 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. Pinnacle West's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pinnacle West's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

Pinnacle Quick Ratio Regression Statistics

Arithmetic Mean0.54
Geometric Mean0.53
Coefficient Of Variation23.18
Mean Deviation0.11
Median0.54
Standard Deviation0.13
Sample Variance0.02
Range0.4085
R-Value0.19
Mean Square Error0.02
R-Squared0.04
Significance0.49
Slope0.01
Total Sum of Squares0.22

Pinnacle Quick Ratio History

2024 0.66
2023 0.5
2022 0.74
2021 0.67
2020 0.64
2019 0.33
2018 0.38

About Pinnacle West Financial Statements

Pinnacle West investors use historical fundamental indicators, such as Pinnacle West'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 Pinnacle West. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.50  0.66 

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Additional Tools for Pinnacle Stock Analysis

When running Pinnacle West's price analysis, check to measure Pinnacle West'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 Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.