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Adobe Inc. (ADBE) Quick Ratio

Annual Quick Ratio

0.970.07-6.73%

Summary

As of today, ADBE annual quick ratio is 0.97, down -6.73% on
ADBE annual quick ratio is down -12.61% over the past 3 years, down -33.10% over the past 5 years
ADBE annual quick ratio is currently -77.28% below its historical high of 4.27 set on
ADBE annual quick ratio is at its 3-year low
ADBE annual quick ratio is higher than 24.17% of companies in Technology sector

Quick Ratio Chart

SUGGESTED SERIES

Performance

ADBE Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.97-6.7%-12.6%-33.1%-67.8%
Quarterly Quick Ratio0.75-24.2%-35.3%-42.8%-76.8%
Price$250.41-30.0%-54.1%-59.7%+803.7%
Annual Current Assets$9.91B-9.8%+10.1%+24.3%+208.0%
Annual Inventory$0.000.0%0.0%0.0%0.0%
Annual Current Liabilities$10.20B-3.0%+25.5%+85.0%+855.0%
Annual Current Ratio0.97-6.7%-12.6%-33.1%-67.8%
Annual Debt To Equity0.57+32.6%+72.7%+62.9%+96.5%
Piotroski F-Score8+14.3%-11.1%-11.1%+14.3%
Altman Z-Score7.26-19.8%-49.0%-60.8%+45.2%

Quick Ratio Highs

ADBE Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.34-27.6%
5Y1.45N/A-33.1%
All4.27-77.3%

Quick Ratio Lows

ADBE Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.97at low
5Y0.97at low
All0.77+26.0%

Quick Ratio History

YearValueChange
0.97-6.7%
1.04-22.4%
1.34+20.7%
1.11-9.0%
1.22-15.9%
1.45+88.3%
0.77-31.9%
1.13-44.9%
2.05-1.4%
2.08-4.6%
2.18+17.8%
1.85-30.2%
2.65-22.3%
3.41+12.9%
3.02+0.3%
3.01+2.7%
2.93-18.4%
3.59+18.9%
3.02-29.1%
4.26+1.9%
YearValueChange
4.18+19.8%
3.49+14.8%
3.04+40.7%
2.16-11.5%
2.44-12.5%
2.79+19.7%
2.33+28.0%
1.82-39.7%
3.02-4.4%
3.16-14.1%
3.68+18.7%
3.10-23.8%
4.07+5.2%
3.87-9.4%
4.27+50.4%
2.84+27.4%
2.23-16.2%
2.66-15.3%
3.14-

FAQ

What is the current annual quick ratio of ADBE?
As of today, ADBE annual quick ratio is 0.97
What is 1-year change in ADBE annual quick ratio?
ADBE annual quick ratio is down -6.73% year-over-year
What is 3-year change in ADBE annual quick ratio?
ADBE annual quick ratio is down -12.61% over the past 3 years
How far is ADBE annual quick ratio from its all-time high?
ADBE annual quick ratio is currently -77.28% below its historical high of 4.27 set on November 30, 1991
How does ADBE annual quick ratio rank versus sector peers?
ADBE annual quick ratio is higher than 24.17% of companies in Technology sector
When is ADBE next annual earnings release?
As of today, the next annual earnings release for ADBE has not been scheduled

Quick Ratio Formula

Quick Ratio =  
Current Assets - Inventory
Current Liabilities

Data Sources & References

  1. ADBE Official Website www.adobe.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/796343/000079634326000003/0000796343-26-000003-index.htm
  3. ADBE Profile on Yahoo Finance finance.yahoo.com/quote/ADBE
  4. ADBE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/adbe