Labcorp Holdings Inc. company logo
Labcorp Holdings Inc. logo

Labcorp Holdings Inc. (LH) Quick Ratio

Annual Quick Ratio

1.300.28+27.45%

Summary

Current Value
As of today, LH annual quick ratio is 1.30, up +27.45% on
Historical Performance
LH annual quick ratio is down -26.55% over the past 3 years, and up +26.21% over the past 5 years
All-Time High Comparison
LH annual quick ratio is currently -63.59% below its historical high of 3.57 set on
3-Year Low Comparison
LH annual quick ratio is +27.45% above its 3-year low of 1.02 reached on
Sector Comparison
LH annual quick ratio is higher than 26.75% of companies in Healthcare sector

Quick Ratio Chart

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Series
SUGGESTED SERIES

Performance

LH Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio1.30+27.4%-26.6%+26.2%+56.6%
Quarterly Quick Ratio1.35+3.9%-12.9%+9.8%+50.0%
Price$270.87+13.4%+25.3%+40.9%+245.9%
Annual Current Assets$4.81B+27.6%-9.8%+61.2%+413.7%
Annual Inventory$493.20M+3.9%+22.9%+101.5%+448.0%
Annual Current Liabilities$3.33B+3.3%+19.7%+25.4%+227.0%
Annual Current Ratio1.44+23.1%-25.0%+28.6%+56.5%
Annual Debt To Equity0.90+18.4%+45.2%-4.3%+36.4%
Piotroski F-Score9+28.6%+50.0%0.0%+28.6%
Altman Z-Score2.95+5.4%+5.7%+0.7%-12.5%

Quick Ratio Highs

LH Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.35N/A-3.7%
5Y1.77-26.6%
All3.57-63.6%

Quick Ratio Lows

LH Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.02+27.4%
5Y1.02+27.4%
All0.72+80.6%

Quick Ratio History

YearValueChange
1.30+27.5%
1.02-24.4%
1.35-23.7%
1.77+15.7%
1.53+48.5%
1.03-25.4%
1.38+20.0%
1.15-7.3%
1.24-13.3%
1.43-10.1%
1.59-9.7%
1.76+41.9%
1.24+1.6%
1.22+31.2%
0.93+12.0%
0.83-51.7%
1.72+93.3%
0.89+3.5%
0.86+19.4%
YearValueChange
0.72-68.1%
2.26+186.1%
0.79-66.9%
2.39-24.1%
3.15+104.5%
1.54-19.8%
1.92-1.0%
1.94-22.4%
2.50-6.7%
2.68+71.8%
1.56+15.6%
1.35-2.9%
1.39+13.9%
1.22-35.8%
1.90+45.0%
1.31-63.3%
3.57+100.6%
1.78-

FAQ

  • What is the current annual quick ratio of LH?

    As of today, LH annual quick ratio is 1.30

  • What is 1-year change in LH annual quick ratio?

    LH annual quick ratio is up +27.45% year-over-year

  • What is 3-year change in LH annual quick ratio?

    LH annual quick ratio is down -26.55% over the past 3 years

  • How far is LH annual quick ratio from its all-time high?

    LH annual quick ratio is currently -63.59% below its historical high of 3.57 set on December 31, 1989

  • How does LH annual quick ratio rank versus sector peers?

    LH annual quick ratio is higher than 26.75% of companies in Healthcare sector

  • When is LH next annual earnings release?

    The next annual earnings release for LH is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. LH Official Website www.labcorp.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/920148/000092014825000093/0000920148-25-000093-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/920148/000092014825000032/0000920148-25-000032-index.htm
  4. LH Profile on Yahoo Finance finance.yahoo.com/quote/LH
  5. LH Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/lh