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Hi, I am requesting your help. This is for the Introduction to Business course. I want to get your opinions about Home Depot's 3 ratios

Hi,

I am requesting your help. This is for the Introduction to Business course. I want to get your opinions about Home Depot's 3 ratios for Current, Quick, Cash.

Any insights & thoughts from your analysis of these ratios including trends for example; Is the company performing better or worse relative to the previous year?

Here a Home Depot's Ratios:

Three ratios:

Current Ratio:

2/3/2019 = 1.11

01/28/2018 = 1.17

Quick Radio:

2/3/2019 = 0.22

01/28/2018 = 0.34

Cash Ratio:

2/3/2019 = 0.11

01/28/2018 = 0.22

As for 2019 Calculations:

Current ratio = Current assets / Current liabilities

= 18,529 / 16,716 = 1.11

Quick ratio = Total quick assets / Current liabilities

= 3,714 / 16,716 = 0.22

Cash ratio = Total cash assets / Current liabilities

= 1,778 / 16,716 = 0.11

As for 2018 Calculations:

Current ratio = Current assets / Current liabilities

= 18,933 / 16,194 = 1.17

Quick ratio = Total quick assets / Current liabilities

= 5,547 / 16,194 = 0.34

Cash ratio = Total cash assets / Current liabilities

=3,595 / 16,194 = 0.22

Thank you,

Michelle

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