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The following section summarizes insights on Iron Mountain Incorporated's Quick Ratio:
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Quick Ratio in the popular category include:
A ratio used to assess a company's short-term liquidity.
Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:
(Cash & ST Investments
(+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio
Quick Ratio for Iron Mountain is calculated as follows:
(Cash & ST Investments [ 155.7 M ]
(+) Accounts Receivable [ 1.291 B ]
(/) Current Liabilities [ 3.087 B ]
(=) Quick Ratio [ 0.5x ]
The tables below summarizes the trend in Iron Mountain’s quick ratio over the last five years:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2020-12-31 | 205.1 M | 859.3 M | 1.996 B | 0.5x |
| 2021-12-31 | 255.8 M | 961.4 M | 2.019 B | 0.6x |
| 2022-12-31 | 141.8 M | 1.175 B | 1.918 B | 0.7x |
| 2023-12-31 | 222.8 M | 1.26 B | 2.236 B | 0.7x |
| 2024-12-31 | 155.7 M | 1.291 B | 3.087 B | 0.5x |
The tables below summarizes the trend in Iron Mountain’s quick ratio over the last four quarters:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2024-03-31 | 191.7 M | 1.268 B | 2.029 B | 0.7x |
| 2024-06-30 | 144.3 M | 1.274 B | 2.158 B | 0.7x |
| 2024-09-30 | 168.5 M | 1.243 B | 2.306 B | 0.6x |
| 2024-12-31 | 155.7 M | 1.291 B | 3.087 B | 0.5x |
Read more on Wikipedia: Quick Ratio
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