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 VICI Properties is calculated as follows:
(Cash & ST Investments [ 532.3 M ]
(+) Accounts Receivable [ 42.859 B ]
(/) Current Liabilities [ 2.049 B ]
(=) Quick Ratio [ 21.2x ]
The tables below summarizes the trend in VICI Properties’s quick ratio over the last five years:
| Fiscal Year |
Cash & ST Investments |
Accounts Receivable |
Current Liabilities |
Quick Ratio |
| 2020-12-31 |
316 M |
15.924 B |
332.8 M |
48.8x |
| 2021-12-31 |
740.5 M |
16.06 B |
339.8 M |
49.4x |
| 2022-12-31 |
208.9 M |
34.683 B |
593.6 M |
58.8x |
| 2023-12-31 |
524.1 M |
42.081 B |
1.716 B |
24.8x |
| 2024-12-31 |
532.3 M |
42.859 B |
2.049 B |
21.2x |
The tables below summarizes the trend in VICI Properties’s quick ratio over the last four quarters:
| Fiscal Year |
Cash & ST Investments |
Accounts Receivable |
Current Liabilities |
Quick Ratio |
| 2024-03-31 |
485.3 M |
42.105 B |
1.427 B |
29.8x |
| 2024-06-30 |
347.2 M |
42.38 B |
2.741 B |
15.6x |
| 2024-09-30 |
356.4 M |
42.693 B |
2.713 B |
15.9x |
| 2024-12-31 |
532.3 M |
42.859 B |
2.049 B |
21.2x |
Read more on Wikipedia: Quick Ratio
Click the link below to download a spreadsheet with an example Dividend Yield calculation for VICI Properties Inc below: