Looking at Morningstar’s Financial Health ratios, what has happened to HP’s liquidity position over the past 10 years?
Liquidity/Financial Health
2010-10
2011-10
2012-10
2013-10
2014-10
2015-10
2016-10
2017-10
2018-10
2019-10
Latest Qtr
Current Ratio
1.10
1.01
1.09
1.11
1.15
1.23
0.98
1.00
0.85
0.80
0.73
Quick Ratio
0.78
0.58
0.79
0.80
0.83
0.92
0.69
0.68
0.55
0.53
0.48
Financial Leverage
3.07
3.35
4.85
3.88
3.86
3.85
—
—
—
—
—
Debt/Equity
0.38
0.58
0.97
0.60
0.60
0.78
—
—
—
—
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