Appfolio Quick Ratio from 2010 to 2024

APPF Stock  USD 252.45  0.22  0.09%   
Appfolio's Quick Ratio is increasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 2.00. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
3.90386435
Current Value
2
Quarterly Volatility
1.01124715
 
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Yuan Drop
 
Covid
Check Appfolio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Appfolio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.6 M, Interest Expense of 722 K or Selling General Administrative of 98.1 M, as well as many indicators such as Price To Sales Ratio of 8.53, Dividend Yield of 0.0 or PTB Ratio of 21.8. Appfolio financial statements analysis is a perfect complement when working with Appfolio Valuation or Volatility modules.
  
Check out the analysis of Appfolio Correlation against competitors.
For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.

Latest Appfolio's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Appfolio over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Appfolio's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Appfolio's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Appfolio Quick Ratio Regression Statistics

Arithmetic Mean2.40
Geometric Mean2.17
Coefficient Of Variation42.10
Mean Deviation0.80
Median2.18
Standard Deviation1.01
Sample Variance1.02
Range3.4256
R-Value0.47
Mean Square Error0.86
R-Squared0.22
Significance0.08
Slope0.11
Total Sum of Squares14.32

Appfolio Quick Ratio History

2024 2.0
2023 3.9
2022 3.28
2021 3.01
2020 4.0
2019 1.3
2018 3.83

About Appfolio Financial Statements

Appfolio stakeholders use historical fundamental indicators, such as Appfolio's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Appfolio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Appfolio's assets and liabilities are reflected in the revenues and expenses on Appfolio's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Appfolio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 3.90  2.00 

Currently Active Assets on Macroaxis

When determining whether Appfolio is a strong investment it is important to analyze Appfolio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Appfolio's future performance. For an informed investment choice regarding Appfolio Stock, refer to the following important reports:
Check out the analysis of Appfolio Correlation against competitors.
For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Appfolio. If investors know Appfolio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Appfolio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.25
Earnings Share
3.61
Revenue Per Share
21.111
Quarterly Revenue Growth
0.244
Return On Assets
0.1953
The market value of Appfolio is measured differently than its book value, which is the value of Appfolio that is recorded on the company's balance sheet. Investors also form their own opinion of Appfolio's value that differs from its market value or its book value, called intrinsic value, which is Appfolio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Appfolio's market value can be influenced by many factors that don't directly affect Appfolio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Appfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Appfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appfolio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.