Asset Quick Ratio from 2010 to 2024

ASST Stock   0.50  0.06  10.71%   
Asset Entities Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. 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
19.29780319
Current Value
20.26
Quarterly Volatility
6.40657473
 
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Yuan Drop
 
Covid
Check Asset Entities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asset Entities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 697, Selling General Administrative of 2.3 M or Selling And Marketing Expenses of 160.6 K, as well as many indicators such as Price To Sales Ratio of 29.8, Dividend Yield of 0.0 or PTB Ratio of 2.82. Asset financial statements analysis is a perfect complement when working with Asset Entities Valuation or Volatility modules.
  
Check out the analysis of Asset Entities Correlation against competitors.

Latest Asset Entities' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Asset Entities Class 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. Asset Entities' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asset Entities' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Asset Quick Ratio Regression Statistics

Arithmetic Mean4.07
Geometric Mean2.22
Coefficient Of Variation157.31
Mean Deviation4.19
Median1.46
Standard Deviation6.41
Sample Variance41.04
Range18.7997
R-Value0.62
Mean Square Error27.16
R-Squared0.39
Significance0.01
Slope0.89
Total Sum of Squares574.62

Asset Quick Ratio History

2024 20.26
2023 19.3
2022 1.7
2021 3.77

About Asset Entities Financial Statements

Asset Entities shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Asset Entities investors may analyze each financial statement separately, they are all interrelated. The changes in Asset Entities' assets and liabilities, for example, are also reflected in the revenues and expenses on on Asset Entities' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 19.30  20.26 

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Additional Tools for Asset Stock Analysis

When running Asset Entities' price analysis, check to measure Asset Entities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asset Entities is operating at the current time. Most of Asset Entities' value examination focuses on studying past and present price action to predict the probability of Asset Entities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asset Entities' price. Additionally, you may evaluate how the addition of Asset Entities to your portfolios can decrease your overall portfolio volatility.