Briacell Quick Ratio from 2010 to 2024

BCTX Stock  USD 0.62  0.03  4.62%   
Briacell Therapeutics Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.47 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
0.48971681
Current Value
0.47
Quarterly Volatility
27.04526216
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Briacell Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Briacell Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 86.7 K, Interest Expense of 0.0 or Other Operating Expenses of 34.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Days Sales Outstanding of 0.0 or Invested Capital of 622.1 K. Briacell financial statements analysis is a perfect complement when working with Briacell Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Briacell Therapeutics Correlation against competitors.

Latest Briacell Therapeutics' Quick Ratio Growth Pattern

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

Briacell Quick Ratio Regression Statistics

Arithmetic Mean15.06
Geometric Mean2.93
Coefficient Of Variation179.53
Mean Deviation16.62
Median5.35
Standard Deviation27.05
Sample Variance731.45
Range103
R-Value0.18
Mean Square Error763.23
R-Squared0.03
Significance0.53
Slope1.07
Total Sum of Squares10,240

Briacell Quick Ratio History

2024 0.47
2023 0.49
2022 11.81
2021 45.0
2020 102.88
2019 0.0111
2018 0.14

About Briacell Therapeutics Financial Statements

Briacell Therapeutics investors use historical fundamental indicators, such as Briacell Therapeutics' Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Briacell Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.49  0.47 

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Additional Tools for Briacell Stock Analysis

When running Briacell Therapeutics' price analysis, check to measure Briacell Therapeutics' 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 Briacell Therapeutics is operating at the current time. Most of Briacell Therapeutics' value examination focuses on studying past and present price action to predict the probability of Briacell Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Briacell Therapeutics' price. Additionally, you may evaluate how the addition of Briacell Therapeutics to your portfolios can decrease your overall portfolio volatility.