Comstock Quick Ratio from 2010 to 2024

CHCI Stock  USD 8.43  0.27  3.31%   
Comstock Holding's Quick Ratio is increasing with slightly volatile movements from year to year. Quick Ratio is estimated to finish at 4.02 this year. 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
3.82645536
Current Value
4.02
Quarterly Volatility
1.38405578
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comstock Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comstock Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 201.4 K, Interest Expense of 189.8 K or Selling General Administrative of 2 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0046 or PTB Ratio of 1.09. Comstock financial statements analysis is a perfect complement when working with Comstock Holding Valuation or Volatility modules.
  
Check out the analysis of Comstock Holding Correlation against competitors.

Latest Comstock Holding's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Comstock Holding Companies 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. Comstock Holding's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comstock Holding'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  

Comstock Quick Ratio Regression Statistics

Arithmetic Mean1.78
Geometric Mean1.22
Coefficient Of Variation77.59
Mean Deviation1.14
Median1.44
Standard Deviation1.38
Sample Variance1.92
Range3.8003
R-Value0.77
Mean Square Error0.84
R-Squared0.59
Significance0.0008
Slope0.24
Total Sum of Squares26.82

Comstock Quick Ratio History

2024 4.02
2023 3.83
2022 2.43
2021 3.59
2020 3.54
2019 1.44
2018 1.31

About Comstock Holding Financial Statements

Investors use fundamental indicators, such as Comstock Holding's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Comstock Holding's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 3.83  4.02 

Currently Active Assets on Macroaxis

When determining whether Comstock Holding Com offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comstock Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comstock Holding Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comstock Holding Companies Stock:
Check out the analysis of Comstock Holding Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Household Durables 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 Comstock Holding. If investors know Comstock 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 Comstock Holding 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
(0.50)
Earnings Share
0.59
Revenue Per Share
4.64
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0904
The market value of Comstock Holding Com is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Holding's value that differs from its market value or its book value, called intrinsic value, which is Comstock Holding'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 Comstock Holding's market value can be influenced by many factors that don't directly affect Comstock Holding'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 Comstock Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Holding'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.