Community Quick Ratio from 2010 to 2024

CHCT Stock  USD 18.89  0.04  0.21%   
Community Healthcare Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 4.53 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
5.74298798
Current Value
4.53
Quarterly Volatility
6.95023027
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Community Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Community Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.8 M, Interest Expense of 18.7 M or Selling General Administrative of 28.7 M, as well as many indicators such as Price To Sales Ratio of 8.17, Dividend Yield of 0.0575 or PTB Ratio of 1.24. Community financial statements analysis is a perfect complement when working with Community Healthcare Valuation or Volatility modules.
  
Check out the analysis of Community Healthcare Correlation against competitors.

Latest Community Healthcare's Quick Ratio Growth Pattern

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

Community Quick Ratio Regression Statistics

Arithmetic Mean8.08
Geometric Mean2.90
Coefficient Of Variation86.06
Mean Deviation6.26
Median5.74
Standard Deviation6.95
Sample Variance48.31
Range15.9864
R-Value(0.80)
Mean Square Error18.48
R-Squared0.64
Significance0.0003
Slope(1.25)
Total Sum of Squares676.28

Community Quick Ratio History

2024 4.53
2023 5.74
2022 3.05
2021 0.41
2020 -0.009894
2019 -0.0813
2018 0.72

About Community Healthcare Financial Statements

Community Healthcare shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Community Healthcare investors may analyze each financial statement separately, they are all interrelated. The changes in Community Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses on on Community Healthcare's 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 5.74  4.53 

Thematic Opportunities

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Additional Tools for Community Stock Analysis

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