Check Quick Ratio from 2010 to 2024

CHEK Stock  USD 0.82  0.01  1.23%   
Check Cap Quick Ratio yearly trend continues to be quite stable with very little volatility. Quick Ratio may rise above 19.62 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
18.6887218
Current Value
19.62
Quarterly Volatility
5.14567434
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Check Cap financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Check Cap's main balance sheet or income statement drivers, such as Depreciation And Amortization of 168.6 K, Interest Expense of 12.6 K or Selling General Administrative of 10 M, as well as many indicators such as Price To Sales Ratio of 132, Dividend Yield of 0.0 or PTB Ratio of 0.49. Check financial statements analysis is a perfect complement when working with Check Cap Valuation or Volatility modules.
  
Check out the analysis of Check Cap Correlation against competitors.
For more information on how to buy Check Stock please use our How to buy in Check Stock guide.

Latest Check Cap's Quick Ratio Growth Pattern

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

Check Quick Ratio Regression Statistics

Arithmetic Mean9.39
Geometric Mean7.98
Coefficient Of Variation54.79
Mean Deviation3.94
Median9.57
Standard Deviation5.15
Sample Variance26.48
Range17.5077
R-Value0.47
Mean Square Error22.16
R-Squared0.22
Significance0.08
Slope0.54
Total Sum of Squares370.69

Check Quick Ratio History

2024 19.62
2023 18.69
2022 12.43
2021 13.02
2020 6.11
2019 2.94
2018 6.56

About Check Cap Financial Statements

Check Cap investors utilize fundamental indicators, such as Quick Ratio, to predict how Check Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 18.69  19.62 

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When determining whether Check Cap is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Check Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Check Cap Stock. Highlighted below are key reports to facilitate an investment decision about Check Cap Stock:
Check out the analysis of Check Cap Correlation against competitors.
For more information on how to buy Check Stock please use our How to buy in Check Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Equipment & Supplies 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 Check Cap. If investors know Check 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 Check Cap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.00)
Return On Assets
(0.32)
Return On Equity
(0.54)
The market value of Check Cap is measured differently than its book value, which is the value of Check that is recorded on the company's balance sheet. Investors also form their own opinion of Check Cap's value that differs from its market value or its book value, called intrinsic value, which is Check Cap'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 Check Cap's market value can be influenced by many factors that don't directly affect Check Cap'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 Check Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Check Cap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Check Cap'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.