Cyclacel Quick Ratio from 2010 to 2024

CYCC Stock  USD 0.39  0.01  2.63%   
Cyclacel Pharmaceuticals' Quick Ratio is increasing over the years with stable fluctuation. Quick Ratio is expected to dwindle to 0.87. 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
0.91214312
Current Value
0.87
Quarterly Volatility
3.27993709
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cyclacel Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cyclacel Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.4 K, Interest Expense of 2.4 M or Selling General Administrative of 5.9 M, as well as many indicators such as Price To Sales Ratio of 5.91, Dividend Yield of 0.0929 or PTB Ratio of 3.93. Cyclacel financial statements analysis is a perfect complement when working with Cyclacel Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Cyclacel Pharmaceuticals Correlation against competitors.
For information on how to trade Cyclacel Stock refer to our How to Trade Cyclacel Stock guide.

Latest Cyclacel Pharmaceuticals' Quick Ratio Growth Pattern

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

Cyclacel Quick Ratio Regression Statistics

Arithmetic Mean4.40
Geometric Mean3.39
Coefficient Of Variation74.49
Mean Deviation2.09
Median4.07
Standard Deviation3.28
Sample Variance10.76
Range13.1224
R-Value0.19
Mean Square Error11.17
R-Squared0.04
Significance0.50
Slope0.14
Total Sum of Squares150.61

Cyclacel Quick Ratio History

2024 0.87
2023 0.91
2022 4.07
2021 7.62
2020 13.99
2019 5.5
2018 4.31

About Cyclacel Pharmaceuticals Financial Statements

Cyclacel Pharmaceuticals stakeholders use historical fundamental indicators, such as Cyclacel Pharmaceuticals' Quick Ratio, to determine how well the company is positioned to perform in the future. Although Cyclacel Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cyclacel Pharmaceuticals' assets and liabilities are reflected in the revenues and expenses on Cyclacel Pharmaceuticals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cyclacel Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.91  0.87 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cyclacel Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cyclacel Pharmaceuticals' 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 Cyclacel Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cyclacel Pharmaceuticals Stock:
Check out the analysis of Cyclacel Pharmaceuticals Correlation against competitors.
For information on how to trade Cyclacel Stock refer to our How to Trade Cyclacel Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Biotechnology 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 Cyclacel Pharmaceuticals. If investors know Cyclacel 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 Cyclacel Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(27.40)
Revenue Per Share
0.044
Quarterly Revenue Growth
(0.99)
Return On Assets
(1.03)
Return On Equity
(5.71)
The market value of Cyclacel Pharmaceuticals is measured differently than its book value, which is the value of Cyclacel that is recorded on the company's balance sheet. Investors also form their own opinion of Cyclacel Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Cyclacel Pharmaceuticals' 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 Cyclacel Pharmaceuticals' market value can be influenced by many factors that don't directly affect Cyclacel Pharmaceuticals' 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 Cyclacel Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cyclacel Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cyclacel Pharmaceuticals' 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.