Flushing Quick Ratio from 2010 to 2024

FFIC Stock  USD 17.41  0.30  1.75%   
Flushing Financial's Quick Ratio is increasing over the years with slightly volatile fluctuation. Overall, Quick Ratio is expected to go to 23.13 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
22.03
Current Value
23.13
Quarterly Volatility
9.9773913
 
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Yuan Drop
 
Covid
Check Flushing Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flushing Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 32 M or Selling General Administrative of 47 M, as well as many indicators such as Price To Sales Ratio of 3.98, Dividend Yield of 0.0559 or PTB Ratio of 1.39. Flushing financial statements analysis is a perfect complement when working with Flushing Financial Valuation or Volatility modules.
  
Check out the analysis of Flushing Financial Correlation against competitors.
For information on how to trade Flushing Stock refer to our How to Trade Flushing Stock guide.

Latest Flushing Financial's Quick Ratio Growth Pattern

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

Flushing Quick Ratio Regression Statistics

Arithmetic Mean9.19
Geometric Mean3.61
Coefficient Of Variation108.61
Mean Deviation9.31
Median1.61
Standard Deviation9.98
Sample Variance99.55
Range24.4062
R-Value0.88
Mean Square Error24.19
R-Squared0.77
Significance0.000015
Slope1.96
Total Sum of Squares1,394

Flushing Quick Ratio History

2024 23.13
2023 22.03
2022 24.48
2021 18.8
2020 17.78
2019 18.71
2018 1.51

About Flushing Financial Financial Statements

Flushing Financial stakeholders use historical fundamental indicators, such as Flushing Financial's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Flushing Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Flushing Financial's assets and liabilities are reflected in the revenues and expenses on Flushing Financial's 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 Flushing Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 22.03  23.13 

Also Currently Popular

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 Flushing Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flushing Financial'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 Flushing Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flushing Financial Stock:
Check out the analysis of Flushing Financial Correlation against competitors.
For information on how to trade Flushing Stock refer to our How to Trade Flushing Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Regional Banks 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 Flushing Financial. If investors know Flushing 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 Flushing Financial 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
0.152
Dividend Share
0.88
Earnings Share
0.87
Revenue Per Share
6.521
Quarterly Revenue Growth
0.068
The market value of Flushing Financial is measured differently than its book value, which is the value of Flushing that is recorded on the company's balance sheet. Investors also form their own opinion of Flushing Financial's value that differs from its market value or its book value, called intrinsic value, which is Flushing Financial'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 Flushing Financial's market value can be influenced by many factors that don't directly affect Flushing Financial'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 Flushing Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flushing Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flushing Financial'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.