First Quick Ratio from 2010 to 2024

FHB Stock  USD 27.47  0.05  0.18%   
First Hawaiian's Quick Ratio is decreasing over the years with slightly volatile fluctuation. Quick Ratio is expected to dwindle to 0.22. 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
0.23446486
Current Value
0.22
Quarterly Volatility
728.19689103
 
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Yuan Drop
 
Covid
Check First Hawaiian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Hawaiian's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.3 M, Interest Expense of 149.7 M or Selling General Administrative of 280.3 M, as well as many indicators such as Price To Sales Ratio of 2.43, Dividend Yield of 0.0502 or PTB Ratio of 0.97. First financial statements analysis is a perfect complement when working with First Hawaiian Valuation or Volatility modules.
  
Check out the analysis of First Hawaiian Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First Hawaiian's Quick Ratio Growth Pattern

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

First Quick Ratio Regression Statistics

Arithmetic Mean589.35
Geometric Mean21.56
Coefficient Of Variation123.56
Mean Deviation688.72
Median13.89
Standard Deviation728.20
Sample Variance530,271
Range1.5K
R-Value(0.65)
Mean Square Error326,589
R-Squared0.43
Significance0.01
Slope(106.54)
Total Sum of Squares7.4M

First Quick Ratio History

2024 0.22
2023 0.23
2022 119.73
2021 0.21
2020 0.2
2019 13.89
2018 1.62

About First Hawaiian Financial Statements

First Hawaiian stakeholders use historical fundamental indicators, such as First Hawaiian's Quick Ratio, to determine how well the company is positioned to perform in the future. Although First Hawaiian investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Hawaiian's assets and liabilities are reflected in the revenues and expenses on First Hawaiian'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 First Hawaiian. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.23  0.22 

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 First Hawaiian offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Hawaiian'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 First Hawaiian Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Hawaiian Stock:
Check out the analysis of First Hawaiian Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First 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 First Hawaiian. If investors know First 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 First Hawaiian 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
0.052
Dividend Share
1.04
Earnings Share
1.75
Revenue Per Share
6.337
Quarterly Revenue Growth
0.035
The market value of First Hawaiian is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Hawaiian's value that differs from its market value or its book value, called intrinsic value, which is First Hawaiian'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 First Hawaiian's market value can be influenced by many factors that don't directly affect First Hawaiian'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 First Hawaiian's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Hawaiian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Hawaiian'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.