Foxx Current Ratio from 2010 to 2024

FOXX Stock   7.00  0.63  9.89%   
Foxx Development Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.48429637
Current Value
0.63
Quarterly Volatility
0.07283114
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Foxx Development financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Foxx Development's main balance sheet or income statement drivers, such as Tax Provision of 13.1 K, Depreciation And Amortization of 75.9 K or Interest Expense of 292.2 K, as well as many indicators such as Price To Sales Ratio of 26.93, Dividend Yield of 0.0 or Days Sales Outstanding of 207. Foxx financial statements analysis is a perfect complement when working with Foxx Development Valuation or Volatility modules.
  
Check out the analysis of Foxx Development Correlation against competitors.

Latest Foxx Development's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Foxx Development Holdings over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Foxx Development's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Foxx Development's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Foxx Current Ratio Regression Statistics

Arithmetic Mean0.52
Geometric Mean0.51
Coefficient Of Variation14.12
Mean Deviation0.05
Median0.49
Standard Deviation0.07
Sample Variance0.01
Range0.2601
R-Value0.49
Mean Square Error0
R-Squared0.24
Significance0.07
Slope0.01
Total Sum of Squares0.07

Foxx Current Ratio History

2024 0.63
2023 0.48
2022 0.74

About Foxx Development Financial Statements

Foxx Development investors use historical fundamental indicators, such as Foxx Development's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Foxx Development. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.48  0.63 

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Additional Tools for Foxx Stock Analysis

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