Flag Quick Ratio from 2010 to 2024

FSHPU Stock   10.43  0.00  0.00%   
Flag Ship Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.24 in 2024. 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
0.2780461
Current Value
0.24
Quarterly Volatility
0.09272328
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Flag Ship financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flag Ship's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 0.0 or Interest Income of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Flag financial statements analysis is a perfect complement when working with Flag Ship Valuation or Volatility modules.
  
Check out the analysis of Flag Ship Correlation against competitors.

Latest Flag Ship's Quick Ratio Growth Pattern

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

Flag Quick Ratio Regression Statistics

Arithmetic Mean0.19
Geometric Mean0.17
Coefficient Of Variation49.27
Mean Deviation0.07
Median0.14
Standard Deviation0.09
Sample Variance0.01
Range0.2882
R-Value0.66
Mean Square Error0.01
R-Squared0.43
Significance0.01
Slope0.01
Total Sum of Squares0.12

Flag Quick Ratio History

2024 0.24
2023 0.28
2022 0.43
2021 0.35

About Flag Ship Financial Statements

Flag Ship shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Flag Ship investors may analyze each financial statement separately, they are all interrelated. The changes in Flag Ship's assets and liabilities, for example, are also reflected in the revenues and expenses on on Flag Ship's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.28  0.24 

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Additional Tools for Flag Stock Analysis

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