Himax Quick Ratio from 2010 to 2024

HIMX Stock  USD 6.81  0.04  0.58%   
Himax Technologies Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average 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
1.38723595
Current Value
1.94
Quarterly Volatility
0.21401666
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Himax Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Himax Technologies' main balance sheet or income statement drivers, such as Interest Expense of 6.4 M, Total Revenue of 799.9 M or Gross Profit of 208.4 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0703 or PTB Ratio of 1.17. Himax financial statements analysis is a perfect complement when working with Himax Technologies Valuation or Volatility modules.
  
Check out the analysis of Himax Technologies Correlation against competitors.
For more information on how to buy Himax Stock please use our How to Invest in Himax Technologies guide.

Latest Himax Technologies' Quick Ratio Growth Pattern

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

Himax Quick Ratio Regression Statistics

Arithmetic Mean1.54
Geometric Mean1.53
Coefficient Of Variation13.88
Mean Deviation0.17
Median1.56
Standard Deviation0.21
Sample Variance0.05
Range0.73
R-Value0.05
Mean Square Error0.05
R-Squared0
Significance0.86
Slope0
Total Sum of Squares0.64

Himax Quick Ratio History

2024 1.94
2022 1.39
2021 1.65
2020 1.66
2019 1.21
2017 1.56
2016 1.7

About Himax Technologies Financial Statements

Himax Technologies investors use historical fundamental indicators, such as Himax Technologies' Quick 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 Himax Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.39  1.94 

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Additional Tools for Himax Stock Analysis

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