Intchains Quick Ratio from 2010 to 2024

ICG Stock   4.97  0.06  1.19%   
Intchains Group's Quick Ratio is increasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 14.02. 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
26.83386593
Current Value
14.02
Quarterly Volatility
11.88031537
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Intchains Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intchains Group's main balance sheet or income statement drivers, such as Net Interest Income of 17.5 M, Interest Income of 17.6 M or Depreciation And Amortization of 4 M, as well as many indicators such as Price To Sales Ratio of 49.46, Dividend Yield of 0.0028 or PTB Ratio of 5.24. Intchains financial statements analysis is a perfect complement when working with Intchains Group Valuation or Volatility modules.
  
Check out the analysis of Intchains Group Correlation against competitors.

Latest Intchains Group's Quick Ratio Growth Pattern

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

Intchains Quick Ratio Regression Statistics

Arithmetic Mean7.29
Geometric Mean2.24
Coefficient Of Variation163.07
Mean Deviation9.08
Median0.85
Standard Deviation11.88
Sample Variance141.14
Range38.4316
R-Value0.69
Mean Square Error79.66
R-Squared0.48
Significance0
Slope1.83
Total Sum of Squares1,976

Intchains Quick Ratio History

2024 14.02
2023 26.83
2022 39.29
2021 17.11
2020 3.5

About Intchains Group Financial Statements

Intchains Group stakeholders use historical fundamental indicators, such as Intchains Group's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Intchains Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Intchains Group's assets and liabilities are reflected in the revenues and expenses on Intchains Group'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 Intchains Group Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 26.83  14.02 

Currently Active Assets on Macroaxis

When determining whether Intchains Group is a strong investment it is important to analyze Intchains Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intchains Group's future performance. For an informed investment choice regarding Intchains Stock, refer to the following important reports:
Check out the analysis of Intchains Group Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Semiconductors & Semiconductor Equipment 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 Intchains Group. If investors know Intchains 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 Intchains Group 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
(0.37)
Earnings Share
(0.11)
Revenue Per Share
3.163
Quarterly Revenue Growth
7.851
Return On Assets
(0)
The market value of Intchains Group is measured differently than its book value, which is the value of Intchains that is recorded on the company's balance sheet. Investors also form their own opinion of Intchains Group's value that differs from its market value or its book value, called intrinsic value, which is Intchains Group'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 Intchains Group's market value can be influenced by many factors that don't directly affect Intchains Group'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 Intchains Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intchains Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intchains Group'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.