InnSuites Current Ratio from 2010 to 2024

IHT Stock  USD 2.27  0.12  5.58%   
InnSuites Hospitality Current Ratio yearly trend continues to be comparatively 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
1.69733008
Current Value
1.78
Quarterly Volatility
0.7344605
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check InnSuites Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InnSuites Hospitality's main balance sheet or income statement drivers, such as Interest Expense of 777 K, Total Revenue of 12.5 M or Gross Profit of 3.9 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0131 or PTB Ratio of 1.63. InnSuites financial statements analysis is a perfect complement when working with InnSuites Hospitality Valuation or Volatility modules.
  
Check out the analysis of InnSuites Hospitality Correlation against competitors.

Latest InnSuites Hospitality's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of InnSuites Hospitality Trust 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. InnSuites Hospitality's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in InnSuites Hospitality's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.63 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

InnSuites Current Ratio Regression Statistics

Arithmetic Mean1.05
Geometric Mean0.72
Coefficient Of Variation70.18
Mean Deviation0.63
Median0.97
Standard Deviation0.73
Sample Variance0.54
Range2.2012
R-Value0.81
Mean Square Error0.20
R-Squared0.65
Significance0.0003
Slope0.13
Total Sum of Squares7.55

InnSuites Current Ratio History

2024 1.78
2023 1.7
2022 2.3
2021 1.57
2020 0.97
2019 1.19
2018 1.55

About InnSuites Hospitality Financial Statements

InnSuites Hospitality shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although InnSuites Hospitality investors may analyze each financial statement separately, they are all interrelated. The changes in InnSuites Hospitality's assets and liabilities, for example, are also reflected in the revenues and expenses on on InnSuites Hospitality'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
Current Ratio 1.70  1.78 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for InnSuites Stock Analysis

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