ISpecimen Cash Ratio from 2010 to 2024

ISPC Stock  USD 3.45  0.03  0.86%   
ISpecimen's Cash Ratio is increasing over the years with slightly volatile fluctuation. Cash Ratio is expected to dwindle to 0.37. During the period from 2010 to 2024 ISpecimen Cash Ratio annual values regression line had geometric mean of  0.15 and mean square error of  7.93. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.38745133
Current Value
0.37
Quarterly Volatility
2.90254604
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ISpecimen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ISpecimen's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 114.4 K or Interest Income of 356.7 K, as well as many indicators such as Price To Sales Ratio of 9.57, Dividend Yield of 0.0 or PTB Ratio of 9.76. ISpecimen financial statements analysis is a perfect complement when working with ISpecimen Valuation or Volatility modules.
  
Check out the analysis of ISpecimen Correlation against competitors.
For information on how to trade ISpecimen Stock refer to our How to Trade ISpecimen Stock guide.

Latest ISpecimen's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of iSpecimen over the last few years. It is ISpecimen's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ISpecimen's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

ISpecimen Cash Ratio Regression Statistics

Arithmetic Mean1.09
Geometric Mean0.15
Coefficient Of Variation266.44
Mean Deviation1.66
Median0.10
Standard Deviation2.90
Sample Variance8.42
Range11.0683
R-Value0.35
Mean Square Error7.93
R-Squared0.13
Significance0.19
Slope0.23
Total Sum of Squares117.95

ISpecimen Cash Ratio History

2024 0.37
2023 0.39
2022 3.58
2021 11.07
2020 0.0314
2019 0.00342

About ISpecimen Financial Statements

ISpecimen stakeholders use historical fundamental indicators, such as ISpecimen's Cash Ratio, to determine how well the company is positioned to perform in the future. Although ISpecimen investors may analyze each financial statement separately, they are all interrelated. For example, changes in ISpecimen's assets and liabilities are reflected in the revenues and expenses on ISpecimen'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 iSpecimen. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.39  0.37 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether iSpecimen offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ISpecimen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ispecimen Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ispecimen Stock:
Check out the analysis of ISpecimen Correlation against competitors.
For information on how to trade ISpecimen Stock refer to our How to Trade ISpecimen Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Biotechnology 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 ISpecimen. If investors know ISpecimen 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 ISpecimen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(18.12)
Revenue Per Share
19.19
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.44)
Return On Equity
(1.09)
The market value of iSpecimen is measured differently than its book value, which is the value of ISpecimen that is recorded on the company's balance sheet. Investors also form their own opinion of ISpecimen's value that differs from its market value or its book value, called intrinsic value, which is ISpecimen'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 ISpecimen's market value can be influenced by many factors that don't directly affect ISpecimen'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 ISpecimen's value and its price as these two are different measures arrived at by different means. Investors typically determine if ISpecimen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ISpecimen'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.