MAYS Quick Ratio from 2010 to 2024

MAYS Stock  USD 42.18  0.00  0.00%   
J W Quick Ratio yearly trend continues to be comparatively 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
1.75162802
Current Value
2.09
Quarterly Volatility
0.87356172
 
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Yuan Drop
 
Covid
Check J W financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among J W's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 129.5 K or Total Revenue of 15.7 M, as well as many indicators such as Price To Sales Ratio of 2.3, Dividend Yield of 0.0 or PTB Ratio of 1.46. MAYS financial statements analysis is a perfect complement when working with J W Valuation or Volatility modules.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Latest J W's Quick Ratio Growth Pattern

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

MAYS Quick Ratio Regression Statistics

Arithmetic Mean1.52
Geometric Mean1.16
Coefficient Of Variation57.41
Mean Deviation0.70
Median1.73
Standard Deviation0.87
Sample Variance0.76
Range2.9431
R-Value0.12
Mean Square Error0.81
R-Squared0.01
Significance0.67
Slope0.02
Total Sum of Squares10.68

MAYS Quick Ratio History

2024 2.09
2023 1.75
2022 0.48
2021 3.03
2020 0.87
2019 0.89
2018 0.0898

About J W Financial Statements

J W shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although J W investors may analyze each financial statement separately, they are all interrelated. The changes in J W's assets and liabilities, for example, are also reflected in the revenues and expenses on on J W'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 1.75  2.09 

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Additional Tools for MAYS Stock Analysis

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