OneMedNet Quick Ratio from 2010 to 2024

ONMDW Stock   0.04  0.02  150.62%   
OneMedNet Corp Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.03 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
0.0272938
Current Value
0.0259
Quarterly Volatility
0.05745462
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OneMedNet Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OneMedNet Corp's main balance sheet or income statement drivers, such as Interest Income of 154.8 K, Depreciation And Amortization of 22.3 K or Selling General Administrative of 3.3 M, as well as many indicators such as Price To Sales Ratio of 5.34, Dividend Yield of 0.0 or Days Sales Outstanding of 48.82. OneMedNet financial statements analysis is a perfect complement when working with OneMedNet Corp Valuation or Volatility modules.
  
Check out the analysis of OneMedNet Corp Correlation against competitors.
For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.

Latest OneMedNet Corp's Quick Ratio Growth Pattern

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

OneMedNet Quick Ratio Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.14
Coefficient Of Variation35.22
Mean Deviation0.04
Median0.19
Standard Deviation0.06
Sample Variance0
Range0.1638
R-Value(0.69)
Mean Square Error0
R-Squared0.47
Significance0
Slope(0.01)
Total Sum of Squares0.05

OneMedNet Quick Ratio History

2024 0.0259
2023 0.0273
2022 0.13
2021 0.18

About OneMedNet Corp Financial Statements

OneMedNet Corp investors use historical fundamental indicators, such as OneMedNet Corp's 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 OneMedNet Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.03  0.03 

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Additional Tools for OneMedNet Stock Analysis

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