Portage Quick Ratio from 2010 to 2024

PFTAU Stock  USD 10.85  0.00  0.00%   
Portage Fintech Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.32 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
0.33408267
Current Value
0.32
Quarterly Volatility
0.92539106
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Portage Fintech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Portage Fintech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 15.9 M or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 6.56. Portage financial statements analysis is a perfect complement when working with Portage Fintech Valuation or Volatility modules.
  
Check out the analysis of Portage Fintech Correlation against competitors.

Latest Portage Fintech's Quick Ratio Growth Pattern

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

Portage Quick Ratio Regression Statistics

Arithmetic Mean2.16
Geometric Mean1.76
Coefficient Of Variation42.84
Mean Deviation0.71
Median2.61
Standard Deviation0.93
Sample Variance0.86
Range2.2871
R-Value(0.70)
Mean Square Error0.47
R-Squared0.49
Significance0
Slope(0.14)
Total Sum of Squares11.99

Portage Quick Ratio History

2024 0.32
2023 0.33
2022 0.47

About Portage Fintech Financial Statements

Portage Fintech shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Portage Fintech investors may analyze each financial statement separately, they are all interrelated. The changes in Portage Fintech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Portage Fintech'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 0.33  0.32 

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Additional Tools for Portage Stock Analysis

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