Emeren Quick Ratio from 2010 to 2024

SOL Stock  USD 1.78  0.08  4.30%   
Emeren Quick Ratio yearly trend continues to be quite stable with very little volatility. Quick Ratio may rise above 4.17 this year. 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
3.97422445
Current Value
4.17
Quarterly Volatility
2.59230092
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Emeren financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Emeren's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.1 M, Interest Expense of 77.9 K or Selling General Administrative of 23.5 M, as well as many indicators such as Price To Sales Ratio of 1.39, Dividend Yield of 32.3 or PTB Ratio of 0.45. Emeren financial statements analysis is a perfect complement when working with Emeren Valuation or Volatility modules.
  
Check out the analysis of Emeren Correlation against competitors.

Latest Emeren's Quick Ratio Growth Pattern

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

Emeren Quick Ratio Regression Statistics

Arithmetic Mean2.02
Geometric Mean1.10
Coefficient Of Variation128.21
Mean Deviation1.96
Median0.77
Standard Deviation2.59
Sample Variance6.72
Range8.9944
R-Value0.68
Mean Square Error3.93
R-Squared0.46
Significance0.01
Slope0.39
Total Sum of Squares94.08

Emeren Quick Ratio History

2024 4.17
2023 3.97
2022 5.3
2021 9.37
2020 1.53
2019 0.77
2018 0.99

About Emeren Financial Statements

Emeren investors utilize fundamental indicators, such as Quick Ratio, to predict how Emeren Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 3.97  4.17 

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When determining whether Emeren Group is a strong investment it is important to analyze Emeren's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Emeren's future performance. For an informed investment choice regarding Emeren Stock, refer to the following important reports:
Check out the analysis of Emeren Correlation against competitors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Construction & Engineering 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 Emeren. If investors know Emeren 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 Emeren listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.92)
Earnings Share
(0.05)
Revenue Per Share
1.915
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.01)
The market value of Emeren Group is measured differently than its book value, which is the value of Emeren that is recorded on the company's balance sheet. Investors also form their own opinion of Emeren's value that differs from its market value or its book value, called intrinsic value, which is Emeren'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 Emeren's market value can be influenced by many factors that don't directly affect Emeren'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 Emeren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emeren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emeren'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.