Technology Current Ratio from 2010 to 2024

TETE Stock  USD 12.29  0.04  0.33%   
Technology Telecommunicatio's Current Ratio is decreasing over the years with very volatile fluctuation. Current Ratio is expected to dwindle to 0.01. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.005849
Current Value
0.005557
Quarterly Volatility
1.08791709
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Technology Telecommunicatio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Technology Telecommunicatio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 973.1 K or Other Operating Expenses of 2.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 3.08. Technology financial statements analysis is a perfect complement when working with Technology Telecommunicatio Valuation or Volatility modules.
  
Check out the analysis of Technology Telecommunicatio Correlation against competitors.

Latest Technology Telecommunicatio's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Technology Telecommunication over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Technology Telecommunicatio's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Technology Telecommunicatio's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Technology Current Ratio Regression Statistics

Arithmetic Mean1.01
Geometric Mean0.38
Coefficient Of Variation107.22
Mean Deviation0.49
Median0.96
Standard Deviation1.09
Sample Variance1.18
Range4.6807
R-Value(0.03)
Mean Square Error1.27
R-Squared0
Significance0.91
Slope(0.01)
Total Sum of Squares16.57

Technology Current Ratio History

2024 0.005557
2023 0.005849
2022 0.005086
2021 4.69

About Technology Telecommunicatio Financial Statements

Technology Telecommunicatio stakeholders use historical fundamental indicators, such as Technology Telecommunicatio's Current Ratio, to determine how well the company is positioned to perform in the future. Although Technology Telecommunicatio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Technology Telecommunicatio's assets and liabilities are reflected in the revenues and expenses on Technology Telecommunicatio'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 Technology Telecommunication. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.01  0.01 

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 Technology Telecommunicatio is a strong investment it is important to analyze Technology Telecommunicatio'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 Technology Telecommunicatio's future performance. For an informed investment choice regarding Technology Stock, refer to the following important reports:
Check out the analysis of Technology Telecommunicatio Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks 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 Technology Telecommunicatio. If investors know Technology 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 Technology Telecommunicatio 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
0.876
Earnings Share
0.05
Return On Assets
(0.03)
The market value of Technology Telecommunicatio is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Technology Telecommunicatio'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 Technology Telecommunicatio's market value can be influenced by many factors that don't directly affect Technology Telecommunicatio'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 Technology Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology Telecommunicatio'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.