Tecnoglass Cash Ratio from 2010 to 2024

TGLS Stock  USD 85.52  3.88  4.75%   
Tecnoglass Cash Ratio yearly trend continues to be comparatively stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Tecnoglass Cash Ratio quarterly data regression had r-value of  0.91 and coefficient of variation of  76.72. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.54902792
Current Value
0.58
Quarterly Volatility
0.23574808
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tecnoglass financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tecnoglass' main balance sheet or income statement drivers, such as Depreciation And Amortization of 18 M, Interest Expense of 15.2 M or Selling General Administrative of 33.3 M, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0101 or PTB Ratio of 2.65. Tecnoglass financial statements analysis is a perfect complement when working with Tecnoglass Valuation or Volatility modules.
  
Check out the analysis of Tecnoglass Correlation against competitors.
For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.

Latest Tecnoglass' Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Tecnoglass over the last few years. It is Tecnoglass' Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tecnoglass' overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Tecnoglass Cash Ratio Regression Statistics

Arithmetic Mean0.31
Geometric Mean0.19
Coefficient Of Variation76.72
Mean Deviation0.20
Median0.34
Standard Deviation0.24
Sample Variance0.06
Range0.7044
R-Value0.91
Mean Square Error0.01
R-Squared0.83
Slope0.05
Total Sum of Squares0.78

Tecnoglass Cash Ratio History

2024 0.58
2022 0.49
2021 0.55
2020 0.73
2019 0.37
2018 0.27

About Tecnoglass Financial Statements

Tecnoglass shareholders use historical fundamental indicators, such as Cash Ratio, to determine how well the company is positioned to perform in the future. Although Tecnoglass investors may analyze each financial statement separately, they are all interrelated. The changes in Tecnoglass' assets and liabilities, for example, are also reflected in the revenues and expenses on on Tecnoglass' 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
Cash Ratio 0.55  0.58 

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Additional Tools for Tecnoglass Stock Analysis

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