TOMI Quick Ratio from 2010 to 2024

TOMZ Stock  USD 0.71  0.01  1.39%   
TOMI Environmental Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.60 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
2.57724967
Current Value
1.6
Quarterly Volatility
1.97638189
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TOMI Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TOMI Environmental's main balance sheet or income statement drivers, such as Interest Expense of 60.1 K, Selling General Administrative of 5.6 M or Other Operating Expenses of 8.6 M, as well as many indicators such as Price To Sales Ratio of 2.59, Dividend Yield of 0.0 or PTB Ratio of 2.52. TOMI financial statements analysis is a perfect complement when working with TOMI Environmental Valuation or Volatility modules.
  
Check out the analysis of TOMI Environmental Correlation against competitors.

Latest TOMI Environmental's Quick Ratio Growth Pattern

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

TOMI Quick Ratio Regression Statistics

Arithmetic Mean2.39
Geometric Mean1.32
Coefficient Of Variation82.65
Mean Deviation1.57
Median2.32
Standard Deviation1.98
Sample Variance3.91
Range5.9938
R-Value0.35
Mean Square Error3.68
R-Squared0.12
Significance0.20
Slope0.16
Total Sum of Squares54.69

TOMI Quick Ratio History

2024 1.6
2022 2.32
2021 4.49
2020 4.5
2019 0.43
2018 2.68
2017 6.04

About TOMI Environmental Financial Statements

TOMI Environmental investors use historical fundamental indicators, such as TOMI Environmental'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 TOMI Environmental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 2.58  1.60 

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Additional Tools for TOMI Stock Analysis

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