Trio Quick Ratio from 2010 to 2024

TRT Stock  USD 6.19  0.19  3.17%   
Trio Tech Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average 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
3.08002547
Current Value
3.23
Quarterly Volatility
0.70000991
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trio Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trio Tech's main balance sheet or income statement drivers, such as Total Revenue of 33.8 M, Gross Profit of 9.2 M or Operating Income of 569.6 K, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 6.0E-4 or PTB Ratio of 1.09. Trio financial statements analysis is a perfect complement when working with Trio Tech Valuation or Volatility modules.
  
Check out the analysis of Trio Tech Correlation against competitors.

Latest Trio Tech's Quick Ratio Growth Pattern

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

Trio Quick Ratio Regression Statistics

Arithmetic Mean2.02
Geometric Mean1.90
Coefficient Of Variation34.73
Mean Deviation0.60
Median1.85
Standard Deviation0.70
Sample Variance0.49
Range2.0935
R-Value0.90
Mean Square Error0.10
R-Squared0.81
Slope0.14
Total Sum of Squares6.86

Trio Quick Ratio History

2024 3.23
2023 3.08
2022 2.86
2021 2.26
2020 2.5
2019 2.52
2018 2.13

About Trio Tech Financial Statements

Trio Tech shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Trio Tech investors may analyze each financial statement separately, they are all interrelated. The changes in Trio Tech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trio Tech'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 3.08  3.23 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Trio Stock Analysis

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