UBXG Quick Ratio from 2010 to 2024

UBXG Stock   3.81  0.13  3.30%   
U BX's Quick Ratio is increasing over the last several years with slightly volatile swings. Quick Ratio is estimated to finish at 6.03 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
5.74711759
Current Value
6.03
Quarterly Volatility
1.67225325
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check U BX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among U BX's main balance sheet or income statement drivers, such as Tax Provision of 119.2 K, Net Interest Income of 258.5 K or Interest Income of 272 K, as well as many indicators such as Price To Sales Ratio of 57.55, Dividend Yield of 0.0 or PTB Ratio of 194. UBXG financial statements analysis is a perfect complement when working with U BX Valuation or Volatility modules.
  
Check out the analysis of U BX Correlation against competitors.

Latest U BX's Quick Ratio Growth Pattern

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

UBXG Quick Ratio Regression Statistics

Arithmetic Mean1.77
Geometric Mean1.42
Coefficient Of Variation94.28
Mean Deviation1.10
Median1.16
Standard Deviation1.67
Sample Variance2.80
Range5.0102
R-Value0.58
Mean Square Error1.99
R-Squared0.34
Significance0.02
Slope0.22
Total Sum of Squares39.15

UBXG Quick Ratio History

2024 6.03
2023 5.75
2022 1.22
2021 1.02
2020 1.03

About U BX Financial Statements

U BX stakeholders use historical fundamental indicators, such as U BX's Quick Ratio, to determine how well the company is positioned to perform in the future. Although U BX investors may analyze each financial statement separately, they are all interrelated. For example, changes in U BX's assets and liabilities are reflected in the revenues and expenses on U BX'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 U BX Technology Ltd. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 5.75  6.03 

Currently Active Assets on Macroaxis

When determining whether U BX Technology is a strong investment it is important to analyze U BX'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 U BX's future performance. For an informed investment choice regarding UBXG Stock, refer to the following important reports:
Check out the analysis of U BX Correlation against competitors.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is IT Consulting & Other Services 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 U BX. If investors know UBXG 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 U BX 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
(0.88)
Earnings Share
(0.48)
Revenue Per Share
2.044
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.05)
The market value of U BX Technology is measured differently than its book value, which is the value of UBXG that is recorded on the company's balance sheet. Investors also form their own opinion of U BX's value that differs from its market value or its book value, called intrinsic value, which is U BX'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 U BX's market value can be influenced by many factors that don't directly affect U BX'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 U BX's value and its price as these two are different measures arrived at by different means. Investors typically determine if U BX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U BX'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.