Universal Quick Ratio from 2010 to 2024

UHT Stock  USD 42.19  0.02  0.05%   
Universal Health 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
8.16328577
Current Value
13.78
Quarterly Volatility
34.01910402
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.1 M, Interest Expense of 23.1 M or Total Revenue of 100.4 M, as well as many indicators such as Price To Sales Ratio of 7.93, Dividend Yield of 0.0793 or PTB Ratio of 2.06. Universal financial statements analysis is a perfect complement when working with Universal Health Valuation or Volatility modules.
  
Check out the analysis of Universal Health Correlation against competitors.

Latest Universal Health's Quick Ratio Growth Pattern

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

Universal Quick Ratio Regression Statistics

Arithmetic Mean10.93
Geometric Mean0.66
Coefficient Of Variation311.12
Mean Deviation16.67
Median0.38
Standard Deviation34.02
Sample Variance1,157
Range133
R-Value(0.37)
Mean Square Error1,077
R-Squared0.14
Significance0.18
Slope(2.80)
Total Sum of Squares16,202

Universal Quick Ratio History

2024 13.78
2023 8.16
2022 0.38
2021 0.41
2020 0.0641
2019 0.0739
2018 2.39

About Universal Health Financial Statements

Universal Health shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Universal Health investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Health's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Health'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 8.16  13.78 

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Additional Tools for Universal Stock Analysis

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