USEG Quick Ratio from 2010 to 2024

USEG Stock  USD 1.56  0.01  0.65%   
US Energy's Quick Ratio is increasing over the last several years with stable swings. Quick Ratio is predicted to flatten to 0.72. 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
0.75573208
Current Value
0.72
Quarterly Volatility
0.86144094
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check US Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among US Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12 M, Interest Expense of 869.5 K or Total Revenue of 33.9 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0272 or PTB Ratio of 0.52. USEG financial statements analysis is a perfect complement when working with US Energy Valuation or Volatility modules.
  
Check out the analysis of US Energy Correlation against competitors.

Latest US Energy's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of US Energy Corp 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. US Energy's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in US Energy's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

USEG Quick Ratio Regression Statistics

Arithmetic Mean1.25
Geometric Mean0.98
Coefficient Of Variation68.76
Mean Deviation0.75
Median0.91
Standard Deviation0.86
Sample Variance0.74
Range2.804
R-Value0.21
Mean Square Error0.77
R-Squared0.04
Significance0.46
Slope0.04
Total Sum of Squares10.39

USEG Quick Ratio History

2024 0.72
2023 0.76
2022 0.71
2021 2.09
2020 1.69
2019 2.2
2018 2.21

About US Energy Financial Statements

US Energy stakeholders use historical fundamental indicators, such as US Energy's Quick Ratio, to determine how well the company is positioned to perform in the future. Although US Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in US Energy's assets and liabilities are reflected in the revenues and expenses on US Energy'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 US Energy Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.76  0.72 

Currently Active Assets on Macroaxis

When determining whether US Energy Corp is a strong investment it is important to analyze US Energy'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 US Energy's future performance. For an informed investment choice regarding USEG Stock, refer to the following important reports:
Check out the analysis of US Energy Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Oil & Gas Exploration & Production 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 US Energy. If investors know USEG 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 US Energy 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
8.237
Earnings Share
(1.30)
Revenue Per Share
0.828
Quarterly Revenue Growth
(0.39)
Return On Assets
(0.24)
The market value of US Energy Corp is measured differently than its book value, which is the value of USEG that is recorded on the company's balance sheet. Investors also form their own opinion of US Energy's value that differs from its market value or its book value, called intrinsic value, which is US Energy'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 US Energy's market value can be influenced by many factors that don't directly affect US Energy'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 US Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Energy'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.