Meiwu Quick Ratio from 2010 to 2024

WNW Stock  USD 1.29  0.09  7.50%   
Meiwu Technology Quick Ratio yearly trend continues to be fairly 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
2.55648603
Current Value
4.21
Quarterly Volatility
4.18034059
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Meiwu Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meiwu Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 443.1 K, Selling General Administrative of 2 M or Selling And Marketing Expenses of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0 or PTB Ratio of 0.89. Meiwu financial statements analysis is a perfect complement when working with Meiwu Technology Valuation or Volatility modules.
  
Check out the analysis of Meiwu Technology Correlation against competitors.

Latest Meiwu Technology's Quick Ratio Growth Pattern

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

Meiwu Quick Ratio Regression Statistics

Arithmetic Mean6.94
Geometric Mean4.59
Coefficient Of Variation60.21
Mean Deviation3.77
Median10.45
Standard Deviation4.18
Sample Variance17.48
Range10.2094
R-Value(0.74)
Mean Square Error8.54
R-Squared0.55
Significance0
Slope(0.69)
Total Sum of Squares244.65

Meiwu Quick Ratio History

2024 4.21
2023 2.56
2022 3.37
2021 7.18
2020 2.63
2019 0.24
2018 0.37

About Meiwu Technology Financial Statements

Meiwu Technology investors use historical fundamental indicators, such as Meiwu Technology'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 Meiwu Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 2.56  4.21 

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Additional Tools for Meiwu Stock Analysis

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