YY Quick Ratio from 2010 to 2024

YY Stock  USD 38.70  3.70  10.57%   
YY Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.25 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
1.31884551
Current Value
1.25
Quarterly Volatility
1.52598111
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check YY financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among YY's main balance sheet or income statement drivers, such as Depreciation And Amortization of 130.2 M, Interest Expense of 15.5 M or Selling General Administrative of 97.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0286 or PTB Ratio of 0.48. YY financial statements analysis is a perfect complement when working with YY Valuation or Volatility modules.
  
Check out the analysis of YY Correlation against competitors.

Latest YY's Quick Ratio Growth Pattern

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

YY Quick Ratio Regression Statistics

Arithmetic Mean2.88
Geometric Mean2.40
Coefficient Of Variation52.93
Mean Deviation1.33
Median3.22
Standard Deviation1.53
Sample Variance2.33
Range4.7104
R-Value(0.38)
Mean Square Error2.15
R-Squared0.14
Significance0.17
Slope(0.13)
Total Sum of Squares32.60

YY Quick Ratio History

2024 1.25
2023 1.32
2022 1.4
2021 1.9
2020 4.03
2019 3.68
2018 4.22

About YY Financial Statements

YY investors use historical fundamental indicators, such as YY'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 YY. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.32  1.25 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for YY Stock Analysis

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