Able Current Ratio from 2010 to 2024

ABLV Stock   0.90  0.02  2.27%   
Able View Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.57 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
3.10070087
Current Value
1.57
Quarterly Volatility
0.38276598
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Able View financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Able View's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Depreciation And Amortization of 924.4 K or Interest Expense of 702.8 K, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 5.0E-4 or PTB Ratio of 9.16. Able financial statements analysis is a perfect complement when working with Able View Valuation or Volatility modules.
  
Check out the analysis of Able View Correlation against competitors.

Latest Able View's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Able View Global over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Able View's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Able View's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Able Current Ratio Regression Statistics

Arithmetic Mean1.80
Geometric Mean1.77
Coefficient Of Variation21.31
Mean Deviation0.17
Median1.75
Standard Deviation0.38
Sample Variance0.15
Range1.8234
R-Value0.19
Mean Square Error0.15
R-Squared0.04
Significance0.49
Slope0.02
Total Sum of Squares2.05

Able Current Ratio History

2024 1.57
2023 3.1
2022 1.7
2021 1.28

About Able View Financial Statements

Able View investors use historical fundamental indicators, such as Able View's Current 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 Able View. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.10  1.57 

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Additional Tools for Able Stock Analysis

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