Above Current Ratio from 2010 to 2024

ABVEW Stock   0.02  0.01  24.73%   
Above Food Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.18 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
0.44482295
Current Value
0.17769774
Quarterly Volatility
0.35550142
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Above Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Above Food's main balance sheet or income statement drivers, such as Other Operating Expenses of 431 M, Total Operating Expenses of 38 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 8.8 K. Above financial statements analysis is a perfect complement when working with Above Food Valuation or Volatility modules.
  
Check out the analysis of Above Food Correlation against competitors.

Latest Above Food's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Above Food Ingredients 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. Above Food's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Above Food's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Above Current Ratio Regression Statistics

Arithmetic Mean0.78
Geometric Mean0.64
Coefficient Of Variation45.36
Mean Deviation0.30
Median0.99
Standard Deviation0.36
Sample Variance0.13
Range0.8861
R-Value(0.71)
Mean Square Error0.07
R-Squared0.50
Significance0
Slope(0.06)
Total Sum of Squares1.77

Above Current Ratio History

2023 0.44
2022 0.1
2020 0.18

About Above Food Financial Statements

Above Food investors use historical fundamental indicators, such as Above Food'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 Above Food. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.44  0.18 

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 Above Stock Analysis

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