Adial Quick Ratio from 2010 to 2024

ADIL Stock  USD 1.00  0.01  1.01%   
Adial Pharmaceuticals Quick Ratio yearly trend continues to be quite stable with very little volatility. The value of Quick Ratio is projected to decrease to 4.46. 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
4.8978664
Current Value
4.46
Quarterly Volatility
4.82914414
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Adial Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adial Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Income of 111.6 K, Depreciation And Amortization of 616 or Interest Expense of 758.1 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.68. Adial financial statements analysis is a perfect complement when working with Adial Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Adial Pharmaceuticals Correlation against competitors.
For more information on how to buy Adial Stock please use our How to buy in Adial Stock guide.

Latest Adial Pharmaceuticals' Quick Ratio Growth Pattern

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

Adial Quick Ratio Regression Statistics

Arithmetic Mean4.94
Geometric Mean2.83
Coefficient Of Variation97.82
Mean Deviation3.01
Median3.87
Standard Deviation4.83
Sample Variance23.32
Range18.1636
R-Value0.12
Mean Square Error24.77
R-Squared0.01
Significance0.68
Slope0.13
Total Sum of Squares326.49

Adial Quick Ratio History

2024 4.46
2023 4.9
2022 2.67
2021 2.37
2020 3.41
2019 14.24
2018 18.19

About Adial Pharmaceuticals Financial Statements

Adial Pharmaceuticals investors utilize fundamental indicators, such as Quick Ratio, to predict how Adial Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 4.90  4.46 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Adial Pharmaceuticals is a strong investment it is important to analyze Adial Pharmaceuticals' 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 Adial Pharmaceuticals' future performance. For an informed investment choice regarding Adial Stock, refer to the following important reports:
Check out the analysis of Adial Pharmaceuticals Correlation against competitors.
For more information on how to buy Adial Stock please use our How to buy in Adial Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Pharmaceuticals 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 Adial Pharmaceuticals. If investors know Adial 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 Adial Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.94)
Return On Assets
(1.04)
Return On Equity
(3.21)
The market value of Adial Pharmaceuticals is measured differently than its book value, which is the value of Adial that is recorded on the company's balance sheet. Investors also form their own opinion of Adial Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Adial Pharmaceuticals' 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 Adial Pharmaceuticals' market value can be influenced by many factors that don't directly affect Adial Pharmaceuticals' 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 Adial Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adial Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adial Pharmaceuticals' 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.