Aditxt Quick Ratio from 2010 to 2024

ADTX Stock  USD 0.40  0.06  17.65%   
Aditxt Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.23 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
0.23821902
Current Value
0.23
Quarterly Volatility
2.26262078
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aditxt financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aditxt's main balance sheet or income statement drivers, such as Interest Expense of 6.7 M, Selling General Administrative of 11.9 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 2.95, Dividend Yield of 0.0 or PTB Ratio of 0.13. Aditxt financial statements analysis is a perfect complement when working with Aditxt Valuation or Volatility modules.
  
Check out the analysis of Aditxt Correlation against competitors.

Latest Aditxt's Quick Ratio Growth Pattern

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

Aditxt Quick Ratio Regression Statistics

Arithmetic Mean1.09
Geometric Mean0.34
Coefficient Of Variation207.13
Mean Deviation1.24
Median0.42
Standard Deviation2.26
Sample Variance5.12
Range8.9909
R-Value0.24
Mean Square Error5.20
R-Squared0.06
Significance0.40
Slope0.12
Total Sum of Squares71.67

Aditxt Quick Ratio History

2024 0.23
2023 0.24
2022 1.04
2021 2.47
2020 8.99
2019 0.001374
2018 0.07

About Aditxt Financial Statements

Aditxt investors use historical fundamental indicators, such as Aditxt'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 Aditxt. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.24  0.23 

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Additional Tools for Aditxt Stock Analysis

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