Applied Quick Ratio from 2010 to 2024

APLT Stock  USD 9.63  0.36  3.88%   
Applied Therapeutics Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.73 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
0.76404147
Current Value
0.73
Quarterly Volatility
1.21159095
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Applied Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Applied Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 1.4 M, Interest Income of 1.1 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 22.59, Dividend Yield of 0.0 or Days Sales Outstanding of 8.33. Applied financial statements analysis is a perfect complement when working with Applied Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Applied Therapeutics Correlation against competitors.
For more information on how to buy Applied Stock please use our How to Invest in Applied Therapeutics guide.

Latest Applied Therapeutics' Quick Ratio Growth Pattern

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

Applied Quick Ratio Regression Statistics

Arithmetic Mean3.01
Geometric Mean2.65
Coefficient Of Variation40.25
Mean Deviation0.85
Median3.31
Standard Deviation1.21
Sample Variance1.47
Range4.1251
R-Value(0.50)
Mean Square Error1.18
R-Squared0.25
Significance0.06
Slope(0.14)
Total Sum of Squares20.55

Applied Quick Ratio History

2024 0.73
2023 0.76
2022 1.12
2021 3.36
2020 4.86
2019 3.27
2018 4.57

About Applied Therapeutics Financial Statements

Applied Therapeutics shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Applied Therapeutics investors may analyze each financial statement separately, they are all interrelated. The changes in Applied Therapeutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Applied Therapeutics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.76  0.73 

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Additional Tools for Applied Stock Analysis

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