AquaBounty Current Ratio from 2010 to 2024

AQB Stock  USD 0.95  0.02  2.42%   
AquaBounty Technologies' Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 0.76. 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
0.79860441
Current Value
0.76
Quarterly Volatility
13.48555833
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AquaBounty Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AquaBounty Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 171.7 K or Total Revenue of 2.6 M, as well as many indicators such as Price To Sales Ratio of 4.21, Dividend Yield of 0.0 or PTB Ratio of 0.0697. AquaBounty financial statements analysis is a perfect complement when working with AquaBounty Technologies Valuation or Volatility modules.
  
Check out the analysis of AquaBounty Technologies Correlation against competitors.
For information on how to trade AquaBounty Stock refer to our How to Trade AquaBounty Stock guide.

Latest AquaBounty Technologies' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of AquaBounty Technologies 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. AquaBounty Technologies' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AquaBounty Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 18.39 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

AquaBounty Current Ratio Regression Statistics

Arithmetic Mean7.75
Geometric Mean2.71
Coefficient Of Variation174.00
Mean Deviation8.57
Median3.11
Standard Deviation13.49
Sample Variance181.86
Range46.7152
R-Value0.30
Mean Square Error177.88
R-Squared0.09
Significance0.27
Slope0.91
Total Sum of Squares2,546

AquaBounty Current Ratio History

2024 0.76
2023 0.8
2022 6.87
2021 32.79
2020 46.91
2019 2.65
2018 3.83

About AquaBounty Technologies Financial Statements

AquaBounty Technologies stakeholders use historical fundamental indicators, such as AquaBounty Technologies' Current Ratio, to determine how well the company is positioned to perform in the future. Although AquaBounty Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in AquaBounty Technologies' assets and liabilities are reflected in the revenues and expenses on AquaBounty Technologies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in AquaBounty Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.80  0.76 

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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.
When determining whether AquaBounty Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AquaBounty Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aquabounty Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aquabounty Technologies Stock:
Check out the analysis of AquaBounty Technologies Correlation against competitors.
For information on how to trade AquaBounty Stock refer to our How to Trade AquaBounty Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Biotechnology 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 AquaBounty Technologies. If investors know AquaBounty 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 AquaBounty Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(19.06)
Revenue Per Share
0.326
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.09)
Return On Equity
(0.54)
The market value of AquaBounty Technologies is measured differently than its book value, which is the value of AquaBounty that is recorded on the company's balance sheet. Investors also form their own opinion of AquaBounty Technologies' value that differs from its market value or its book value, called intrinsic value, which is AquaBounty Technologies' 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 AquaBounty Technologies' market value can be influenced by many factors that don't directly affect AquaBounty Technologies' 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 AquaBounty Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if AquaBounty Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AquaBounty Technologies' 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.