ASE Quick Ratio from 2010 to 2024

ASX Stock  USD 9.91  0.02  0.20%   
ASE Industrial Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average 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
0.89082178
Current Value
1.2
Quarterly Volatility
0.11119516
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ASE Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASE Industrial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.3 B, Interest Expense of 6.7 B or Selling General Administrative of 10.4 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0331 or PTB Ratio of 2.12. ASE financial statements analysis is a perfect complement when working with ASE Industrial Valuation or Volatility modules.
  
Check out the analysis of ASE Industrial Correlation against competitors.

Latest ASE Industrial's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of ASE Industrial Holding 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. ASE Industrial's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASE Industrial'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  

ASE Quick Ratio Regression Statistics

Arithmetic Mean0.98
Geometric Mean0.98
Coefficient Of Variation11.29
Mean Deviation0.09
Median0.96
Standard Deviation0.11
Sample Variance0.01
Range0.4212
R-Value0.17
Mean Square Error0.01
R-Squared0.03
Significance0.55
Slope0
Total Sum of Squares0.17

ASE Quick Ratio History

2024 1.2
2020 0.94
2019 1.03
2018 0.99
2017 1.05
2016 0.93
2015 0.89

About ASE Industrial Financial Statements

ASE Industrial investors use historical fundamental indicators, such as ASE Industrial'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 ASE Industrial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.89  1.20 

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 ASE Stock Analysis

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