AvePoint Quick Ratio from 2010 to 2024

AVPTW Stock  USD 6.54  0.15  2.24%   
AvePoint Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.75 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
1.84294569
Current Value
1.75
Quarterly Volatility
31.47412693
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AvePoint financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvePoint's main balance sheet or income statement drivers, such as Tax Provision of 13.7 M, Net Interest Income of 790.6 K or Interest Income of 47.5 K, as well as many indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.0 or PTB Ratio of 3.9. AvePoint financial statements analysis is a perfect complement when working with AvePoint Valuation or Volatility modules.
  
Check out the analysis of AvePoint Correlation against competitors.
For more information on how to buy AvePoint Stock please use our How to Invest in AvePoint guide.

Latest AvePoint's Quick Ratio Growth Pattern

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

AvePoint Quick Ratio Regression Statistics

Arithmetic Mean45.00
Geometric Mean20.43
Coefficient Of Variation69.94
Mean Deviation28.67
Median66.50
Standard Deviation31.47
Sample Variance990.62
Range65.19
R-Value(0.82)
Mean Square Error352.31
R-Squared0.67
Significance0.0002
Slope(5.76)
Total Sum of Squares13,869

AvePoint Quick Ratio History

2024 1.75
2023 1.84
2022 2.15
2021 2.95
2020 1.31

About AvePoint Financial Statements

AvePoint investors use historical fundamental indicators, such as AvePoint'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 AvePoint. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.84  1.75 

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Additional Tools for AvePoint Stock Analysis

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