Aerovate Quick Ratio from 2010 to 2025
| AVTE Stock | USD 2.58 0.15 6.17% |
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 6.34 | Current Value 6.02 | Quarterly Volatility 15.83809203 |
Check Aerovate Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aerovate Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 6.2 M, Depreciation And Amortization of 115.9 K or Interest Expense of 2.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.14. Aerovate financial statements analysis is a perfect complement when working with Aerovate Therapeutics Valuation or Volatility modules.
Aerovate | Quick Ratio |
Latest Aerovate Therapeutics' Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of Aerovate 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. Aerovate Therapeutics' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aerovate Therapeutics' overall financial position and show how it may be relating to other accounts over time.
| Quick Ratio | 10 Years Trend |
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Quick Ratio |
| Timeline |
Aerovate Quick Ratio Regression Statistics
| Arithmetic Mean | 10.05 | |
| Geometric Mean | 6.68 | |
| Coefficient Of Variation | 157.60 | |
| Mean Deviation | 8.15 | |
| Median | 5.35 | |
| Standard Deviation | 15.84 | |
| Sample Variance | 250.85 | |
| Range | 65.73 | |
| R-Value | 0.25 | |
| Mean Square Error | 251.51 | |
| R-Squared | 0.06 | |
| Significance | 0.34 | |
| Slope | 0.84 | |
| Total Sum of Squares | 3,763 |
Aerovate Quick Ratio History
About Aerovate Therapeutics Financial Statements
Aerovate Therapeutics stakeholders use historical fundamental indicators, such as Aerovate Therapeutics' Quick Ratio, to determine how well the company is positioned to perform in the future. Although Aerovate Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Aerovate Therapeutics' assets and liabilities are reflected in the revenues and expenses on Aerovate Therapeutics' 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 Aerovate Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Quick Ratio | 6.34 | 6.02 |
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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 Aerovate Therapeutics. If investors know Aerovate 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 Aerovate Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Aerovate Therapeutics is measured differently than its book value, which is the value of Aerovate that is recorded on the company's balance sheet. Investors also form their own opinion of Aerovate Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Aerovate Therapeutics' 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 Aerovate Therapeutics' market value can be influenced by many factors that don't directly affect Aerovate Therapeutics' 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 Aerovate Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aerovate Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aerovate Therapeutics' 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.