Axos Quick Ratio from 2010 to 2024

AX Stock  USD 83.78  0.61  0.72%   
Axos Financial Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 7.04 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
7.41
Current Value
7.04
Quarterly Volatility
60.38175164
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Axos Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axos Financial's main balance sheet or income statement drivers, such as Interest Expense of 728.9 M, Total Revenue of 1.1 B or Gross Profit of 1.1 B, as well as many indicators such as Price To Sales Ratio of 1.89, Dividend Yield of 0.0 or PTB Ratio of 2.21. Axos financial statements analysis is a perfect complement when working with Axos Financial Valuation or Volatility modules.
  
Check out the analysis of Axos Financial Correlation against competitors.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.

Latest Axos Financial's Quick Ratio Growth Pattern

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

Axos Quick Ratio Regression Statistics

Arithmetic Mean47.87
Geometric Mean16.57
Coefficient Of Variation126.15
Mean Deviation54.41
Median8.24
Standard Deviation60.38
Sample Variance3,646
Range153
R-Value(0.33)
Mean Square Error3,500
R-Squared0.11
Significance0.23
Slope(4.45)
Total Sum of Squares51,043

Axos Quick Ratio History

2024 7.04
2023 7.41
2022 8.24
2021 5.51
2020 4.44
2019 6.5
2018 6.37

About Axos Financial Financial Statements

Axos Financial investors use historical fundamental indicators, such as Axos Financial'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 Axos Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 7.41  7.04 

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Additional Tools for Axos Stock Analysis

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