AXIS Quick Ratio from 2010 to 2024

AXS Stock  USD 93.85  2.89  3.18%   
AXIS Capital Quick Ratio yearly trend continues to be comparatively 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
18.81
Current Value
19.75
Quarterly Volatility
10.8413891
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AXIS Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AXIS Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 79.3 M, Interest Expense of 53.2 M or Selling General Administrative of 718.7 M, as well as many indicators such as Price To Sales Ratio of 1.64, Dividend Yield of 0.0265 or PTB Ratio of 1.09. AXIS financial statements analysis is a perfect complement when working with AXIS Capital Valuation or Volatility modules.
  
Check out the analysis of AXIS Capital Correlation against competitors.

Latest AXIS Capital's Quick Ratio Growth Pattern

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

AXIS Quick Ratio Regression Statistics

Arithmetic Mean9.56
Geometric Mean2.93
Coefficient Of Variation113.36
Mean Deviation10.09
Median1.28
Standard Deviation10.84
Sample Variance117.54
Range27.681
R-Value0.80
Mean Square Error44.90
R-Squared0.65
Significance0.0003
Slope1.95
Total Sum of Squares1,646

AXIS Quick Ratio History

2024 19.75
2023 18.81
2022 20.9
2021 23.58
2020 27.7
2019 22.34
2018 1.0

About AXIS Capital Financial Statements

AXIS Capital shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although AXIS Capital investors may analyze each financial statement separately, they are all interrelated. The changes in AXIS Capital's assets and liabilities, for example, are also reflected in the revenues and expenses on on AXIS Capital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 18.81  19.75 

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Additional Tools for AXIS Stock Analysis

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