Ballys Quick Ratio from 2010 to 2024

BALY Stock  USD 17.74  0.03  0.17%   
Ballys Corp Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.61 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
0.63755001
Current Value
0.61
Quarterly Volatility
0.53148026
 
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Yuan Drop
 
Covid
Check Ballys Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ballys Corp's main balance sheet or income statement drivers, such as Tax Provision of 129.3 M, Interest Income of 1 M or Depreciation And Amortization of 367.9 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0028 or PTB Ratio of 1.11. Ballys financial statements analysis is a perfect complement when working with Ballys Corp Valuation or Volatility modules.
  
Check out the analysis of Ballys Corp Correlation against competitors.
For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.

Latest Ballys Corp's Quick Ratio Growth Pattern

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

Ballys Quick Ratio Regression Statistics

Arithmetic Mean1.38
Geometric Mean1.28
Coefficient Of Variation38.53
Mean Deviation0.39
Median1.51
Standard Deviation0.53
Sample Variance0.28
Range2.0311
R-Value(0.43)
Mean Square Error0.25
R-Squared0.18
Significance0.11
Slope(0.05)
Total Sum of Squares3.95

Ballys Quick Ratio History

2024 0.61
2023 0.64
2022 0.67
2021 0.97
2020 1.95
2019 2.64
2018 1.54

About Ballys Corp Financial Statements

Ballys Corp investors use historical fundamental indicators, such as Ballys Corp'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 Ballys Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.64  0.61 

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Additional Tools for Ballys Stock Analysis

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