Beam Current Ratio from 2010 to 2024

BEEM Stock  USD 4.16  0.08  1.96%   
Beam Global Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to drop to 1.89. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.41329857
Current Value
1.89
Quarterly Volatility
4.41917911
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Beam Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Beam Global's main balance sheet or income statement drivers, such as Interest Expense of 11.4 K, Selling General Administrative of 15.1 M or Other Operating Expenses of 87.8 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0 or PTB Ratio of 1.68. Beam financial statements analysis is a perfect complement when working with Beam Global Valuation or Volatility modules.
  
Check out the analysis of Beam Global Correlation against competitors.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.

Latest Beam Global's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Beam Global over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Beam Global's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Beam Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.47 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Beam Current Ratio Regression Statistics

Arithmetic Mean2.79
Geometric Mean1.17
Coefficient Of Variation158.63
Mean Deviation2.90
Median0.78
Standard Deviation4.42
Sample Variance19.53
Range16.057
R-Value0.39
Mean Square Error17.83
R-Squared0.15
Significance0.15
Slope0.39
Total Sum of Squares273.41

Beam Current Ratio History

2024 1.89
2023 2.41
2022 1.51
2021 9.33
2020 16.25
2019 4.52
2018 0.51

About Beam Global Financial Statements

Beam Global investors utilize fundamental indicators, such as Current Ratio, to predict how Beam Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 2.41  1.89 

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When determining whether Beam Global is a strong investment it is important to analyze Beam Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Beam Global's future performance. For an informed investment choice regarding Beam Stock, refer to the following important reports:
Check out the analysis of Beam Global Correlation against competitors.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Electrical Components & Equipment 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 Beam Global. If investors know Beam 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 Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.97)
Revenue Per Share
4.612
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.14)
Return On Equity
(0.34)
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global's 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 Beam Global's market value can be influenced by many factors that don't directly affect Beam Global's 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 Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global's 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.