BEST Current Ratio from 2010 to 2024

BEST Stock  USD 2.67  0.01  0.38%   
BEST Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. 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
0.6368654
Current Value
0.98
Quarterly Volatility
0.29511569
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BEST financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BEST's main balance sheet or income statement drivers, such as Depreciation And Amortization of 246.7 M, Interest Expense of 78.3 M or Selling General Administrative of 876.1 M, as well as many indicators such as Price To Sales Ratio of 0.0387, Dividend Yield of 0.0 or Days Sales Outstanding of 23.52. BEST financial statements analysis is a perfect complement when working with BEST Valuation or Volatility modules.
  
Check out the analysis of BEST Correlation against competitors.

Latest BEST's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of BEST Inc 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. BEST's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BEST's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.90 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

BEST Current Ratio Regression Statistics

Arithmetic Mean0.76
Geometric Mean0.71
Coefficient Of Variation38.77
Mean Deviation0.26
Median0.69
Standard Deviation0.30
Sample Variance0.09
Range0.7704
R-Value0.53
Mean Square Error0.07
R-Squared0.28
Significance0.04
Slope0.03
Total Sum of Squares1.22

BEST Current Ratio History

2024 0.98
2023 0.64
2022 0.69
2021 1.17
2020 0.74
2019 0.92
2018 0.97

About BEST Financial Statements

BEST shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although BEST investors may analyze each financial statement separately, they are all interrelated. The changes in BEST's assets and liabilities, for example, are also reflected in the revenues and expenses on on BEST'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
Current Ratio 0.64  0.98 

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Additional Tools for BEST Stock Analysis

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