Broad Quick Ratio from 2010 to 2024

BRACR Stock  USD 0.12  0.01  9.62%   
Broad Capital Quick Ratio yearly trend continues to be relatively stable with very little volatility. Quick Ratio is likely to drop to 0.01. 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
0.00642419
Current Value
0.006103
Quarterly Volatility
0.07419159
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Broad Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Broad Capital's main balance sheet or income statement drivers, such as Interest Expense of 114.2 K, Selling General Administrative of 0.0 or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 70.47, Dividend Yield of 0.0 or PTB Ratio of 2.24. Broad financial statements analysis is a perfect complement when working with Broad Capital Valuation or Volatility modules.
  
Check out the analysis of Broad Capital Correlation against competitors.

Latest Broad Capital's Quick Ratio Growth Pattern

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

Broad Quick Ratio Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.01
Coefficient Of Variation279.31
Mean Deviation0.04
Median0.01
Standard Deviation0.07
Sample Variance0.01
Range0.2886
R-Value0.31
Mean Square Error0.01
R-Squared0.09
Significance0.27
Slope0.01
Total Sum of Squares0.08

Broad Quick Ratio History

2024 0.006103
2023 0.006424
2022 0.29

About Broad Capital Financial Statements

Broad Capital shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Broad Capital investors may analyze each financial statement separately, they are all interrelated. The changes in Broad Capital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Broad 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 0.01  0.01 

Additional Tools for Broad Stock Analysis

When running Broad Capital's price analysis, check to measure Broad 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 Broad Capital is operating at the current time. Most of Broad Capital's value examination focuses on studying past and present price action to predict the probability of Broad 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 Broad Capital's price. Additionally, you may evaluate how the addition of Broad Capital to your portfolios can decrease your overall portfolio volatility.