BTC Quick Ratio from 2010 to 2024

BTCTW Stock   0.07  0.01  16.62%   
BTC Digital Quick Ratio yearly trend continues to be fairly 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
1.75338169
Current Value
1.84
Quarterly Volatility
0.55838123
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BTC Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BTC Digital's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 950 or Interest Expense of 59.9 K, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0 or PTB Ratio of 0.39. BTC financial statements analysis is a perfect complement when working with BTC Digital Valuation or Volatility modules.
  
Check out the analysis of BTC Digital Correlation against competitors.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Latest BTC Digital's Quick Ratio Growth Pattern

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

BTC Quick Ratio Regression Statistics

Arithmetic Mean0.51
Geometric Mean0.35
Coefficient Of Variation110.02
Mean Deviation0.41
Median0.26
Standard Deviation0.56
Sample Variance0.31
Range1.7193
R-Value0.67
Mean Square Error0.19
R-Squared0.45
Significance0.01
Slope0.08
Total Sum of Squares4.37

BTC Quick Ratio History

2024 1.84
2023 1.75
2022 0.98
2021 0.38
2020 0.12
2019 0.16

About BTC Digital Financial Statements

BTC Digital investors use historical fundamental indicators, such as BTC Digital'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 BTC Digital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.75  1.84 

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Additional Tools for BTC Stock Analysis

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