CCC Quick Ratio from 2010 to 2024

CCCS Stock  USD 12.47  0.13  1.05%   
CCC Intelligent Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 1.92 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
2.2889665
Current Value
1.92
Quarterly Volatility
0.27645292
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CCC Intelligent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CCC Intelligent's main balance sheet or income statement drivers, such as Interest Expense of 60.1 M, Net Income Applicable To Common Shares of 46.4 M or Income Tax Expense of 5.8 M, as well as many indicators such as Price To Sales Ratio of 10.58, Dividend Yield of 0.0348 or PTB Ratio of 4.33. CCC financial statements analysis is a perfect complement when working with CCC Intelligent Valuation or Volatility modules.
  
Check out the analysis of CCC Intelligent Correlation against competitors.

Latest CCC Intelligent's Quick Ratio Growth Pattern

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

CCC Quick Ratio Regression Statistics

Arithmetic Mean2.11
Geometric Mean2.10
Coefficient Of Variation13.08
Mean Deviation0.17
Median2.02
Standard Deviation0.28
Sample Variance0.08
Range1.1316
R-Value0.41
Mean Square Error0.07
R-Squared0.17
Significance0.13
Slope0.03
Total Sum of Squares1.07

CCC Quick Ratio History

2024 1.92
2023 2.29
2022 3.05
2021 2.25

About CCC Intelligent Financial Statements

CCC Intelligent shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although CCC Intelligent investors may analyze each financial statement separately, they are all interrelated. The changes in CCC Intelligent's assets and liabilities, for example, are also reflected in the revenues and expenses on on CCC Intelligent'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 2.29  1.92 

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Additional Tools for CCC Stock Analysis

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