Consensus Quick Ratio from 2010 to 2024

CCSI Stock  USD 25.51  1.02  4.16%   
Consensus Cloud's Quick Ratio is increasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 1.09. 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
1.75456685
Current Value
1.09
Quarterly Volatility
0.34211962
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Consensus Cloud financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Consensus Cloud's main balance sheet or income statement drivers, such as Tax Provision of 27.2 M, Depreciation And Amortization of 26.9 M or Interest Expense of 49 M, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.31 or Days Sales Outstanding of 28.59. Consensus financial statements analysis is a perfect complement when working with Consensus Cloud Valuation or Volatility modules.
  
Check out the analysis of Consensus Cloud Correlation against competitors.

Latest Consensus Cloud's Quick Ratio Growth Pattern

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

Consensus Quick Ratio Regression Statistics

Arithmetic Mean1.05
Geometric Mean1.01
Coefficient Of Variation32.69
Mean Deviation0.25
Median0.87
Standard Deviation0.34
Sample Variance0.12
Range1.0527
R-Value0.65
Mean Square Error0.07
R-Squared0.43
Significance0.01
Slope0.05
Total Sum of Squares1.64

Consensus Quick Ratio History

2024 1.09
2023 1.75
2022 1.92
2021 1.27
2020 0.97

About Consensus Cloud Financial Statements

Investors use fundamental indicators, such as Consensus Cloud's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Consensus Cloud's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 1.75  1.09 

Currently Active Assets on Macroaxis

When determining whether Consensus Cloud Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Consensus Cloud's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Consensus Cloud Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Consensus Cloud Solutions Stock:
Check out the analysis of Consensus Cloud Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Application Software 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 Consensus Cloud. If investors know Consensus 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 Consensus Cloud listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Earnings Share
4.56
Revenue Per Share
18.248
Quarterly Revenue Growth
(0.03)
Return On Assets
0.1424
The market value of Consensus Cloud Solutions is measured differently than its book value, which is the value of Consensus that is recorded on the company's balance sheet. Investors also form their own opinion of Consensus Cloud's value that differs from its market value or its book value, called intrinsic value, which is Consensus Cloud'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 Consensus Cloud's market value can be influenced by many factors that don't directly affect Consensus Cloud'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 Consensus Cloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consensus Cloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consensus Cloud'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.