Codere Quick Ratio from 2010 to 2024

CDROW Stock  USD 0.82  0.10  10.87%   
Codere Online Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.13 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
1.44
Current Value
1.13
Quarterly Volatility
0.68451133
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Codere Online financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Codere Online's main balance sheet or income statement drivers, such as Tax Provision of 3.6 M, Net Interest Income of 15 M or Interest Income of 30.3 M, as well as many indicators such as Price To Sales Ratio of 1.03, Dividend Yield of 0.0 or PTB Ratio of 4.21. Codere financial statements analysis is a perfect complement when working with Codere Online Valuation or Volatility modules.
  
Check out the analysis of Codere Online Correlation against competitors.

Latest Codere Online's Quick Ratio Growth Pattern

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

Codere Quick Ratio Regression Statistics

Arithmetic Mean1.06
Geometric Mean0.94
Coefficient Of Variation64.54
Mean Deviation0.43
Median0.79
Standard Deviation0.68
Sample Variance0.47
Range2.8442
R-Value0.46
Mean Square Error0.40
R-Squared0.21
Significance0.09
Slope0.07
Total Sum of Squares6.56

Codere Quick Ratio History

2024 1.13
2023 1.44
2022 1.6
2021 3.31
2020 0.47
2019 0.86

About Codere Online Financial Statements

Codere Online investors use historical fundamental indicators, such as Codere Online'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 Codere Online. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.44  1.13 

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Additional Tools for Codere Stock Analysis

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