CleanSpark Quick Ratio from 2010 to 2024

CLSK Stock  USD 14.95  0.15  0.99%   
CleanSpark Quick Ratio yearly trend continues to be quite stable with very little volatility. The value of Quick Ratio is projected to decrease to 1.17. 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
1.23
Current Value
1.17
Quarterly Volatility
282.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CleanSpark financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CleanSpark's main balance sheet or income statement drivers, such as Interest Expense of 1.7 M, Other Operating Expenses of 361.6 M or Total Operating Expenses of 248.6 M, as well as many indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 1.0E-4 or PTB Ratio of 0.55. CleanSpark financial statements analysis is a perfect complement when working with CleanSpark Valuation or Volatility modules.
  
Check out the analysis of CleanSpark Correlation against competitors.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.

Latest CleanSpark's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of CleanSpark 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. CleanSpark's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CleanSpark's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

CleanSpark Quick Ratio Regression Statistics

Arithmetic Mean106,750
Geometric Mean2.77
Coefficient Of Variation264.33
Mean Deviation185,030
Median1.37
Standard Deviation282,174
Sample Variance79.6B
Range843.5K
R-Value0.13
Mean Square Error84.2B
R-Squared0.02
Significance0.64
Slope8,425
Total Sum of Squares1.1T

CleanSpark Quick Ratio History

2024 1.17
2023 1.23
2022 1.37
2021 1.49
2020 5.47
2019757.7 K
2018843.5 K

About CleanSpark Financial Statements

CleanSpark investors utilize fundamental indicators, such as Quick Ratio, to predict how CleanSpark Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 1.23  1.17 

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When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out the analysis of CleanSpark Correlation against competitors.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 CleanSpark. If investors know CleanSpark 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 CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
1.788
Quarterly Revenue Growth
1.287
Return On Assets
0.022
Return On Equity
(0.15)
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark'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 CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark'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 CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark'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.