Euronav Quick Ratio from 2010 to 2024

CMBT Stock   11.02  0.03  0.27%   
Euronav NV Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 1.11 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
1.68914875
Current Value
1.11
Quarterly Volatility
0.59649882
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Euronav NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euronav NV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 202.3 M, Interest Expense of 71.2 M or Selling General Administrative of 39.6 M, as well as many indicators such as Price To Sales Ratio of 1.7, Dividend Yield of 0.19 or PTB Ratio of 1.18. Euronav financial statements analysis is a perfect complement when working with Euronav NV Valuation or Volatility modules.
  
Check out the analysis of Euronav NV Correlation against competitors.
For more information on how to buy Euronav Stock please use our How to Invest in Euronav NV guide.

Latest Euronav NV's Quick Ratio Growth Pattern

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

Euronav Quick Ratio Regression Statistics

Arithmetic Mean1.55
Geometric Mean1.34
Coefficient Of Variation38.56
Mean Deviation0.50
Median1.82
Standard Deviation0.60
Sample Variance0.36
Range2.0939
R-Value0.45
Mean Square Error0.30
R-Squared0.21
Significance0.09
Slope0.06
Total Sum of Squares4.98

Euronav Quick Ratio History

2024 1.11
2023 1.69
2022 2.22
2021 1.22
2020 1.85
2018 1.96
2017 1.92

About Euronav NV Financial Statements

Euronav NV shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Euronav NV investors may analyze each financial statement separately, they are all interrelated. The changes in Euronav NV's assets and liabilities, for example, are also reflected in the revenues and expenses on on Euronav NV'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 1.69  1.11 

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Additional Tools for Euronav Stock Analysis

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