Corvus Quick Ratio from 2010 to 2024

CRVS Stock  USD 8.93  0.02  0.22%   
Corvus Pharmaceuticals Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 3.87 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
4.06987917
Current Value
3.87
Quarterly Volatility
7.63974663
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corvus Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corvus Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 143.4 K, Interest Expense of 864.5 K or Selling General Administrative of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.29. Corvus financial statements analysis is a perfect complement when working with Corvus Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Corvus Pharmaceuticals Correlation against competitors.
For more information on how to buy Corvus Stock please use our How to Invest in Corvus Pharmaceuticals guide.

Latest Corvus Pharmaceuticals' Quick Ratio Growth Pattern

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

Corvus Quick Ratio Regression Statistics

Arithmetic Mean8.23
Geometric Mean6.37
Coefficient Of Variation92.85
Mean Deviation5.37
Median4.69
Standard Deviation7.64
Sample Variance58.37
Range27.581
R-Value(0.14)
Mean Square Error61.58
R-Squared0.02
Significance0.61
Slope(0.24)
Total Sum of Squares817.12

Corvus Quick Ratio History

2024 3.87
2023 4.07
2022 3.55
2021 5.7
2020 3.34
2019 6.29
2018 14.59

About Corvus Pharmaceuticals Financial Statements

Corvus Pharmaceuticals shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Corvus Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. The changes in Corvus Pharmaceuticals' assets and liabilities, for example, are also reflected in the revenues and expenses on on Corvus Pharmaceuticals' 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 4.07  3.87 

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Additional Tools for Corvus Stock Analysis

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