Durect Current Ratio from 2010 to 2024

DRRX Stock  USD 0.97  0.04  3.96%   
Durect Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.22 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.28358817
Current Value
1.22
Quarterly Volatility
2.83680397
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Durect financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Durect's main balance sheet or income statement drivers, such as Depreciation And Amortization of 140.6 K, Interest Expense of 1.9 M or Total Revenue of 8.1 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0 or PTB Ratio of 1.0. Durect financial statements analysis is a perfect complement when working with Durect Valuation or Volatility modules.
  
Check out the analysis of Durect Correlation against competitors.
For more information on how to buy Durect Stock please use our How to Invest in Durect guide.

Latest Durect's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Durect over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Durect's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Durect's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.44 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Durect Current Ratio Regression Statistics

Arithmetic Mean4.30
Geometric Mean3.47
Coefficient Of Variation65.91
Mean Deviation2.23
Median3.94
Standard Deviation2.84
Sample Variance8.05
Range10.1703
R-Value(0.42)
Mean Square Error7.14
R-Squared0.18
Significance0.12
Slope(0.27)
Total Sum of Squares112.66

Durect Current Ratio History

2024 1.22
2023 1.28
2022 2.84
2021 8.13
2020 5.89
2019 1.95
2018 5.45

About Durect Financial Statements

Durect investors use historical fundamental indicators, such as Durect's Current 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 Durect. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.28  1.22 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Durect Stock Analysis

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