Datasea Quick Ratio from 2010 to 2024

DTSS Stock  USD 2.50  0.01  0.40%   
Datasea Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.66 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
0.69286708
Current Value
0.66
Quarterly Volatility
1.9890202
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Datasea financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Datasea's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 519.2 K or Interest Expense of 61 K, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0 or Days Sales Outstanding of 10.39. Datasea financial statements analysis is a perfect complement when working with Datasea Valuation or Volatility modules.
  
Check out the analysis of Datasea Correlation against competitors.
For more information on how to buy Datasea Stock please use our How to Invest in Datasea guide.

Latest Datasea's Quick Ratio Growth Pattern

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

Datasea Quick Ratio Regression Statistics

Arithmetic Mean1.40
Geometric Mean0.67
Coefficient Of Variation142.48
Mean Deviation1.48
Median0.35
Standard Deviation1.99
Sample Variance3.96
Range5.8627
R-Value0.13
Mean Square Error4.19
R-Squared0.02
Significance0.64
Slope0.06
Total Sum of Squares55.39

Datasea Quick Ratio History

2024 0.66
2023 0.69
2021 0.49
2020 0.21
2019 5.5
2018 3.67
2017 6.07

About Datasea Financial Statements

Datasea shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Datasea investors may analyze each financial statement separately, they are all interrelated. The changes in Datasea's assets and liabilities, for example, are also reflected in the revenues and expenses on on Datasea'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 0.69  0.66 

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Additional Tools for Datasea Stock Analysis

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