1847 Quick Ratio from 2010 to 2024

EFSH Stock  USD 0.40  0.01  2.56%   
1847 Holdings' Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 0.28. 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
0.34525118
Current Value
0.28
Quarterly Volatility
0.22556465
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check 1847 Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 1847 Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Selling General Administrative of 27.9 M or Total Revenue of 72.1 M, as well as many indicators such as Price To Sales Ratio of 2.8 K, Dividend Yield of 0.0 or Days Sales Outstanding of 77.91. 1847 financial statements analysis is a perfect complement when working with 1847 Holdings Valuation or Volatility modules.
  
Check out the analysis of 1847 Holdings Correlation against competitors.

Latest 1847 Holdings' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of 1847 Holdings LLC 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. 1847 Holdings' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 1847 Holdings' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

1847 Quick Ratio Regression Statistics

Arithmetic Mean0.42
Geometric Mean0.26
Coefficient Of Variation53.44
Mean Deviation0.18
Median0.44
Standard Deviation0.23
Sample Variance0.05
Range0.7225
R-Value(0.46)
Mean Square Error0.04
R-Squared0.21
Significance0.09
Slope(0.02)
Total Sum of Squares0.71

1847 Quick Ratio History

2024 0.28
2023 0.35
2022 0.5
2021 0.46
2020 0.44
2018 0.47
2017 0.26

About 1847 Holdings Financial Statements

Investors use fundamental indicators, such as 1847 Holdings' Quick Ratio, to determine how well the company is positioned to perform in the future. Although 1847 Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 0.35  0.28 

Currently Active Assets on Macroaxis

When determining whether 1847 Holdings LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 1847 Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 1847 Holdings Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 1847 Holdings Llc Stock:
Check out the analysis of 1847 Holdings Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Industrial Machinery & Supplies & Components 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 1847 Holdings. If investors know 1847 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 1847 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
-23.5 K
Revenue Per Share
351.204
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.13)
Return On Equity
(2.59)
The market value of 1847 Holdings LLC is measured differently than its book value, which is the value of 1847 that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Holdings' value that differs from its market value or its book value, called intrinsic value, which is 1847 Holdings' 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 1847 Holdings' market value can be influenced by many factors that don't directly affect 1847 Holdings' 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 1847 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if 1847 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Holdings' 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.