Eagle Quick Ratio from 2010 to 2024

EICA Stock  USD 23.81  0.04  0.17%   
Eagle Point's Quick Ratio is increasing over the years with stable fluctuation. Quick Ratio is expected to dwindle to 0.51. 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
0.54180679
Current Value
0.51
Quarterly Volatility
1.87043558
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eagle Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eagle Point's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.3 M, Interest Expense of 1.8 M or Selling General Administrative of 6.2 M, as well as many indicators such as Price To Sales Ratio of 5.43, Dividend Yield of 0.12 or PTB Ratio of 0.49. Eagle financial statements analysis is a perfect complement when working with Eagle Point Valuation or Volatility modules.
  
Check out the analysis of Eagle Point Correlation against competitors.

Latest Eagle Point's Quick Ratio Growth Pattern

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

Eagle Quick Ratio Regression Statistics

Arithmetic Mean1.56
Geometric Mean1.13
Coefficient Of Variation119.71
Mean Deviation1.03
Median1.18
Standard Deviation1.87
Sample Variance3.50
Range7.5481
R-Value0.16
Mean Square Error3.67
R-Squared0.03
Significance0.57
Slope0.07
Total Sum of Squares48.98

Eagle Quick Ratio History

2024 0.51
2023 0.54
2022 0.5
2021 8.01
2020 2.81
2019 0.46

About Eagle Point Financial Statements

Eagle Point stakeholders use historical fundamental indicators, such as Eagle Point's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Eagle Point investors may analyze each financial statement separately, they are all interrelated. For example, changes in Eagle Point's assets and liabilities are reflected in the revenues and expenses on Eagle Point's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Eagle Point Income. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.54  0.51 

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.
When determining whether Eagle Point Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Point's 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 Eagle Point Income Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Point Income Stock:
Check out the analysis of Eagle Point Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Diversified Metals & Mining 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 Eagle Point. If investors know Eagle 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 Eagle Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.601
Earnings Share
0.802
Revenue Per Share
2.259
Quarterly Revenue Growth
0.896
Return On Assets
0.0668
The market value of Eagle Point Income is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point's 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 Eagle Point's market value can be influenced by many factors that don't directly affect Eagle Point's 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 Eagle Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point's 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.