Ethan Quick Ratio from 2010 to 2024

ETD Stock  USD 29.79  0.48  1.64%   
Ethan Allen's Quick Ratio is increasing over the years with very volatile fluctuation. Quick Ratio is expected to dwindle to 1.03. 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
1.24039012
Current Value
1.03
Quarterly Volatility
0.26733135
 
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Yuan Drop
 
Covid
Check Ethan Allen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ethan Allen's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.4 M, Total Revenue of 819.5 M or Gross Profit of 423.4 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0755 or PTB Ratio of 2.41. Ethan financial statements analysis is a perfect complement when working with Ethan Allen Valuation or Volatility modules.
  
Check out the analysis of Ethan Allen Correlation against competitors.

Latest Ethan Allen's Quick Ratio Growth Pattern

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

Ethan Quick Ratio Regression Statistics

Arithmetic Mean0.87
Geometric Mean0.82
Coefficient Of Variation30.85
Mean Deviation0.21
Median0.84
Standard Deviation0.27
Sample Variance0.07
Range0.8652
R-Value0.07
Mean Square Error0.08
R-Squared0
Significance0.80
Slope0
Total Sum of Squares1.00

Ethan Quick Ratio History

2024 1.03
2023 1.24
2022 1.29
2021 0.79
2020 0.68
2019 0.75
2018 0.44

About Ethan Allen Financial Statements

Ethan Allen stakeholders use historical fundamental indicators, such as Ethan Allen's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Ethan Allen investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ethan Allen's assets and liabilities are reflected in the revenues and expenses on Ethan Allen'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 Ethan Allen Interiors. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.24  1.03 

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 Ethan Allen Interiors is a strong investment it is important to analyze Ethan Allen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ethan Allen's future performance. For an informed investment choice regarding Ethan Stock, refer to the following important reports:
Check out the analysis of Ethan Allen Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Household Durables 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 Ethan Allen. If investors know Ethan 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 Ethan Allen 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
(0.02)
Dividend Share
1.5
Earnings Share
2.48
Revenue Per Share
24.932
Quarterly Revenue Growth
(0.06)
The market value of Ethan Allen Interiors is measured differently than its book value, which is the value of Ethan that is recorded on the company's balance sheet. Investors also form their own opinion of Ethan Allen's value that differs from its market value or its book value, called intrinsic value, which is Ethan Allen'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 Ethan Allen's market value can be influenced by many factors that don't directly affect Ethan Allen'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 Ethan Allen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ethan Allen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ethan Allen'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.