EverCommerce Quick Ratio from 2010 to 2024

EVCM Stock  USD 11.87  0.22  1.89%   
EverCommerce Quick Ratio yearly trend continues to be very stable with very little volatility. Quick Ratio is likely to grow to 1.84 this year. 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
1.53478565
Current Value
1.84
Quarterly Volatility
0.12485174
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EverCommerce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EverCommerce's main balance sheet or income statement drivers, such as Depreciation And Amortization of 98.2 M, Interest Expense of 43.6 M or Selling General Administrative of 123.2 M, as well as many indicators such as Price To Sales Ratio of 2.93, Dividend Yield of 0.0 or PTB Ratio of 4.87. EverCommerce financial statements analysis is a perfect complement when working with EverCommerce Valuation or Volatility modules.
  
Check out the analysis of EverCommerce Correlation against competitors.
To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.

Latest EverCommerce's Quick Ratio Growth Pattern

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

EverCommerce Quick Ratio Regression Statistics

Arithmetic Mean1.81
Geometric Mean1.81
Coefficient Of Variation6.88
Mean Deviation0.10
Median1.89
Standard Deviation0.12
Sample Variance0.02
Range0.3533
R-Value(0.68)
Mean Square Error0.01
R-Squared0.46
Significance0.01
Slope(0.02)
Total Sum of Squares0.22

EverCommerce Quick Ratio History

2024 1.84
2023 1.53
2022 1.69
2021 1.62
2020 1.63

About EverCommerce Financial Statements

EverCommerce investors utilize fundamental indicators, such as Quick Ratio, to predict how EverCommerce Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 1.53  1.84 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether EverCommerce is a strong investment it is important to analyze EverCommerce'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 EverCommerce's future performance. For an informed investment choice regarding EverCommerce Stock, refer to the following important reports:
Check out the analysis of EverCommerce Correlation against competitors.
To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Application Software 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 EverCommerce. If investors know EverCommerce 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 EverCommerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
3.724
Quarterly Revenue Growth
0.009
Return On Assets
0.012
Return On Equity
(0.06)
The market value of EverCommerce is measured differently than its book value, which is the value of EverCommerce that is recorded on the company's balance sheet. Investors also form their own opinion of EverCommerce's value that differs from its market value or its book value, called intrinsic value, which is EverCommerce'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 EverCommerce's market value can be influenced by many factors that don't directly affect EverCommerce'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 EverCommerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if EverCommerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EverCommerce'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.