Farmmi Quick Ratio from 2010 to 2024

FAMI Stock  USD 0.28  0.01  3.45%   
Farmmi's Quick Ratio is increasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 8.38. 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
12.96
Current Value
8.38
Quarterly Volatility
9.80927079
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Farmmi financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Farmmi's main balance sheet or income statement drivers, such as Tax Provision of 296.3 K, Interest Income of 898.2 K or Depreciation And Amortization of 349.6 K, as well as many indicators such as Price To Sales Ratio of 0.0575, Dividend Yield of 0.0 or PTB Ratio of 0.0392. Farmmi financial statements analysis is a perfect complement when working with Farmmi Valuation or Volatility modules.
  
Check out the analysis of Farmmi Correlation against competitors.

Latest Farmmi's Quick Ratio Growth Pattern

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

Farmmi Quick Ratio Regression Statistics

Arithmetic Mean7.98
Geometric Mean4.08
Coefficient Of Variation122.89
Mean Deviation6.96
Median4.35
Standard Deviation9.81
Sample Variance96.22
Range36.111
R-Value0.60
Mean Square Error65.71
R-Squared0.37
Significance0.02
Slope1.33
Total Sum of Squares1,347

Farmmi Quick Ratio History

2024 8.38
2023 12.96
2022 14.4
2021 18.4
2020 37.12
2019 4.35
2018 3.47

About Farmmi Financial Statements

Investors use fundamental indicators, such as Farmmi's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Farmmi's 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 12.96  8.38 

Currently Active Assets on Macroaxis

When determining whether Farmmi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmmi'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 Farmmi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmmi Inc Stock:
Check out the analysis of Farmmi Correlation against competitors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Packaged Foods & Meats 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 Farmmi. If investors know Farmmi 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 Farmmi 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
(0.85)
Earnings Share
2.12
Revenue Per Share
16.275
Quarterly Revenue Growth
(0.40)
Return On Assets
0.0083
The market value of Farmmi Inc is measured differently than its book value, which is the value of Farmmi that is recorded on the company's balance sheet. Investors also form their own opinion of Farmmi's value that differs from its market value or its book value, called intrinsic value, which is Farmmi'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 Farmmi's market value can be influenced by many factors that don't directly affect Farmmi'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 Farmmi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmmi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmmi'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.