Futuretech Current Ratio from 2010 to 2024

FTIIU Stock  USD 11.05  0.00  0.00%   
Futuretech Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.27 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.44224489
Current Value
0.27
Quarterly Volatility
0.1621936
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Futuretech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Futuretech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 634 K, Interest Expense of 805.8 K or Selling General Administrative of 905.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.31. Futuretech financial statements analysis is a perfect complement when working with Futuretech Valuation or Volatility modules.
  
Check out the analysis of Futuretech Correlation against competitors.

Latest Futuretech's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Futuretech II Acquisition over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Futuretech's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Futuretech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.04 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Futuretech Current Ratio Regression Statistics

Arithmetic Mean0.12
Geometric Mean0.07
Coefficient Of Variation137.95
Mean Deviation0.12
Median0.04
Standard Deviation0.16
Sample Variance0.03
Range0.4906
R-Value0.63
Mean Square Error0.02
R-Squared0.40
Significance0.01
Slope0.02
Total Sum of Squares0.37

Futuretech Current Ratio History

2024 0.27
2023 0.44
2022 0.53

About Futuretech Financial Statements

Futuretech shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Futuretech investors may analyze each financial statement separately, they are all interrelated. The changes in Futuretech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Futuretech's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 0.44  0.27 

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Additional Tools for Futuretech Stock Analysis

When running Futuretech's price analysis, check to measure Futuretech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Futuretech is operating at the current time. Most of Futuretech's value examination focuses on studying past and present price action to predict the probability of Futuretech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futuretech's price. Additionally, you may evaluate how the addition of Futuretech to your portfolios can decrease your overall portfolio volatility.