Global Current Ratio from 2010 to 2024

GBBKW Stock  USD 0.05  0.02  47.06%   
Global Blockchain Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.21 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
0.2165939
Current Value
0.21
Quarterly Volatility
0.3506886
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Blockchain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Blockchain's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Other Operating Expenses of 742.3 K or EBIT of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 7.87. Global financial statements analysis is a perfect complement when working with Global Blockchain Valuation or Volatility modules.
  
Check out the analysis of Global Blockchain Correlation against competitors.

Latest Global Blockchain's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Global Blockchain 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. Global Blockchain's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Blockchain's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.84 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Global Current Ratio Regression Statistics

Arithmetic Mean0.82
Geometric Mean0.74
Coefficient Of Variation42.69
Mean Deviation0.16
Median0.84
Standard Deviation0.35
Sample Variance0.12
Range1.6002
R-Value(0.15)
Mean Square Error0.13
R-Squared0.02
Significance0.59
Slope(0.01)
Total Sum of Squares1.72

Global Current Ratio History

2024 0.21
2023 0.22
2022 1.81

About Global Blockchain Financial Statements

Global Blockchain investors use historical fundamental indicators, such as Global Blockchain's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Global Blockchain. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.22  0.21 

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Additional Tools for Global Stock Analysis

When running Global Blockchain's price analysis, check to measure Global Blockchain'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 Global Blockchain is operating at the current time. Most of Global Blockchain's value examination focuses on studying past and present price action to predict the probability of Global Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Blockchain's price. Additionally, you may evaluate how the addition of Global Blockchain to your portfolios can decrease your overall portfolio volatility.