GigaCloud Quick Ratio from 2010 to 2024

GCT Stock  USD 25.50  1.38  5.72%   
GigaCloud Technology Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 1.23 in 2024. 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
1.26624355
Current Value
1.23
Quarterly Volatility
0.28077003
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GigaCloud Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GigaCloud Technology's main balance sheet or income statement drivers, such as Tax Provision of 9.1 M, Net Interest Income of 1.1 M or Interest Income of 2.4 M, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0 or PTB Ratio of 2.44. GigaCloud financial statements analysis is a perfect complement when working with GigaCloud Technology Valuation or Volatility modules.
  
Check out the analysis of GigaCloud Technology Correlation against competitors.

Latest GigaCloud Technology's Quick Ratio Growth Pattern

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

GigaCloud Quick Ratio Regression Statistics

Arithmetic Mean1.26
Geometric Mean1.24
Coefficient Of Variation22.28
Mean Deviation0.21
Median1.11
Standard Deviation0.28
Sample Variance0.08
Range0.8713
R-Value0.55
Mean Square Error0.06
R-Squared0.30
Significance0.04
Slope0.03
Total Sum of Squares1.10

GigaCloud Quick Ratio History

2024 1.23
2023 1.27
2022 1.75
2021 1.59
2020 1.98

About GigaCloud Technology Financial Statements

GigaCloud Technology shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although GigaCloud Technology investors may analyze each financial statement separately, they are all interrelated. The changes in GigaCloud Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on GigaCloud Technology'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
Quick Ratio 1.27  1.23 

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Additional Tools for GigaCloud Stock Analysis

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