Golden Quick Ratio from 2010 to 2024

GODNU Stock   11.49  0.23  1.96%   
Golden Star Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.08 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
0.08630975
Current Value
0.082
Quarterly Volatility
0.39040436
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Star's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Other Operating Expenses of 900.6 K or EBITDA of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.27. Golden financial statements analysis is a perfect complement when working with Golden Star Valuation or Volatility modules.
  
Check out the analysis of Golden Star Correlation against competitors.

Latest Golden Star's Quick Ratio Growth Pattern

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

Golden Quick Ratio Regression Statistics

Arithmetic Mean0.85
Geometric Mean0.65
Coefficient Of Variation45.69
Mean Deviation0.30
Median1.04
Standard Deviation0.39
Sample Variance0.15
Range0.961
R-Value(0.70)
Mean Square Error0.08
R-Squared0.48
Significance0
Slope(0.06)
Total Sum of Squares2.13

Golden Quick Ratio History

2024 0.082
2023 0.0863
2022 0.13

About Golden Star Financial Statements

Golden Star shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Golden Star investors may analyze each financial statement separately, they are all interrelated. The changes in Golden Star's assets and liabilities, for example, are also reflected in the revenues and expenses on on Golden Star'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 0.09  0.08 

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Additional Tools for Golden Stock Analysis

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