Gabelli Quick Ratio from 2010 to 2024

GRX Stock  USD 10.24  0.02  0.19%   
Gabelli Healthcare Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average 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
2.18
Current Value
2.59
Quarterly Volatility
3.47735953
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gabelli Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gabelli Healthcare's main balance sheet or income statement drivers, such as Interest Expense of 2.9 M, Selling General Administrative of 734 K or Total Revenue of 1.2 M, as well as many indicators such as Price To Sales Ratio of 126, Dividend Yield of 0.0562 or PTB Ratio of 0.61. Gabelli financial statements analysis is a perfect complement when working with Gabelli Healthcare Valuation or Volatility modules.
  
Check out the analysis of Gabelli Healthcare Correlation against competitors.

Latest Gabelli Healthcare's Quick Ratio Growth Pattern

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

Gabelli Quick Ratio Regression Statistics

Arithmetic Mean5.07
Geometric Mean3.14
Coefficient Of Variation68.57
Mean Deviation3.31
Median8.17
Standard Deviation3.48
Sample Variance12.09
Range8.0934
R-Value(0.83)
Mean Square Error4.09
R-Squared0.69
Significance0.0001
Slope(0.64)
Total Sum of Squares169.29

Gabelli Quick Ratio History

2024 2.59
2023 2.18
2022 1.89
2021 0.0764
2020 1.4
2019 0.66
2018 1.9

About Gabelli Healthcare Financial Statements

Gabelli Healthcare investors use historical fundamental indicators, such as Gabelli Healthcare's Quick 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 Gabelli Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 2.18  2.59 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Gabelli Stock Analysis

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