Graphjet Quick Ratio from 2010 to 2024

GTI Stock   2.51  0.18  6.69%   
Graphjet Technology's Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 0.01. 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
0.0113
Current Value
0.0108
Quarterly Volatility
0.07938329
 
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Yuan Drop
 
Covid
Check Graphjet Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Graphjet Technology's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 521.3 K or Interest Expense of 15.7 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 7.1. Graphjet financial statements analysis is a perfect complement when working with Graphjet Technology Valuation or Volatility modules.
  
Check out the analysis of Graphjet Technology Correlation against competitors.
For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.

Latest Graphjet Technology's Quick Ratio Growth Pattern

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

Graphjet Quick Ratio Regression Statistics

Arithmetic Mean0.13
Geometric Mean0.09
Coefficient Of Variation58.95
Mean Deviation0.05
Median0.15
Standard Deviation0.08
Sample Variance0.01
Range0.3232
R-Value(0.36)
Mean Square Error0.01
R-Squared0.13
Significance0.19
Slope(0.01)
Total Sum of Squares0.09

Graphjet Quick Ratio History

2024 0.0108
2023 0.0113
2022 0.009849
2021 0.33

About Graphjet Technology Financial Statements

Investors use fundamental indicators, such as Graphjet Technology's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Graphjet Technology's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 0.01  0.01 

Currently Active Assets on Macroaxis

When determining whether Graphjet Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Graphjet Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graphjet Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Graphjet Technology Stock:
Check out the analysis of Graphjet Technology Correlation against competitors.
For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Graphjet Technology. If investors know Graphjet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Graphjet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Return On Assets
(1.38)
The market value of Graphjet Technology is measured differently than its book value, which is the value of Graphjet that is recorded on the company's balance sheet. Investors also form their own opinion of Graphjet Technology's value that differs from its market value or its book value, called intrinsic value, which is Graphjet Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Graphjet Technology's market value can be influenced by many factors that don't directly affect Graphjet Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Graphjet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graphjet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graphjet Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.