Hennessy Quick Ratio from 2010 to 2024

HCVIU Stock  USD 10.55  0.02  0.19%   
Hennessy Capital 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
0.08186849
Current Value
0.0778
Quarterly Volatility
2.53867018
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hennessy Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hennessy Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.1 M, Interest Expense of 11.9 M or Selling General Administrative of 2.7 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.19. Hennessy financial statements analysis is a perfect complement when working with Hennessy Capital Valuation or Volatility modules.
  
Check out the analysis of Hennessy Capital Correlation against competitors.

Latest Hennessy Capital's Quick Ratio Growth Pattern

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

Hennessy Quick Ratio Regression Statistics

Arithmetic Mean5.44
Geometric Mean3.35
Coefficient Of Variation46.64
Mean Deviation1.95
Median6.66
Standard Deviation2.54
Sample Variance6.44
Range6.5809
R-Value(0.70)
Mean Square Error3.56
R-Squared0.49
Significance0
Slope(0.40)
Total Sum of Squares90.23

Hennessy Quick Ratio History

2024 0.0778
2023 0.0819
2022 1.57

About Hennessy Capital Financial Statements

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

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Additional Tools for Hennessy Stock Analysis

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