Hologic Quick Ratio from 2010 to 2024

HOLX Stock  USD 79.44  0.44  0.56%   
Hologic Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 2.95 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
3.03075588
Current Value
2.9544438
Quarterly Volatility
1.04625284
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hologic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hologic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 324.4 M, Interest Expense of 74.8 M or Total Revenue of 4.2 B, as well as many indicators such as Price To Sales Ratio of 4.25, Dividend Yield of 0.0 or PTB Ratio of 3.41. Hologic financial statements analysis is a perfect complement when working with Hologic Valuation or Volatility modules.
  
Check out the analysis of Hologic Correlation against competitors.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.

Latest Hologic's Quick Ratio Growth Pattern

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

Hologic Quick Ratio Regression Statistics

Arithmetic Mean2.57
Geometric Mean2.32
Coefficient Of Variation40.65
Mean Deviation0.94
Median3.03
Standard Deviation1.05
Sample Variance1.09
Range2.2871
R-Value0.62
Mean Square Error0.73
R-Squared0.38
Significance0.01
Slope0.14
Total Sum of Squares15.33

Hologic Quick Ratio History

2024 2.95
2022 3.03
2016 3.45
2011 1.17
2010 3.04

About Hologic Financial Statements

Hologic investors use historical fundamental indicators, such as Hologic'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 Hologic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 3.03  2.95 

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Additional Tools for Hologic Stock Analysis

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