Helius Quick Ratio from 2010 to 2024

HSDT Stock  USD 0.45  0.02  4.65%   
Helius Medical Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 2.08 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
3.71527408
Current Value
2.08
Quarterly Volatility
2.05074854
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Helius Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helius Medical's main balance sheet or income statement drivers, such as Interest Expense of 244.2 K, Selling General Administrative of 9.6 M or Other Operating Expenses of 16.1 M, as well as many indicators such as Price To Sales Ratio of 7.21, Dividend Yield of 0.0 or PTB Ratio of 2.18. Helius financial statements analysis is a perfect complement when working with Helius Medical Valuation or Volatility modules.
  
Check out the analysis of Helius Medical Correlation against competitors.

Latest Helius Medical's Quick Ratio Growth Pattern

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

Helius Quick Ratio Regression Statistics

Arithmetic Mean2.00
Geometric Mean1.40
Coefficient Of Variation102.52
Mean Deviation1.40
Median1.02
Standard Deviation2.05
Sample Variance4.21
Range7.6398
R-Value0.62
Mean Square Error2.81
R-Squared0.38
Significance0.01
Slope0.28
Total Sum of Squares58.88

Helius Quick Ratio History

2024 2.08
2023 3.72
2022 8.1
2021 4.57
2020 1.77
2019 1.75
2018 1.48

About Helius Medical Financial Statements

Helius Medical shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Helius Medical investors may analyze each financial statement separately, they are all interrelated. The changes in Helius Medical's assets and liabilities, for example, are also reflected in the revenues and expenses on on Helius Medical'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 3.72  2.08 

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Additional Tools for Helius Stock Analysis

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