IDT Quick Ratio from 2010 to 2024

IDT Stock  USD 51.16  0.03  0.06%   
IDT Quick Ratio yearly trend continues to be comparatively 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
1.51256157
Current Value
1.69
Quarterly Volatility
0.32602163
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IDT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IDT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.2 M, Interest Expense of 124.8 K or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0029 or PTB Ratio of 3.72. IDT financial statements analysis is a perfect complement when working with IDT Valuation or Volatility modules.
  
Check out the analysis of IDT Correlation against competitors.

Latest IDT's Quick Ratio Growth Pattern

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

IDT Quick Ratio Regression Statistics

Arithmetic Mean0.91
Geometric Mean0.87
Coefficient Of Variation35.64
Mean Deviation0.22
Median0.88
Standard Deviation0.33
Sample Variance0.11
Range1.2501
R-Value0.35
Mean Square Error0.10
R-Squared0.12
Significance0.20
Slope0.03
Total Sum of Squares1.49

IDT Quick Ratio History

2024 1.69
2023 1.51
2022 0.83
2021 0.76
2020 0.67
2019 0.53
2018 0.44

About IDT Financial Statements

IDT shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although IDT investors may analyze each financial statement separately, they are all interrelated. The changes in IDT's assets and liabilities, for example, are also reflected in the revenues and expenses on on IDT'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 1.51  1.69 

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Additional Tools for IDT Stock Analysis

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