Immunovant Current Ratio from 2010 to 2024

IMVT Stock  USD 26.89  0.02  0.07%   
Immunovant Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.85 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
13.69671659
Current Value
0.85425603
Quarterly Volatility
6.79512245
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Immunovant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Immunovant's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 34.8 M or Other Operating Expenses of 296.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.8 K. Immunovant financial statements analysis is a perfect complement when working with Immunovant Valuation or Volatility modules.
  
Check out the analysis of Immunovant Correlation against competitors.
For more information on how to buy Immunovant Stock please use our How to Invest in Immunovant guide.

Latest Immunovant's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Immunovant over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Immunovant's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Immunovant's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 21.48 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Immunovant Current Ratio Regression Statistics

Arithmetic Mean4.38
Geometric Mean0.54
Coefficient Of Variation155.05
Mean Deviation5.54
Median0.07
Standard Deviation6.80
Sample Variance46.17
Range21.719
R-Value0.61
Mean Square Error31.23
R-Squared0.37
Significance0.02
Slope0.93
Total Sum of Squares646.43

Immunovant Current Ratio History

2023 13.7
2022 9.34
2021 11.52
2020 21.79
2019 7.12
2018 0.85

About Immunovant Financial Statements

Immunovant shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Immunovant investors may analyze each financial statement separately, they are all interrelated. The changes in Immunovant's assets and liabilities, for example, are also reflected in the revenues and expenses on on Immunovant'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
Current Ratio 13.70  0.85 

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Additional Tools for Immunovant Stock Analysis

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