InTest Quick Ratio from 2010 to 2024

INTT Stock  USD 7.77  0.14  1.83%   
InTest 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
2.70336228
Current Value
3.75
Quarterly Volatility
2.21142871
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check InTest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InTest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 713 K or Total Revenue of 129.5 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0321 or PTB Ratio of 2.15. InTest financial statements analysis is a perfect complement when working with InTest Valuation or Volatility modules.
  
Check out the analysis of InTest Correlation against competitors.
For more information on how to buy InTest Stock please use our How to Invest in InTest guide.

Latest InTest's Quick Ratio Growth Pattern

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

InTest Quick Ratio Regression Statistics

Arithmetic Mean3.68
Geometric Mean3.09
Coefficient Of Variation60.10
Mean Deviation1.89
Median2.70
Standard Deviation2.21
Sample Variance4.89
Range6.3533
R-Value(0.45)
Mean Square Error4.20
R-Squared0.20
Significance0.09
Slope(0.22)
Total Sum of Squares68.47

InTest Quick Ratio History

2024 3.75
2023 2.7
2022 1.4
2021 1.56
2020 2.2
2019 2.12
2018 1.36

About InTest Financial Statements

InTest shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although InTest investors may analyze each financial statement separately, they are all interrelated. The changes in InTest's assets and liabilities, for example, are also reflected in the revenues and expenses on on InTest'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 2.70  3.75 

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Additional Tools for InTest Stock Analysis

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