IOBT Current Ratio from 2010 to 2024

IOBT Stock  USD 0.71  0.03  4.41%   
IO Biotech Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 7.60 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
9.36915442
Current Value
7.6
Quarterly Volatility
6.25955393
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IO Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IO Biotech's main balance sheet or income statement drivers, such as Net Interest Income of 5 M, Depreciation And Amortization of 204.2 K or Interest Expense of 2.9 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.65. IOBT financial statements analysis is a perfect complement when working with IO Biotech Valuation or Volatility modules.
  
Check out the analysis of IO Biotech Correlation against competitors.
For more information on how to buy IOBT Stock please use our How to Invest in IO Biotech guide.

Latest IO Biotech's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of IO Biotech 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. IO Biotech's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IO Biotech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 20.94 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

IOBT Current Ratio Regression Statistics

Arithmetic Mean4.19
Geometric Mean1.84
Coefficient Of Variation149.30
Mean Deviation4.75
Median0.87
Standard Deviation6.26
Sample Variance39.18
Range20.6502
R-Value0.63
Mean Square Error25.20
R-Squared0.40
Significance0.01
Slope0.89
Total Sum of Squares548.55

IOBT Current Ratio History

2024 7.6
2023 9.37
2022 13.88
2021 21.52
2020 1.85

About IO Biotech Financial Statements

IO Biotech shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although IO Biotech investors may analyze each financial statement separately, they are all interrelated. The changes in IO Biotech's assets and liabilities, for example, are also reflected in the revenues and expenses on on IO Biotech'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 9.37  7.60 

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Additional Tools for IOBT Stock Analysis

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