Joint Quick Ratio from 2010 to 2024

KSPI Stock   106.19  2.19  2.11%   
Joint Stock's Quick Ratio is increasing with stable movements from year to year. Quick Ratio is estimated to finish at 1.34 this year. 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
1.17732449
Current Value
1.34
Quarterly Volatility
0.03230601
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Joint Stock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Joint Stock's main balance sheet or income statement drivers, such as Reconciled Depreciation of 2.3 B, Tax Provision of 124.6 B or Depreciation And Amortization of 159.5 K, as well as many indicators such as Price To Sales Ratio of 4.15, Dividend Yield of 0.0712 or PTB Ratio of 14.83. Joint financial statements analysis is a perfect complement when working with Joint Stock Valuation or Volatility modules.
  
Check out the analysis of Joint Stock Correlation against competitors.
For more detail on how to invest in Joint Stock please use our How to Invest in Joint Stock guide.

Latest Joint Stock's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Joint Stock 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. Joint Stock's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Joint Stock's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

Joint Quick Ratio Regression Statistics

Arithmetic Mean1.24
Geometric Mean1.24
Coefficient Of Variation2.61
Mean Deviation0.01
Median1.24
Standard Deviation0.03
Sample Variance0
Range0.1627
R-Value0.13
Mean Square Error0
R-Squared0.02
Significance0.65
Slope0.0009
Total Sum of Squares0.01

Joint Quick Ratio History

2024 1.34
2023 1.18
2022 1.22

About Joint Stock Financial Statements

Investors use fundamental indicators, such as Joint Stock's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Joint Stock's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 1.18  1.34 

Currently Active Assets on Macroaxis

When determining whether Joint Stock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Joint Stock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Joint Stock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Joint Stock Stock:
Check out the analysis of Joint Stock Correlation against competitors.
For more detail on how to invest in Joint Stock please use our How to Invest in Joint Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Joint Stock. If investors know Joint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Joint Stock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.167
Dividend Share
3.4 K
Earnings Share
10.17
Revenue Per Share
12.5 K
Quarterly Revenue Growth
0.293
The market value of Joint Stock is measured differently than its book value, which is the value of Joint that is recorded on the company's balance sheet. Investors also form their own opinion of Joint Stock's value that differs from its market value or its book value, called intrinsic value, which is Joint Stock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Joint Stock's market value can be influenced by many factors that don't directly affect Joint Stock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Joint Stock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Joint Stock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joint Stock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.