Luokung Quick Ratio from 2010 to 2025

LKCO Stock  USD 1.46  0.03  2.01%   
Luokung Technology Quick Ratio yearly trend continues to be very stable with very little volatility. Quick Ratio is likely to drop to 0.06. 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
0.0639
Current Value
0.0607
Quarterly Volatility
228.88420095
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Luokung Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Luokung Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.3 M, Interest Expense of 4.2 M or Selling General Administrative of 145.7 M, as well as many indicators such as Price To Sales Ratio of 0.94, Dividend Yield of 0.0036 or Days Sales Outstanding of 182. Luokung financial statements analysis is a perfect complement when working with Luokung Technology Valuation or Volatility modules.
  
Check out the analysis of Luokung Technology Correlation against competitors.

Latest Luokung Technology's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Luokung Technology Corp 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. Luokung Technology's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Luokung Technology's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
889.108.270.0.470.070.060.06-88%149%-100%-85%-10%-5%100%
       Timeline  

Luokung Quick Ratio Regression Statistics

Arithmetic Mean94.70
Geometric Mean3.12
Coefficient Of Variation241.69
Mean Deviation139.90
Median1.47
Standard Deviation228.88
Sample Variance52,388
Range890
R-Value0.16
Mean Square Error54,720
R-Squared0.03
Significance0.56
Slope7.62
Total Sum of Squares785,820

Luokung Quick Ratio History

2025 0.0607
2024 0.0639
2023 0.071
2022 0.47
2021 270.74
2020 108.68
2019 889.87

About Luokung Technology Financial Statements

Luokung Technology investors utilize fundamental indicators, such as Quick Ratio, to predict how Luokung Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.06  0.06 
When determining whether Luokung Technology Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luokung Technology'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 Luokung Technology Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luokung Technology Corp Stock:
Check out the analysis of Luokung Technology Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Interactive Media & Services 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 Luokung Technology. If investors know Luokung 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 Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(647.12)
Revenue Per Share
2.372
Quarterly Revenue Growth
(0.78)
Return On Assets
(0.46)
Return On Equity
(6.49)
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology'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 Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology'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 Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology'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.