Manchester Quick Ratio from 2010 to 2024

MANU Stock  USD 17.03  0.09  0.53%   
Manchester United Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.33 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
0.35099022
Current Value
0.33
Quarterly Volatility
0.26374419
 
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Yuan Drop
 
Covid
Check Manchester United financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Manchester United's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 28.8 M or Selling General Administrative of 400.6 M, as well as many indicators such as Price To Sales Ratio of 4.49, Dividend Yield of 0.0213 or PTB Ratio of 14.67. Manchester financial statements analysis is a perfect complement when working with Manchester United Valuation or Volatility modules.
  
Check out the analysis of Manchester United Correlation against competitors.
For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.

Latest Manchester United's Quick Ratio Growth Pattern

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

Manchester Quick Ratio Regression Statistics

Arithmetic Mean0.68
Geometric Mean0.64
Coefficient Of Variation38.57
Mean Deviation0.21
Median0.65
Standard Deviation0.26
Sample Variance0.07
Range0.9275
R-Value(0.72)
Mean Square Error0.04
R-Squared0.52
Significance0
Slope(0.04)
Total Sum of Squares0.97

Manchester Quick Ratio History

2024 0.33
2023 0.35
2022 0.36
2021 0.47
2020 0.55
2019 0.56
2018 0.9

About Manchester United Financial Statements

Manchester United shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Manchester United investors may analyze each financial statement separately, they are all interrelated. The changes in Manchester United's assets and liabilities, for example, are also reflected in the revenues and expenses on on Manchester United'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 0.35  0.33 

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Additional Tools for Manchester Stock Analysis

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