MDU Quick Ratio from 2010 to 2024

MDU Stock  USD 20.13  0.19  0.95%   
MDU Resources 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
1.18647564
Current Value
1.25
Quarterly Volatility
0.12275398
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MDU Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MDU Resources' main balance sheet or income statement drivers, such as Interest Expense of 120 M, Total Revenue of 3 B or Gross Profit of 590.9 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0927 or PTB Ratio of 0.55. MDU financial statements analysis is a perfect complement when working with MDU Resources Valuation or Volatility modules.
  
Check out the analysis of MDU Resources Correlation against competitors.

Latest MDU Resources' Quick Ratio Growth Pattern

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

MDU Quick Ratio Regression Statistics

Arithmetic Mean1.04
Geometric Mean1.04
Coefficient Of Variation11.78
Mean Deviation0.1
Median1.06
Standard Deviation0.12
Sample Variance0.02
Range0.4403
R-Value0.70
Mean Square Error0.01
R-Squared0.49
Significance0
Slope0.02
Total Sum of Squares0.21

MDU Quick Ratio History

2024 1.25
2023 1.19
2021 1.11
2020 1.09
2019 1.18
2018 0.91
2017 1.04

About MDU Resources Financial Statements

MDU Resources shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although MDU Resources investors may analyze each financial statement separately, they are all interrelated. The changes in MDU Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on MDU Resources' 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 1.19  1.25 

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Additional Tools for MDU Stock Analysis

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