MeiraGTx Current Ratio from 2010 to 2024

MGTX Stock  USD 5.92  0.10  1.72%   
MeiraGTx Holdings Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average 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
2.37964757
Current Value
3.58
Quarterly Volatility
1.22555889
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MeiraGTx Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MeiraGTx Holdings' main balance sheet or income statement drivers, such as Interest Income of 2.3 M, Depreciation And Amortization of 14.4 M or Interest Expense of 13.9 M, as well as many indicators such as Price To Sales Ratio of 35.48, Dividend Yield of 0.0 or PTB Ratio of 3.01. MeiraGTx financial statements analysis is a perfect complement when working with MeiraGTx Holdings Valuation or Volatility modules.
  
Check out the analysis of MeiraGTx Holdings Correlation against competitors.

Latest MeiraGTx Holdings' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of MeiraGTx Holdings PLC 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. MeiraGTx Holdings' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MeiraGTx Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.55 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

MeiraGTx Current Ratio Regression Statistics

Arithmetic Mean3.23
Geometric Mean2.92
Coefficient Of Variation37.90
Mean Deviation0.80
Median3.16
Standard Deviation1.23
Sample Variance1.50
Range4.9314
R-Value0.02
Mean Square Error1.62
R-Squared0.0006
Significance0.93
Slope0.01
Total Sum of Squares21.03

MeiraGTx Current Ratio History

2024 3.58
2023 2.38
2022 1.88
2021 2.69
2020 5.03
2019 5.47
2018 4.82

About MeiraGTx Holdings Financial Statements

MeiraGTx Holdings investors use historical fundamental indicators, such as MeiraGTx Holdings' Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MeiraGTx Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.38  3.58 

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Additional Tools for MeiraGTx Stock Analysis

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