MannKind Quick Ratio from 2010 to 2024

MNKD Stock  USD 6.72  0.12  1.75%   
MannKind Corp's Quick Ratio is increasing over the years with slightly volatile fluctuation. Quick Ratio is expected to dwindle to 3.21. 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
3.31186555
Current Value
3.21
Quarterly Volatility
1.51154097
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MannKind Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MannKind Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.2 M, Interest Expense of 26.4 M or Total Revenue of 208.9 M, as well as many indicators such as Price To Sales Ratio of 4.64, Dividend Yield of 0.0 or Days Sales Outstanding of 25.97. MannKind financial statements analysis is a perfect complement when working with MannKind Corp Valuation or Volatility modules.
  
Check out the analysis of MannKind Corp Correlation against competitors.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.

Latest MannKind Corp's Quick Ratio Growth Pattern

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

MannKind Quick Ratio Regression Statistics

Arithmetic Mean1.64
Geometric Mean1.05
Coefficient Of Variation92.36
Mean Deviation1.33
Median0.86
Standard Deviation1.51
Sample Variance2.28
Range4.1618
R-Value0.47
Mean Square Error1.93
R-Squared0.22
Significance0.08
Slope0.16
Total Sum of Squares31.99

MannKind Quick Ratio History

2024 3.21
2023 3.31
2022 3.17
2021 4.4
2020 1.01
2019 0.86
2018 1.04

About MannKind Corp Financial Statements

MannKind Corp stakeholders use historical fundamental indicators, such as MannKind Corp's Quick Ratio, to determine how well the company is positioned to perform in the future. Although MannKind Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in MannKind Corp's assets and liabilities are reflected in the revenues and expenses on MannKind Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MannKind Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 3.31  3.21 

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When determining whether MannKind Corp is a strong investment it is important to analyze MannKind Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MannKind Corp's future performance. For an informed investment choice regarding MannKind Stock, refer to the following important reports:
Check out the analysis of MannKind Corp Correlation against competitors.
For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Biotechnology 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 MannKind Corp. If investors know MannKind 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 MannKind Corp 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
5.246
Earnings Share
0.08
Revenue Per Share
0.982
Quarterly Revenue Growth
0.367
Return On Assets
0.0912
The market value of MannKind Corp is measured differently than its book value, which is the value of MannKind that is recorded on the company's balance sheet. Investors also form their own opinion of MannKind Corp's value that differs from its market value or its book value, called intrinsic value, which is MannKind Corp'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 MannKind Corp's market value can be influenced by many factors that don't directly affect MannKind Corp'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 MannKind Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MannKind Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MannKind Corp'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.