MagnaChip Quick Ratio from 2010 to 2024

MX Stock  USD 3.99  0.13  3.37%   
MagnaChip Semiconductor Quick Ratio yearly trend continues to be fairly 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
4.45354888
Current Value
4.68
Quarterly Volatility
1.56774264
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MagnaChip Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MagnaChip Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.8 M, Interest Expense of 786.6 K or Total Revenue of 218.5 M, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0 or PTB Ratio of 0.94. MagnaChip financial statements analysis is a perfect complement when working with MagnaChip Semiconductor Valuation or Volatility modules.
  
Check out the analysis of MagnaChip Semiconductor Correlation against competitors.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.

Latest MagnaChip Semiconductor's Quick Ratio Growth Pattern

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

MagnaChip Quick Ratio Regression Statistics

Arithmetic Mean2.63
Geometric Mean2.27
Coefficient Of Variation59.71
Mean Deviation1.24
Median2.13
Standard Deviation1.57
Sample Variance2.46
Range5.1212
R-Value0.74
Mean Square Error1.18
R-Squared0.55
Significance0
Slope0.26
Total Sum of Squares34.41

MagnaChip Quick Ratio History

2024 4.68
2023 4.45
2022 6.31
2021 4.33
2020 2.13
2019 2.29
2018 2.12

About MagnaChip Semiconductor Financial Statements

MagnaChip Semiconductor investors use historical fundamental indicators, such as MagnaChip Semiconductor's Quick 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 MagnaChip Semiconductor. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 4.45  4.68 

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Additional Tools for MagnaChip Stock Analysis

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