Mainz Current Ratio from 2010 to 2024

MYNZ Stock  USD 0.22  0.04  15.38%   
Mainz Biomed Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.92 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
0.9721609
Current Value
0.92
Quarterly Volatility
1.88309525
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mainz Biomed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainz Biomed's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 1.1 M or Interest Expense of 419.9 K, as well as many indicators such as Price To Sales Ratio of 19.99, Dividend Yield of 0.0 or PTB Ratio of 6.09. Mainz financial statements analysis is a perfect complement when working with Mainz Biomed Valuation or Volatility modules.
  
Check out the analysis of Mainz Biomed Correlation against competitors.

Latest Mainz Biomed's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Mainz Biomed BV 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. Mainz Biomed's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mainz Biomed's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10.83 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Mainz Current Ratio Regression Statistics

Arithmetic Mean1.28
Geometric Mean0.78
Coefficient Of Variation146.70
Mean Deviation1.18
Median0.57
Standard Deviation1.88
Sample Variance3.55
Range6.8431
R-Value0.42
Mean Square Error3.16
R-Squared0.17
Significance0.12
Slope0.18
Total Sum of Squares49.64

Mainz Current Ratio History

2024 0.92
2023 0.97
2022 4.33
2021 7.11
2020 0.27

About Mainz Biomed Financial Statements

Mainz Biomed investors use historical fundamental indicators, such as Mainz Biomed's 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 Mainz Biomed. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.97  0.92 

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Additional Tools for Mainz Stock Analysis

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