NuTech Quick Ratio from 2010 to 2026
NuTech Energy's Quick Ratio is decreasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 0.02. 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
Check out the analysis of NuTech Energy Correlation against competitors.
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 0.0232 | Current Value 0.022 | Quarterly Volatility 0.29753232 |
Check NuTech Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NuTech Energy's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 157.5 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. NuTech financial statements analysis is a perfect complement when working with NuTech Energy Valuation or Volatility modules.
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Latest NuTech Energy's Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of NuTech Energy Resources 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. NuTech Energy's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NuTech Energy's overall financial position and show how it may be relating to other accounts over time.
| Quick Ratio | 10 Years Trend |
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Quick Ratio |
| Timeline |
NuTech Quick Ratio Regression Statistics
| Arithmetic Mean | 0.09 | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | 321.23 | |
| Mean Deviation | 0.14 | |
| Median | 0.02 | |
| Standard Deviation | 0.30 | |
| Sample Variance | 0.09 | |
| Range | 1.2271 | |
| R-Value | (0.41) | |
| Mean Square Error | 0.08 | |
| R-Squared | 0.17 | |
| Significance | 0.11 | |
| Slope | (0.02) | |
| Total Sum of Squares | 1.42 |
NuTech Quick Ratio History
About NuTech Energy Financial Statements
NuTech Energy stakeholders use historical fundamental indicators, such as NuTech Energy's Quick Ratio, to determine how well the company is positioned to perform in the future. Although NuTech Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in NuTech Energy's assets and liabilities are reflected in the revenues and expenses on NuTech Energy'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 NuTech Energy Resources. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Quick Ratio | 0.02 | 0.02 |
Currently Active Assets on Macroaxis
When determining whether NuTech Energy Resources is a strong investment it is important to analyze NuTech Energy'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 NuTech Energy's future performance. For an informed investment choice regarding NuTech Stock, refer to the following important reports:Check out the analysis of NuTech Energy Correlation against competitors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Oil & Gas E&P 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 NuTech Energy. If investors know NuTech 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 NuTech Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NuTech Energy Resources is measured differently than its book value, which is the value of NuTech that is recorded on the company's balance sheet. Investors also form their own opinion of NuTech Energy's value that differs from its market value or its book value, called intrinsic value, which is NuTech Energy'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 NuTech Energy's market value can be influenced by many factors that don't directly affect NuTech Energy'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 NuTech Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuTech Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuTech Energy'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.