Natural Quick Ratio from 2010 to 2024

NGS Stock  USD 27.53  0.15  0.54%   
Natural Gas Quick Ratio yearly trend continues to be comparatively 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
1.67003943
Current Value
2.68
Quarterly Volatility
3.6268023
 
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Covid
Check Natural Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Natural Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.2 M, Interest Expense of 4.3 M or Selling General Administrative of 17.9 M, as well as many indicators such as Price To Sales Ratio of 2.21, Dividend Yield of 0.0011 or PTB Ratio of 1.53. Natural financial statements analysis is a perfect complement when working with Natural Gas Valuation or Volatility modules.
  
Check out the analysis of Natural Gas Correlation against competitors.

Latest Natural Gas' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Natural Gas Services 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. Natural Gas' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Natural Gas' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

Natural Quick Ratio Regression Statistics

Arithmetic Mean4.32
Geometric Mean3.14
Coefficient Of Variation84.04
Mean Deviation2.88
Median2.77
Standard Deviation3.63
Sample Variance13.15
Range10.5766
R-Value(0.03)
Mean Square Error14.15
R-Squared0
Significance0.90
Slope(0.03)
Total Sum of Squares184.15

Natural Quick Ratio History

2024 2.68
2023 1.67
2022 1.01
2021 2.26
2020 4.86
2019 3.87
2018 5.98

About Natural Gas Financial Statements

Natural Gas shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Natural Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Natural Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Natural Gas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 1.67  2.68 

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Additional Tools for Natural Stock Analysis

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