Noah Quick Ratio from 2010 to 2024

NOAH Stock  USD 12.81  1.10  9.39%   
Noah Holdings' Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is estimated to finish at 4.87 this year. 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
3.76321291
Current Value
4.87
Quarterly Volatility
2.00495624
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Noah Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noah Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 166 M, Interest Expense of 182 M or Selling General Administrative of 237 M, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0246 or PTB Ratio of 0.63. Noah financial statements analysis is a perfect complement when working with Noah Holdings Valuation or Volatility modules.
  
Check out the analysis of Noah Holdings Correlation against competitors.
For more detail on how to invest in Noah Stock please use our How to Invest in Noah Holdings guide.

Latest Noah Holdings' Quick Ratio Growth Pattern

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

Noah Quick Ratio Regression Statistics

Arithmetic Mean4.30
Geometric Mean3.97
Coefficient Of Variation46.57
Mean Deviation1.42
Median3.71
Standard Deviation2.00
Sample Variance4.02
Range7.6953
R-Value(0.52)
Mean Square Error3.15
R-Squared0.27
Significance0.05
Slope(0.23)
Total Sum of Squares56.28

Noah Quick Ratio History

2024 4.87
2023 3.76
2022 3.3
2021 2.42
2020 3.71
2019 4.49
2018 3.21

About Noah Holdings Financial Statements

Investors use fundamental indicators, such as Noah Holdings' Quick Ratio, to determine how well the company is positioned to perform in the future. Although Noah Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 3.76  4.87 

Currently Active Assets on Macroaxis

When determining whether Noah Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Noah Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Noah Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Noah Holdings Stock:
Check out the analysis of Noah Holdings Correlation against competitors.
For more detail on how to invest in Noah Stock please use our How to Invest in Noah Holdings guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Asset Management & Custody Banks 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 Noah Holdings. If investors know Noah 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 Noah Holdings 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
(0.69)
Dividend Share
7.75
Earnings Share
1.35
Revenue Per Share
40.352
Quarterly Revenue Growth
(0.35)
The market value of Noah Holdings is measured differently than its book value, which is the value of Noah that is recorded on the company's balance sheet. Investors also form their own opinion of Noah Holdings' value that differs from its market value or its book value, called intrinsic value, which is Noah Holdings' 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 Noah Holdings' market value can be influenced by many factors that don't directly affect Noah Holdings' 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 Noah Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Noah Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noah Holdings' 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.