Northwest Quick Ratio from 2010 to 2024

NWPX Stock  USD 56.07  0.32  0.57%   
Northwest Pipe 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
1.88426513
Current Value
2.1
Quarterly Volatility
1.59297531
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northwest Pipe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northwest Pipe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9 M, Interest Expense of 3.4 M or Total Revenue of 320.4 M, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0 or PTB Ratio of 1.14. Northwest financial statements analysis is a perfect complement when working with Northwest Pipe Valuation or Volatility modules.
  
Check out the analysis of Northwest Pipe Correlation against competitors.
For more information on how to buy Northwest Stock please use our How to Invest in Northwest Pipe guide.

Latest Northwest Pipe's Quick Ratio Growth Pattern

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

Northwest Quick Ratio Regression Statistics

Arithmetic Mean3.21
Geometric Mean2.85
Coefficient Of Variation49.63
Mean Deviation1.24
Median2.76
Standard Deviation1.59
Sample Variance2.54
Range6.4398
R-Value0.06
Mean Square Error2.72
R-Squared0
Significance0.82
Slope0.02
Total Sum of Squares35.53

Northwest Quick Ratio History

2024 2.1
2023 1.88
2022 2.29
2021 2.63
2020 3.55
2019 3.95
2018 3.81

About Northwest Pipe Financial Statements

Northwest Pipe investors use historical fundamental indicators, such as Northwest Pipe'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 Northwest Pipe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.88  2.10 

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Additional Tools for Northwest Stock Analysis

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