NextPlat Cash Ratio from 2010 to 2024

NXPLW Stock  USD 0.20  0.00  0.00%   
NextPlat Corp Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, NextPlat Corp Cash Ratio regression line of quarterly data had mean square error of  5.34 and geometric mean of  0.18. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
1.84779097
Current Value
1.94
Quarterly Volatility
2.67697906
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NextPlat Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NextPlat Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 75 K or Other Operating Expenses of 64 M, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.0288 or PTB Ratio of 0.94. NextPlat financial statements analysis is a perfect complement when working with NextPlat Corp Valuation or Volatility modules.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Latest NextPlat Corp's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of NextPlat Corp over the last few years. It is NextPlat Corp's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NextPlat Corp's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

NextPlat Cash Ratio Regression Statistics

Arithmetic Mean1.43
Geometric Mean0.18
Coefficient Of Variation187.08
Mean Deviation1.79
Median0.18
Standard Deviation2.68
Sample Variance7.17
Range9.176
R-Value0.56
Mean Square Error5.34
R-Squared0.31
Significance0.03
Slope0.33
Total Sum of Squares100.33

NextPlat Cash Ratio History

2024 1.94
2023 1.85
2022 9.18
2021 6.21
2020 0.48
2019 0.0522
2018 0.14

About NextPlat Corp Financial Statements

NextPlat Corp investors use historical fundamental indicators, such as NextPlat Corp's Cash 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 NextPlat Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 1.85  1.94 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for NextPlat Stock Analysis

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