Orange Quick Ratio from 2010 to 2024

OBT Stock  USD 59.64  0.59  1.00%   
Orange County 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
6.28
Current Value
8.69
Quarterly Volatility
13.23594238
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Orange County financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orange County's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Selling General Administrative of 19.9 M or Selling And Marketing Expenses of 1.1 M, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0145 or PTB Ratio of 2.15. Orange financial statements analysis is a perfect complement when working with Orange County Valuation or Volatility modules.
  
Check out the analysis of Orange County Correlation against competitors.

Latest Orange County's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Orange County Bancorp 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. Orange County's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Orange County'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  

Orange Quick Ratio Regression Statistics

Arithmetic Mean7.01
Geometric Mean2.32
Coefficient Of Variation188.73
Mean Deviation8.18
Median1.65
Standard Deviation13.24
Sample Variance175.19
Range49.0252
R-Value(0.04)
Mean Square Error188.43
R-Squared0
Significance0.90
Slope(0.11)
Total Sum of Squares2,453

Orange Quick Ratio History

2024 8.69
2023 6.28
2022 5.46
2021 0.67
2020 0.47
2019 0.36
2018 1.13

About Orange County Financial Statements

Orange County shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Orange County investors may analyze each financial statement separately, they are all interrelated. The changes in Orange County's assets and liabilities, for example, are also reflected in the revenues and expenses on on Orange County's 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 6.28  8.69 

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Additional Tools for Orange Stock Analysis

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