Old Quick Ratio from 2010 to 2024

OSBC Stock  USD 18.60  0.13  0.69%   
Old Second's Quick Ratio is decreasing over the years with slightly volatile fluctuation. Quick Ratio is expected to dwindle to 0.02. 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
0.02559946
Current Value
0.0243
Quarterly Volatility
803.39542645
 
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Yuan Drop
 
Covid
Check Old Second financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Old Second's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.3 M, Interest Expense of 22.6 M or Selling General Administrative of 97.1 M, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0123 or PTB Ratio of 1.63. Old financial statements analysis is a perfect complement when working with Old Second Valuation or Volatility modules.
  
Check out the analysis of Old Second Correlation against competitors.

Latest Old Second's Quick Ratio Growth Pattern

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

Old Quick Ratio Regression Statistics

Arithmetic Mean258.72
Geometric Mean17.08
Coefficient Of Variation310.52
Mean Deviation386.32
Median23.07
Standard Deviation803.40
Sample Variance645,444
Range3.2K
R-Value(0.38)
Mean Square Error592,206
R-Squared0.15
Significance0.16
Slope(69.12)
Total Sum of Squares9M

Old Quick Ratio History

2024 0.0243
2023 0.0256
2022 23.07
2021 176.72
2020 55.99
2019 14.85
2018 13.8

About Old Second Financial Statements

Old Second stakeholders use historical fundamental indicators, such as Old Second's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Old Second investors may analyze each financial statement separately, they are all interrelated. For example, changes in Old Second's assets and liabilities are reflected in the revenues and expenses on Old Second's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Old Second Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.03  0.02 

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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.
When determining whether Old Second Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Second's 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 Old Second Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Second Bancorp Stock:
Check out the analysis of Old Second Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Regional 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 Old Second. If investors know Old 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 Old Second 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
(0.07)
Dividend Share
0.2
Earnings Share
1.85
Revenue Per Share
5.896
Quarterly Revenue Growth
(0.01)
The market value of Old Second Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Second's value that differs from its market value or its book value, called intrinsic value, which is Old Second's 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 Old Second's market value can be influenced by many factors that don't directly affect Old Second's 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 Old Second's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Second is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Second's 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.