Paymentus Quick Ratio from 2010 to 2024

PAY Stock  USD 36.44  0.13  0.36%   
Paymentus Holdings 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
4.25965151
Current Value
4.47
Quarterly Volatility
1.76601864
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paymentus Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paymentus Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.1 M, Interest Expense of 1.8 M or Selling General Administrative of 34.2 M, as well as many indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0089 or PTB Ratio of 7.8. Paymentus financial statements analysis is a perfect complement when working with Paymentus Holdings Valuation or Volatility modules.
  
Check out the analysis of Paymentus Holdings Correlation against competitors.
For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.

Latest Paymentus Holdings' Quick Ratio Growth Pattern

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

Paymentus Quick Ratio Regression Statistics

Arithmetic Mean2.83
Geometric Mean2.27
Coefficient Of Variation62.43
Mean Deviation1.58
Median2.57
Standard Deviation1.77
Sample Variance3.12
Range4.5395
R-Value0.74
Mean Square Error1.54
R-Squared0.54
Significance0
Slope0.29
Total Sum of Squares43.66

Paymentus Quick Ratio History

2024 4.47
2023 4.26
2022 4.4
2021 3.0
2020 2.57
2017 5.18
2016 1.09

About Paymentus Holdings Financial Statements

Paymentus Holdings investors use historical fundamental indicators, such as Paymentus Holdings' 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 Paymentus Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 4.26  4.47 

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Additional Tools for Paymentus Stock Analysis

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