TDH Quick Ratio from 2010 to 2024

PETZ Stock  USD 1.19  0.03  2.59%   
TDH 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
8.03214033
Current Value
8.43
Quarterly Volatility
2.70119373
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TDH Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TDH Holdings' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 47.1 K or Depreciation And Amortization of 307.3 K, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0 or PTB Ratio of 0.46. TDH financial statements analysis is a perfect complement when working with TDH Holdings Valuation or Volatility modules.
  
Check out the analysis of TDH Holdings Correlation against competitors.
For more information on how to buy TDH Stock please use our How to Invest in TDH Holdings guide.

Latest TDH Holdings' Quick Ratio Growth Pattern

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

TDH Quick Ratio Regression Statistics

Arithmetic Mean1.73
Geometric Mean0.84
Coefficient Of Variation156.38
Mean Deviation1.82
Median0.48
Standard Deviation2.70
Sample Variance7.30
Range8.1801
R-Value0.68
Mean Square Error4.20
R-Squared0.47
Significance0.01
Slope0.41
Total Sum of Squares102.15

TDH Quick Ratio History

2024 8.43
2023 8.03
2022 2.3
2021 1.82
2020 0.54
2019 0.46
2018 0.25

About TDH Holdings Financial Statements

TDH Holdings investors use historical fundamental indicators, such as TDH 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 TDH Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 8.03  8.43 

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Additional Tools for TDH Stock Analysis

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