Phoenix Current Ratio from 2010 to 2024

PEV Stock  USD 0.32  0.02  5.88%   
Phoenix Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.53 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.55289036
Current Value
0.53
Quarterly Volatility
0.90569504
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phoenix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phoenix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 636.3 K or Total Revenue of 3 M, as well as many indicators such as Price To Sales Ratio of 6.77, Dividend Yield of 0.0 or Days Sales Outstanding of 135. Phoenix financial statements analysis is a perfect complement when working with Phoenix Valuation or Volatility modules.
  
Check out the analysis of Phoenix Correlation against competitors.

Latest Phoenix's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Phoenix Motor Common over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Phoenix's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phoenix's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.40 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Phoenix Current Ratio Regression Statistics

Arithmetic Mean1.42
Geometric Mean1.26
Coefficient Of Variation63.76
Mean Deviation0.45
Median1.26
Standard Deviation0.91
Sample Variance0.82
Range3.9949
R-Value0.06
Mean Square Error0.88
R-Squared0
Significance0.84
Slope0.01
Total Sum of Squares11.48

Phoenix Current Ratio History

2024 0.53
2023 0.55
2022 1.61
2021 1.49
2020 4.52

About Phoenix Financial Statements

Phoenix investors use historical fundamental indicators, such as Phoenix's Current 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 Phoenix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.55  0.53 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Phoenix Stock Analysis

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