Progyny Quick Ratio from 2010 to 2024

PGNY Stock  USD 15.44  0.47  3.14%   
Progyny Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.90 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
3.44397419
Current Value
1.9
Quarterly Volatility
1.02546625
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Progyny financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progyny's main balance sheet or income statement drivers, such as Tax Provision of 6.9 M, Net Interest Income of 3.3 M or Interest Income of 421.8 K, as well as many indicators such as Price To Sales Ratio of 3.08, Dividend Yield of 0.0 or PTB Ratio of 6.06. Progyny financial statements analysis is a perfect complement when working with Progyny Valuation or Volatility modules.
  
Check out the analysis of Progyny Correlation against competitors.
For more information on how to buy Progyny Stock please use our How to Invest in Progyny guide.

Latest Progyny's Quick Ratio Growth Pattern

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

Progyny Quick Ratio Regression Statistics

Arithmetic Mean1.68
Geometric Mean1.43
Coefficient Of Variation61.16
Mean Deviation0.90
Median0.94
Standard Deviation1.03
Sample Variance1.05
Range2.85
R-Value0.73
Mean Square Error0.52
R-Squared0.54
Significance0
Slope0.17
Total Sum of Squares14.72

Progyny Quick Ratio History

2024 1.9
2023 3.44
2022 2.72
2021 2.62
2020 2.45
2019 3.66
2018 0.81

About Progyny Financial Statements

Progyny investors use historical fundamental indicators, such as Progyny's 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 Progyny. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 3.44  1.90 

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Additional Tools for Progyny Stock Analysis

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