Pharming Quick Ratio from 2010 to 2024

PHAR Stock  USD 7.65  0.12  1.59%   
Pharming Group Quick Ratio yearly trend continues to be relatively stable with very little volatility. Quick Ratio is likely to drop to 1.76. 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
2.94496536
Current Value
1.76
Quarterly Volatility
1.30958131
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pharming Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pharming Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.7 M, Interest Expense of 6.4 M or Selling And Marketing Expenses of 6.5 M, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0 or PTB Ratio of 3.07. Pharming financial statements analysis is a perfect complement when working with Pharming Group Valuation or Volatility modules.
  
Check out the analysis of Pharming Group Correlation against competitors.

Latest Pharming Group's Quick Ratio Growth Pattern

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

Pharming Quick Ratio Regression Statistics

Arithmetic Mean2.17
Geometric Mean1.80
Coefficient Of Variation60.39
Mean Deviation1.12
Median1.76
Standard Deviation1.31
Sample Variance1.72
Range4.0417
R-Value0.33
Mean Square Error1.65
R-Squared0.11
Significance0.23
Slope0.1
Total Sum of Squares24.01

Pharming Quick Ratio History

2024 1.76
2023 2.94
2022 3.94
2021 4.75
2020 3.15
2019 0.9

About Pharming Group Financial Statements

Pharming Group shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Pharming Group investors may analyze each financial statement separately, they are all interrelated. The changes in Pharming Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on Pharming Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 2.94  1.76 

Additional Tools for Pharming Stock Analysis

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