Phathom Quick Ratio from 2010 to 2024

PHAT Stock  USD 8.87  0.10  1.11%   
Phathom Pharmaceuticals Quick Ratio yearly trend continues to be comparatively 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
10.21696191
Current Value
18.35
Quarterly Volatility
17.46058633
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phathom Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phathom Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Income of 8.3 M, Depreciation And Amortization of 603.8 K or Interest Expense of 44.1 M, as well as many indicators such as Price To Sales Ratio of 549, Dividend Yield of 0.0 or Days Sales Outstanding of 701. Phathom financial statements analysis is a perfect complement when working with Phathom Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Phathom Pharmaceuticals Correlation against competitors.
For more information on how to buy Phathom Stock please use our How to Invest in Phathom Pharmaceuticals guide.

Latest Phathom Pharmaceuticals' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Phathom Pharmaceuticals 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. Phathom Pharmaceuticals' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phathom Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Phathom Quick Ratio Regression Statistics

Arithmetic Mean8.11
Geometric Mean1.62
Coefficient Of Variation215.21
Mean Deviation9.89
Median0.41
Standard Deviation17.46
Sample Variance304.87
Range67.7844
R-Value0.37
Mean Square Error284.20
R-Squared0.13
Significance0.18
Slope1.43
Total Sum of Squares4,268

Phathom Quick Ratio History

2024 18.35
2023 10.22
2022 6.12
2021 9.86
2020 5.25
2019 68.2

About Phathom Pharmaceuticals Financial Statements

Phathom Pharmaceuticals shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Phathom Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. The changes in Phathom Pharmaceuticals' assets and liabilities, for example, are also reflected in the revenues and expenses on on Phathom Pharmaceuticals' 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 10.22  18.35 

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Additional Tools for Phathom Stock Analysis

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