Pieris Current Ratio from 2010 to 2024

PIRS Stock  USD 16.84  0.07  0.42%   
Pieris Pharmaceuticals Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average 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
3.24442208
Current Value
4.09
Quarterly Volatility
2.59109612
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pieris Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pieris Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 12.3 M or Selling General Administrative of 13.5 M, as well as many indicators such as Price To Sales Ratio of 0.36, Dividend Yield of 0.0 or PTB Ratio of 0.58. Pieris financial statements analysis is a perfect complement when working with Pieris Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Pieris Pharmaceuticals Correlation against competitors.
For more information on how to buy Pieris Stock please use our How to Invest in Pieris Pharmaceuticals guide.

Latest Pieris Pharmaceuticals' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Pieris Pharmaceuticals 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. Pieris Pharmaceuticals' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pieris Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.56 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Pieris Current Ratio Regression Statistics

Arithmetic Mean3.36
Geometric Mean2.65
Coefficient Of Variation77.11
Mean Deviation1.65
Median2.82
Standard Deviation2.59
Sample Variance6.71
Range10.4658
R-Value0.13
Mean Square Error7.12
R-Squared0.02
Significance0.66
Slope0.07
Total Sum of Squares93.99

Pieris Current Ratio History

2024 4.09
2023 3.24
2022 2.01
2021 2.52
2020 3.42
2019 4.26
2018 2.82

About Pieris Pharmaceuticals Financial Statements

Pieris Pharmaceuticals shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Pieris Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. The changes in Pieris Pharmaceuticals' assets and liabilities, for example, are also reflected in the revenues and expenses on on Pieris 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
Current Ratio 3.24  4.09 

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Additional Tools for Pieris Stock Analysis

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