Plug Quick Ratio from 2010 to 2026

PLUG Stock  USD 1.89  0.07  3.85%   
Plug Power's Quick Ratio is increasing over the last several years with very volatile swings. Quick Ratio is predicted to flatten to 1.16. 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
1.22
Current Value
1.16
Quarterly Volatility
2.4670828
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Plug Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plug Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 102.1 M, Interest Expense of 56.3 M or Total Revenue of 759.3 M, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0 or PTB Ratio of 1.15. Plug financial statements analysis is a perfect complement when working with Plug Power Valuation or Volatility modules.
  
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Check out the analysis of Plug Power Correlation against competitors.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
The Quick Ratio trend for Plug Power offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Plug Power is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Plug Power's Quick Ratio Growth Pattern

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

Plug Quick Ratio Regression Statistics

Arithmetic Mean2.31
Geometric Mean1.65
Coefficient Of Variation106.65
Mean Deviation1.64
Median1.22
Standard Deviation2.47
Sample Variance6.09
Range9.3257
R-Value0.04
Mean Square Error6.48
R-Squared0
Significance0.87
Slope0.02
Total Sum of Squares97.38

Plug Quick Ratio History

2026 1.16
2023 0.86
2022 4.19
2021 9.94
2020 2.55
2019 1.49
2018 0.74

About Plug Power Financial Statements

Plug Power stakeholders use historical fundamental indicators, such as Plug Power's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Plug Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Plug Power's assets and liabilities are reflected in the revenues and expenses on Plug Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Plug Power. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.22  1.16 

Currently Active Assets on Macroaxis

When determining whether Plug Power is a strong investment it is important to analyze Plug Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:
Check out the analysis of Plug Power Correlation against competitors.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Can Electrical Components & Equipment industry sustain growth momentum? Does Plug have expansion opportunities? Factors like these will boost the valuation of Plug Power. Anticipated expansion of Plug directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Plug Power demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(2.38)
Revenue Per Share
0.654
Quarterly Revenue Growth
0.019
Return On Assets
(0.16)
Return On Equity
(0.94)
Plug Power's market price often diverges from its book value, the accounting figure shown on Plug's balance sheet. Smart investors calculate Plug Power's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Plug Power's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Plug Power's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Plug Power should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Plug Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.