Plymouth Quick Ratio from 2010 to 2024

PLYM Stock  USD 18.78  0.05  0.27%   
Plymouth Industrial Quick Ratio yearly trend continues to be very stable with very little volatility. Quick Ratio is likely to grow to 0.75 this year. 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
0.53959219
Current Value
0.75
Quarterly Volatility
0.45908412
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Plymouth Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plymouth Industrial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.2 M, Interest Expense of 22.5 M or Selling General Administrative of 8.2 M, as well as many indicators such as Price To Sales Ratio of 5.51, Dividend Yield of 0.079 or PTB Ratio of 2.06. Plymouth financial statements analysis is a perfect complement when working with Plymouth Industrial Valuation or Volatility modules.
  
Check out the analysis of Plymouth Industrial Correlation against competitors.

Latest Plymouth Industrial's Quick Ratio Growth Pattern

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

Plymouth Quick Ratio Regression Statistics

Arithmetic Mean0.66
Geometric Mean0.52
Coefficient Of Variation69.42
Mean Deviation0.34
Median0.54
Standard Deviation0.46
Sample Variance0.21
Range1.7172
R-Value(0.16)
Mean Square Error0.22
R-Squared0.03
Significance0.57
Slope(0.02)
Total Sum of Squares2.95

Plymouth Quick Ratio History

2024 0.75
2023 0.54
2022 0.21
2021 0.65
2020 0.23
2019 0.19
2018 0.68

About Plymouth Industrial Financial Statements

Plymouth Industrial investors utilize fundamental indicators, such as Quick Ratio, to predict how Plymouth Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.54  0.75 

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When determining whether Plymouth Industrial REIT is a strong investment it is important to analyze Plymouth Industrial'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 Plymouth Industrial's future performance. For an informed investment choice regarding Plymouth Stock, refer to the following important reports:
Check out the analysis of Plymouth Industrial Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plymouth Industrial. If investors know Plymouth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plymouth Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.945
Earnings Share
0.02
Revenue Per Share
4.484
Quarterly Revenue Growth
0.042
Return On Assets
0.0152
The market value of Plymouth Industrial REIT is measured differently than its book value, which is the value of Plymouth that is recorded on the company's balance sheet. Investors also form their own opinion of Plymouth Industrial's value that differs from its market value or its book value, called intrinsic value, which is Plymouth Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plymouth Industrial's market value can be influenced by many factors that don't directly affect Plymouth Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plymouth Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plymouth Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plymouth Industrial'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.