POET Quick Ratio from 2010 to 2024

POET Stock  USD 4.25  0.24  5.99%   
POET Technologies Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 1.19 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
1.24960577
Current Value
1.19
Quarterly Volatility
8.77450004
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check POET Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among POET Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Other Operating Expenses of 12.6 M or Cost Of Revenue of 1.9 M, as well as many indicators such as Price To Sales Ratio of 102, Dividend Yield of 0.0 or PTB Ratio of 7.23. POET financial statements analysis is a perfect complement when working with POET Technologies Valuation or Volatility modules.
  
Check out the analysis of POET Technologies Correlation against competitors.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.

Latest POET Technologies' Quick Ratio Growth Pattern

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

POET Quick Ratio Regression Statistics

Arithmetic Mean7.88
Geometric Mean4.41
Coefficient Of Variation111.32
Mean Deviation6.76
Median4.04
Standard Deviation8.77
Sample Variance76.99
Range27.0905
R-Value(0.29)
Mean Square Error75.93
R-Squared0.08
Significance0.29
Slope(0.57)
Total Sum of Squares1,078

POET Quick Ratio History

2024 1.19
2023 1.25
2022 2.54
2021 11.4
2020 1.31
2019 4.04
2018 2.12

About POET Technologies Financial Statements

POET Technologies shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although POET Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in POET Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on POET Technologies' 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 1.25  1.19 

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Additional Tools for POET Stock Analysis

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