Procaps Quick Ratio from 2010 to 2024

PROCW Stock  USD 0.01  0.0002  1.35%   
Procaps Group Quick Ratio yearly trend continues to be fairly 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
0.49
Current Value
0.53
Quarterly Volatility
0.18674317
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Procaps Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Procaps Group's main balance sheet or income statement drivers, such as Tax Provision of 12.7 M, Depreciation And Amortization of 13 M or Interest Expense of 40.4 M, as well as many indicators such as Price To Sales Ratio of 2.92, Dividend Yield of 0.0 or Days Sales Outstanding of 87.22. Procaps financial statements analysis is a perfect complement when working with Procaps Group Valuation or Volatility modules.
  
Check out the analysis of Procaps Group Correlation against competitors.

Latest Procaps Group's Quick Ratio Growth Pattern

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

Procaps Quick Ratio Regression Statistics

Arithmetic Mean0.50
Geometric Mean0.48
Coefficient Of Variation37.08
Mean Deviation0.1
Median0.43
Standard Deviation0.19
Sample Variance0.03
Range0.7307
R-Value0.40
Mean Square Error0.03
R-Squared0.16
Significance0.14
Slope0.02
Total Sum of Squares0.49

Procaps Quick Ratio History

2024 0.53
2023 0.49
2022 0.54
2021 1.16
2020 0.5

About Procaps Group Financial Statements

Procaps Group investors use historical fundamental indicators, such as Procaps Group's Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Procaps Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.49  0.53 

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Additional Tools for Procaps Stock Analysis

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