Pintec Quick Ratio from 2010 to 2024

PT Stock  USD 0.96  0.02  2.04%   
Pintec Technology Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.21 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
0.22158121
Current Value
0.21
Quarterly Volatility
0.29630304
 
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Yuan Drop
 
Covid
Check Pintec Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pintec Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 4.2 M or Selling General Administrative of 21.5 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or Days Sales Outstanding of 10.32. Pintec financial statements analysis is a perfect complement when working with Pintec Technology Valuation or Volatility modules.
  
Check out the analysis of Pintec Technology Correlation against competitors.

Latest Pintec Technology's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Pintec Technology Holdings 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. Pintec Technology's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pintec Technology'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  

Pintec Quick Ratio Regression Statistics

Arithmetic Mean0.84
Geometric Mean0.76
Coefficient Of Variation35.47
Mean Deviation0.21
Median0.92
Standard Deviation0.30
Sample Variance0.09
Range1.1427
R-Value(0.54)
Mean Square Error0.07
R-Squared0.29
Significance0.04
Slope(0.04)
Total Sum of Squares1.23

Pintec Quick Ratio History

2024 0.21
2023 0.22
2022 0.69
2021 0.93
2020 1.0
2019 0.65
2018 1.35

About Pintec Technology Financial Statements

Pintec Technology shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Pintec Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Pintec Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Pintec Technology's 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 0.22  0.21 

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Additional Tools for Pintec Stock Analysis

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