Pyxis Quick Ratio from 2010 to 2024

PXS Stock  USD 3.77  0.04  1.05%   
Pyxis Tankers Quick Ratio yearly trend continues to be comparatively 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
5.94238397
Current Value
6.24
Quarterly Volatility
2.00564547
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pyxis Tankers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pyxis Tankers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6 M, Interest Expense of 3.9 M or Selling General Administrative of 3.3 M, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0188 or PTB Ratio of 0.44. Pyxis financial statements analysis is a perfect complement when working with Pyxis Tankers Valuation or Volatility modules.
  
Check out the analysis of Pyxis Tankers Correlation against competitors.
For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.

Latest Pyxis Tankers' Quick Ratio Growth Pattern

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

Pyxis Quick Ratio Regression Statistics

Arithmetic Mean1.23
Geometric Mean0.55
Coefficient Of Variation163.18
Mean Deviation1.34
Median0.47
Standard Deviation2.01
Sample Variance4.02
Range6.0633
R-Value0.68
Mean Square Error2.30
R-Squared0.47
Significance0
Slope0.31
Total Sum of Squares56.32

Pyxis Quick Ratio History

2024 6.24
2023 5.94
2022 1.53
2021 0.77
2020 0.57
2019 0.74
2018 0.26

About Pyxis Tankers Financial Statements

Pyxis Tankers shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Pyxis Tankers investors may analyze each financial statement separately, they are all interrelated. The changes in Pyxis Tankers' assets and liabilities, for example, are also reflected in the revenues and expenses on on Pyxis Tankers' 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 5.94  6.24 

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Additional Tools for Pyxis Stock Analysis

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