Quipt Quick Ratio from 2010 to 2024

QIPT Stock  USD 2.68  0.23  9.39%   
Quipt Home Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.85 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
0.89
Current Value
0.85
Quarterly Volatility
5.67874341
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quipt Home financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quipt Home's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.5 M, Ebit of 3.7 M or EBITDA of 53.2 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0 or PTB Ratio of 1.59. Quipt financial statements analysis is a perfect complement when working with Quipt Home Valuation or Volatility modules.
  
Check out the analysis of Quipt Home Correlation against competitors.

Latest Quipt Home's Quick Ratio Growth Pattern

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

Quipt Quick Ratio Regression Statistics

Arithmetic Mean3.04
Geometric Mean1.69
Coefficient Of Variation187.07
Mean Deviation2.73
Median1.47
Standard Deviation5.68
Sample Variance32.25
Range22.7457
R-Value(0.51)
Mean Square Error25.76
R-Squared0.26
Significance0.05
Slope(0.65)
Total Sum of Squares451.47

Quipt Quick Ratio History

2024 0.85
2023 0.89
2022 0.78
2021 0.62
2020 1.47
2019 1.59
2018 1.37

About Quipt Home Financial Statements

Quipt Home shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Quipt Home investors may analyze each financial statement separately, they are all interrelated. The changes in Quipt Home's assets and liabilities, for example, are also reflected in the revenues and expenses on on Quipt Home'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 0.89  0.85 

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Additional Tools for Quipt Stock Analysis

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