SHF Quick Ratio from 2010 to 2024

SHFS Stock  USD 0.43  0.03  7.50%   
SHF Holdings Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 7.31 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
7.6921001
Current Value
7.31
Quarterly Volatility
26.06507629
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SHF Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SHF Holdings' main balance sheet or income statement drivers, such as Net Interest Income of 161.4 K, Interest Income of 2.6 M or Depreciation And Amortization of 1.4 M, as well as many indicators such as Price To Sales Ratio of 3.0, Dividend Yield of 0.0 or PTB Ratio of 1.67. SHF financial statements analysis is a perfect complement when working with SHF Holdings Valuation or Volatility modules.
  
Check out the analysis of SHF Holdings Correlation against competitors.
For more information on how to buy SHF Stock please use our How to Invest in SHF Holdings guide.

Latest SHF Holdings' Quick Ratio Growth Pattern

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

SHF Quick Ratio Regression Statistics

Arithmetic Mean27.23
Geometric Mean17.64
Coefficient Of Variation95.71
Mean Deviation11.90
Median25.16
Standard Deviation26.07
Sample Variance679.39
Range116
R-Value0.01
Mean Square Error731.61
R-Squared0.000046
Significance0.98
Slope0.04
Total Sum of Squares9,511

SHF Quick Ratio History

2024 7.31
2023 7.69
2022 0.3
2021 116.45

About SHF Holdings Financial Statements

SHF Holdings shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although SHF Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in SHF Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on SHF Holdings' 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 7.69  7.31 

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Additional Tools for SHF Stock Analysis

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