SIBN Quick Ratio from 2010 to 2026
| SIBN Stock | USD 15.46 0.28 1.78% |
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 5.99 | Current Value 5.47 | Quarterly Volatility 4.31034701 |
Check Si Bone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Si Bone's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.3 M, Selling General Administrative of 19.8 M or Selling And Marketing Expenses of 71.3 M, as well as many indicators such as Price To Sales Ratio of 4.66, Dividend Yield of 0.0 or PTB Ratio of 3.8. SIBN financial statements analysis is a perfect complement when working with Si Bone Valuation or Volatility modules.
SIBN | Quick Ratio | Build AI portfolio with SIBN Stock |
Evaluating Si Bone's Quick Ratio across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Si Bone's fundamental strength.
Latest Si Bone's Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of Si Bone 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. Si Bone's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Si Bone's overall financial position and show how it may be relating to other accounts over time.
| Quick Ratio | 10 Years Trend |
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Quick Ratio |
| Timeline |
SIBN Quick Ratio Regression Statistics
| Arithmetic Mean | 5.77 | |
| Geometric Mean | 4.42 | |
| Coefficient Of Variation | 74.75 | |
| Mean Deviation | 3.11 | |
| Median | 5.47 | |
| Standard Deviation | 4.31 | |
| Sample Variance | 18.58 | |
| Range | 14.2934 | |
| R-Value | 0.52 | |
| Mean Square Error | 14.44 | |
| R-Squared | 0.27 | |
| Significance | 0.03 | |
| Slope | 0.44 | |
| Total Sum of Squares | 297.27 |
SIBN Quick Ratio History
About Si Bone Financial Statements
Si Bone investors utilize fundamental indicators, such as Quick Ratio, to predict how SIBN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Quick Ratio | 5.99 | 5.47 |
Pair Trading with Si Bone
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Si Bone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Si Bone will appreciate offsetting losses from the drop in the long position's value.Moving together with SIBN Stock
| 0.78 | IL3 | Integra LifeSciences Earnings Call This Week | PairCorr |
| 0.81 | EW | Edwards Lifesciences Corp Sell-off Trend | PairCorr |
Moving against SIBN Stock
| 0.8 | HYB | HOYA | PairCorr |
| 0.68 | VREX | Varex Imaging Corp | PairCorr |
| 0.63 | EDAP | EDAP TMS SA | PairCorr |
| 0.59 | ECOR | Electrocore LLC | PairCorr |
| 0.59 | EKSO | Ekso Bionics Holdings Trending | PairCorr |
The ability to find closely correlated positions to Si Bone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Si Bone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Si Bone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Si Bone to buy it.
The correlation of Si Bone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Si Bone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Si Bone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Si Bone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Si Bone Correlation against competitors. To learn how to invest in SIBN Stock, please use our How to Invest in Si Bone guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Will Health Care Equipment & Supplies sector continue expanding? Could SIBN diversify its offerings? Factors like these will boost the valuation of Si Bone. If investors know SIBN will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Si Bone data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.51) | Revenue Per Share | Quarterly Revenue Growth 0.206 | Return On Assets | Return On Equity |
Si Bone's market price often diverges from its book value, the accounting figure shown on SIBN's balance sheet. Smart investors calculate Si Bone's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Si Bone's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Si Bone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Si Bone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Si Bone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.