SKYX Quick Ratio from 2010 to 2024

SKYX Stock  USD 1.05  0.05  5.00%   
SKYX Platforms Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.82 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
0.98758176
Current Value
0.82
Quarterly Volatility
1.17026967
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SKYX Platforms financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SKYX Platforms' main balance sheet or income statement drivers, such as Depreciation And Amortization of 953.5 K, Interest Expense of 3.3 M or Selling General Administrative of 38.9 M, as well as many indicators such as Price To Sales Ratio of 2.28, Dividend Yield of 1.0E-4 or PTB Ratio of 9.14. SKYX financial statements analysis is a perfect complement when working with SKYX Platforms Valuation or Volatility modules.
  
Check out the analysis of SKYX Platforms Correlation against competitors.

Latest SKYX Platforms' Quick Ratio Growth Pattern

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

SKYX Quick Ratio Regression Statistics

Arithmetic Mean0.95
Geometric Mean0.25
Coefficient Of Variation123.10
Mean Deviation0.90
Median0.39
Standard Deviation1.17
Sample Variance1.37
Range3.9664
R-Value0.61
Mean Square Error0.93
R-Squared0.37
Significance0.02
Slope0.16
Total Sum of Squares19.17

SKYX Quick Ratio History

2024 0.82
2023 0.99
2022 1.94
2021 3.97
2020 1.05
2018 2.26
2017 0.19

About SKYX Platforms Financial Statements

SKYX Platforms investors use historical fundamental indicators, such as SKYX Platforms' Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SKYX Platforms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.99  0.82 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for SKYX Stock Analysis

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