Sellas Quick Ratio from 2010 to 2024

SLS Stock  USD 1.17  0.03  2.50%   
Sellas Life Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.22 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
0.23094285
Current Value
0.22
Quarterly Volatility
2.23075731
 
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Yuan Drop
 
Covid
Check Sellas Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sellas Life's main balance sheet or income statement drivers, such as Interest Expense of 806.9 K, Other Operating Expenses of 28.8 M or Research Development of 16.3 M, as well as many indicators such as Price To Sales Ratio of 60.05, Dividend Yield of 0.037 or Days Sales Outstanding of 78.69. Sellas financial statements analysis is a perfect complement when working with Sellas Life Valuation or Volatility modules.
  
Check out the analysis of Sellas Life Correlation against competitors.

Latest Sellas Life's Quick Ratio Growth Pattern

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

Sellas Quick Ratio Regression Statistics

Arithmetic Mean1.92
Geometric Mean1.21
Coefficient Of Variation116.47
Mean Deviation1.47
Median1.14
Standard Deviation2.23
Sample Variance4.98
Range8.6448
R-Value(0.36)
Mean Square Error4.67
R-Squared0.13
Significance0.19
Slope(0.18)
Total Sum of Squares69.67

Sellas Quick Ratio History

2024 0.22
2023 0.23
2022 1.14
2021 4.63
2020 2.96
2019 1.45
2018 0.98

About Sellas Life Financial Statements

Sellas Life shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Sellas Life investors may analyze each financial statement separately, they are all interrelated. The changes in Sellas Life's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sellas Life'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 0.23  0.22 

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Additional Tools for Sellas Stock Analysis

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