Snail, Quick Ratio from 2010 to 2024

SNAL Stock   0.90  0.03  3.45%   
Snail, Quick Ratio yearly trend continues to be quite stable with very little volatility. The value of Quick Ratio is projected to decrease to 0.60. 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
0.79291906
Current Value
0.6
Quarterly Volatility
0.06088631
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snail, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snail,'s main balance sheet or income statement drivers, such as Interest Income of 242.8 K, Depreciation And Amortization of 1.7 M or Interest Expense of 754.3 K, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.12 or PTB Ratio of 3.29. Snail, financial statements analysis is a perfect complement when working with Snail, Valuation or Volatility modules.
  
Check out the analysis of Snail, Correlation against competitors.

Latest Snail,'s Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Snail, Class A 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. Snail,'s Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Snail,'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  

Snail, Quick Ratio Regression Statistics

Arithmetic Mean0.76
Geometric Mean0.75
Coefficient Of Variation8.05
Mean Deviation0.04
Median0.78
Standard Deviation0.06
Sample Variance0
Range0.2071
R-Value(0.42)
Mean Square Error0
R-Squared0.18
Significance0.12
Slope(0.01)
Total Sum of Squares0.05

Snail, Quick Ratio History

2024 0.6
2023 0.79
2022 0.81
2021 0.62

About Snail, Financial Statements

Snail, investors utilize fundamental indicators, such as Quick Ratio, to predict how Snail, 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 ReportedProjected for Next Year
Quick Ratio 0.79  0.60 

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When determining whether Snail, Class A is a strong investment it is important to analyze Snail,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Snail,'s future performance. For an informed investment choice regarding Snail, Stock, refer to the following important reports:
Check out the analysis of Snail, Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snail,. If investors know Snail, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snail, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.08
Revenue Per Share
1.997
Quarterly Revenue Growth
1.184
Return On Assets
(0.01)
Return On Equity
(0.46)
The market value of Snail, Class A is measured differently than its book value, which is the value of Snail, that is recorded on the company's balance sheet. Investors also form their own opinion of Snail,'s value that differs from its market value or its book value, called intrinsic value, which is Snail,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snail,'s market value can be influenced by many factors that don't directly affect Snail,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snail,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Snail, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snail,'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.