Soligenix Current Ratio from 2010 to 2024

SNGX Stock  USD 3.31  0.05  1.49%   
Soligenix Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.47 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.54537599
Current Value
1.47
Quarterly Volatility
4.40487769
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Soligenix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Soligenix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.2 K, Interest Expense of 76.7 K or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 6.65, Dividend Yield of 0.0028 or PTB Ratio of 2.45. Soligenix financial statements analysis is a perfect complement when working with Soligenix Valuation or Volatility modules.
  
Check out the analysis of Soligenix Correlation against competitors.
For more information on how to buy Soligenix Stock please use our How to Invest in Soligenix guide.

Latest Soligenix's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Soligenix over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Soligenix's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Soligenix's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.36 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Soligenix Current Ratio Regression Statistics

Arithmetic Mean3.39
Geometric Mean2.22
Coefficient Of Variation129.93
Mean Deviation2.36
Median2.46
Standard Deviation4.40
Sample Variance19.40
Range17.7938
R-Value(0.48)
Mean Square Error16.07
R-Squared0.23
Significance0.07
Slope(0.47)
Total Sum of Squares271.64

Soligenix Current Ratio History

2024 1.47
2023 1.55
2022 0.84
2021 4.22
2020 3.2
2019 1.19
2018 2.46

About Soligenix Financial Statements

Soligenix investors use historical fundamental indicators, such as Soligenix's Current 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 Soligenix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.55  1.47 

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Additional Tools for Soligenix Stock Analysis

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