Synaptogenix Quick Ratio from 2010 to 2024

SNPX Stock  USD 2.60  0.03  1.17%   
Synaptogenix Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 6.78 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
7.13971269
Current Value
6.78
Quarterly Volatility
8.93014272
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synaptogenix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synaptogenix's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 1.6 M or Interest Income of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.21 or PTB Ratio of 0.12. Synaptogenix financial statements analysis is a perfect complement when working with Synaptogenix Valuation or Volatility modules.
  
Check out the analysis of Synaptogenix Correlation against competitors.
For more information on how to buy Synaptogenix Stock please use our How to Invest in Synaptogenix guide.

Latest Synaptogenix's Quick Ratio Growth Pattern

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

Synaptogenix Quick Ratio Regression Statistics

Arithmetic Mean12.82
Geometric Mean10.93
Coefficient Of Variation69.68
Mean Deviation6.14
Median9.96
Standard Deviation8.93
Sample Variance79.75
Range33.1424
R-Value0.23
Mean Square Error81.48
R-Squared0.05
Significance0.42
Slope0.45
Total Sum of Squares1,116

Synaptogenix Quick Ratio History

2024 6.78
2023 7.14
2022 29.39
2021 17.8
2020 4.17
2019 37.32

About Synaptogenix Financial Statements

Synaptogenix investors use historical fundamental indicators, such as Synaptogenix's 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 Synaptogenix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 7.14  6.78 

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Additional Tools for Synaptogenix Stock Analysis

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