Sprout Quick Ratio from 2010 to 2024

SPT Stock  USD 32.02  0.33  1.04%   
Sprout Social Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average 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
1.0823248
Current Value
1.5
Quarterly Volatility
0.96111397
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sprout Social financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sprout Social's main balance sheet or income statement drivers, such as Tax Provision of 681.5 K, Net Interest Income of 4.5 M or Interest Income of 7.4 M, as well as many indicators such as Price To Sales Ratio of 8.95, Dividend Yield of 0.0 or PTB Ratio of 24.9. Sprout financial statements analysis is a perfect complement when working with Sprout Social Valuation or Volatility modules.
  
Check out the analysis of Sprout Social Correlation against competitors.
For more information on how to buy Sprout Stock please use our How to Invest in Sprout Social guide.

Latest Sprout Social's Quick Ratio Growth Pattern

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

Sprout Quick Ratio Regression Statistics

Arithmetic Mean1.24
Geometric Mean0.98
Coefficient Of Variation77.39
Mean Deviation0.74
Median0.57
Standard Deviation0.96
Sample Variance0.92
Range2.952
R-Value0.58
Mean Square Error0.66
R-Squared0.34
Significance0.02
Slope0.13
Total Sum of Squares12.93

Sprout Quick Ratio History

2024 1.5
2023 1.08
2022 1.62
2021 2.12
2020 3.0
2019 3.52
2018 1.26

About Sprout Social Financial Statements

Sprout Social shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Sprout Social investors may analyze each financial statement separately, they are all interrelated. The changes in Sprout Social's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sprout Social'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 1.08  1.50 

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Additional Tools for Sprout Stock Analysis

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