Software Current Ratio from 2010 to 2024

SWAG Stock  USD 1.12  0.01  0.90%   
Software Acquisition's Current Ratio is increasing over the last several years with slightly volatile swings. Current Ratio is predicted to flatten to 2.34. 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
2.94494831
Current Value
2.34
Quarterly Volatility
1.45630206
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Software Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Software Acquisition's main balance sheet or income statement drivers, such as Net Interest Income of 599.7 K, Interest Income of 598.9 K or Depreciation And Amortization of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0 or PTB Ratio of 0.66. Software financial statements analysis is a perfect complement when working with Software Acquisition Valuation or Volatility modules.
  
Check out the analysis of Software Acquisition Correlation against competitors.

Latest Software Acquisition's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Software Acquisition Group 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. Software Acquisition's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Software Acquisition's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.25 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Software Current Ratio Regression Statistics

Arithmetic Mean1.72
Geometric Mean1.39
Coefficient Of Variation84.59
Mean Deviation1.06
Median0.98
Standard Deviation1.46
Sample Variance2.12
Range5.0912
R-Value0.60
Mean Square Error1.46
R-Squared0.36
Significance0.02
Slope0.20
Total Sum of Squares29.69

Software Current Ratio History

2024 2.34
2023 2.94
2022 3.48
2021 6.07
2020 1.16

About Software Acquisition Financial Statements

Software Acquisition stakeholders use historical fundamental indicators, such as Software Acquisition's Current Ratio, to determine how well the company is positioned to perform in the future. Although Software Acquisition investors may analyze each financial statement separately, they are all interrelated. For example, changes in Software Acquisition's assets and liabilities are reflected in the revenues and expenses on Software Acquisition's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Software Acquisition Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.94  2.34 

Currently Active Assets on Macroaxis

When determining whether Software Acquisition is a strong investment it is important to analyze Software Acquisition'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 Software Acquisition's future performance. For an informed investment choice regarding Software Stock, refer to the following important reports:
Check out the analysis of Software Acquisition Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 Software Acquisition. If investors know Software 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 Software Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Revenue Per Share
4.098
Quarterly Revenue Growth
0.275
Return On Assets
(0.01)
Return On Equity
0.0009
The market value of Software Acquisition is measured differently than its book value, which is the value of Software that is recorded on the company's balance sheet. Investors also form their own opinion of Software Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Software Acquisition'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 Software Acquisition's market value can be influenced by many factors that don't directly affect Software Acquisition'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 Software Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Software Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Software Acquisition'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.