Synlogic Quick Ratio from 2010 to 2024

SYBX Stock  USD 1.40  0.01  0.72%   
Synlogic Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 2.32 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
2.44594197
Current Value
2.32
Quarterly Volatility
6.96680769
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synlogic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synlogic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 950 or Selling General Administrative of 11.5 M, as well as many indicators such as Price To Sales Ratio of 7.05, Dividend Yield of 0.0 or PTB Ratio of 0.56. Synlogic financial statements analysis is a perfect complement when working with Synlogic Valuation or Volatility modules.
  
Check out the analysis of Synlogic Correlation against competitors.
For more information on how to buy Synlogic Stock please use our How to Invest in Synlogic guide.

Latest Synlogic's Quick Ratio Growth Pattern

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

Synlogic Quick Ratio Regression Statistics

Arithmetic Mean13.26
Geometric Mean10.73
Coefficient Of Variation52.53
Mean Deviation5.69
Median14.34
Standard Deviation6.97
Sample Variance48.54
Range19.9111
R-Value(0.73)
Mean Square Error24.71
R-Squared0.53
Significance0
Slope(1.13)
Total Sum of Squares679.51

Synlogic Quick Ratio History

2024 2.32
2023 2.45
2022 6.58
2021 13.55
2020 12.1
2019 14.34
2018 14.71

About Synlogic Financial Statements

Synlogic investors use historical fundamental indicators, such as Synlogic'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 Synlogic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 2.45  2.32 

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Additional Tools for Synlogic Stock Analysis

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