Teladoc Quick Ratio from 2010 to 2024

TDOC Stock  USD 11.43  0.06  0.53%   
Teladoc's Quick Ratio is increasing over the years with slightly volatile fluctuation. Overall, Quick Ratio is expected to go to 4.99 this year. 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
3.46999401
Current Value
4.99
Quarterly Volatility
2.36431377
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teladoc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teladoc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 368.9 M, Interest Expense of 25.1 M or Selling General Administrative of 236 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0 or PTB Ratio of 1.43. Teladoc financial statements analysis is a perfect complement when working with Teladoc Valuation or Volatility modules.
  
Check out the analysis of Teladoc Correlation against competitors.
For information on how to trade Teladoc Stock refer to our How to Trade Teladoc Stock guide.

Latest Teladoc's Quick Ratio Growth Pattern

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

Teladoc Quick Ratio Regression Statistics

Arithmetic Mean3.93
Geometric Mean3.27
Coefficient Of Variation60.22
Mean Deviation1.74
Median3.48
Standard Deviation2.36
Sample Variance5.59
Range7.2043
R-Value0.36
Mean Square Error5.23
R-Squared0.13
Significance0.19
Slope0.19
Total Sum of Squares78.26

Teladoc Quick Ratio History

2024 4.99
2023 3.47
2022 3.15
2021 3.48
2020 3.02
2019 6.52
2018 8.53

About Teladoc Financial Statements

Teladoc stakeholders use historical fundamental indicators, such as Teladoc's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Teladoc investors may analyze each financial statement separately, they are all interrelated. For example, changes in Teladoc's assets and liabilities are reflected in the revenues and expenses on Teladoc'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 Teladoc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 3.47  4.99 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Teladoc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teladoc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Teladoc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Teladoc Stock:
Check out the analysis of Teladoc Correlation against competitors.
For information on how to trade Teladoc Stock refer to our How to Trade Teladoc Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Technology 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 Teladoc. If investors know Teladoc 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 Teladoc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.78)
Revenue Per Share
15.333
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.03)
Return On Equity
(0.52)
The market value of Teladoc is measured differently than its book value, which is the value of Teladoc that is recorded on the company's balance sheet. Investors also form their own opinion of Teladoc's value that differs from its market value or its book value, called intrinsic value, which is Teladoc'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 Teladoc's market value can be influenced by many factors that don't directly affect Teladoc'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 Teladoc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teladoc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teladoc'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.