Trevi Quick Ratio from 2010 to 2024

TRVI Stock  USD 2.88  0.04  1.37%   
Trevi Therapeutics' Quick Ratio is increasing with slightly volatile movements from year to year. Quick Ratio is estimated to finish at 15.78 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
15.03210852
Current Value
15.78
Quarterly Volatility
5.60089376
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trevi Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trevi Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 5 M, Discontinued Operations of 0.0 or Interest Expense of 696.1 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0407 or PTB Ratio of 1.69. Trevi financial statements analysis is a perfect complement when working with Trevi Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Trevi Therapeutics Correlation against competitors.
For more detail on how to invest in Trevi Stock please use our How to Invest in Trevi Therapeutics guide.

Latest Trevi Therapeutics' Quick Ratio Growth Pattern

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

Trevi Quick Ratio Regression Statistics

Arithmetic Mean4.98
Geometric Mean1.96
Coefficient Of Variation112.41
Mean Deviation4.78
Median2.98
Standard Deviation5.60
Sample Variance31.37
Range15.3685
R-Value0.86
Mean Square Error9.04
R-Squared0.73
Significance0.000047
Slope1.07
Total Sum of Squares439.18

Trevi Quick Ratio History

2024 15.78
2023 15.03
2022 9.15
2021 2.98
2020 8.17
2019 11.15
2018 6.5

About Trevi Therapeutics Financial Statements

Investors use fundamental indicators, such as Trevi Therapeutics' Quick Ratio, to determine how well the company is positioned to perform in the future. Although Trevi Therapeutics' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 15.03  15.78 

Currently Active Assets on Macroaxis

When determining whether Trevi Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trevi Therapeutics' 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 Trevi Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trevi Therapeutics Stock:
Check out the analysis of Trevi Therapeutics Correlation against competitors.
For more detail on how to invest in Trevi Stock please use our How to Invest in Trevi Therapeutics guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Pharmaceuticals 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 Trevi Therapeutics. If investors know Trevi 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 Trevi Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.44)
Return On Assets
(0.37)
Return On Equity
(0.60)
The market value of Trevi Therapeutics is measured differently than its book value, which is the value of Trevi that is recorded on the company's balance sheet. Investors also form their own opinion of Trevi Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Trevi Therapeutics' 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 Trevi Therapeutics' market value can be influenced by many factors that don't directly affect Trevi Therapeutics' 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 Trevi Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trevi Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trevi Therapeutics' 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.