Ageagle Quick Ratio from 2010 to 2024

UAVS Stock  USD 3.49  0.29  9.06%   
Ageagle Aerial Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.31 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
0.3261039
Current Value
0.31
Quarterly Volatility
3.33344723
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ageagle Aerial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ageagle Aerial's main balance sheet or income statement drivers, such as Interest Expense of 585.1 K, Selling General Administrative of 14.3 M or Total Revenue of 14.4 M, as well as many indicators such as Price To Sales Ratio of 38.29, Dividend Yield of 5.0E-4 or PTB Ratio of 54.36. Ageagle financial statements analysis is a perfect complement when working with Ageagle Aerial Valuation or Volatility modules.
  
Check out the analysis of Ageagle Aerial Correlation against competitors.

Latest Ageagle Aerial's Quick Ratio Growth Pattern

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

Ageagle Quick Ratio Regression Statistics

Arithmetic Mean2.13
Geometric Mean0.68
Coefficient Of Variation156.82
Mean Deviation2.13
Median1.11
Standard Deviation3.33
Sample Variance11.11
Range11.2977
R-Value0.18
Mean Square Error11.59
R-Squared0.03
Significance0.52
Slope0.13
Total Sum of Squares155.57

Ageagle Quick Ratio History

2024 0.31
2023 0.33
2022 1.44
2021 1.11
2020 11.3
2019 1.74
2018 8.93

About Ageagle Aerial Financial Statements

Ageagle Aerial shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Ageagle Aerial investors may analyze each financial statement separately, they are all interrelated. The changes in Ageagle Aerial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ageagle Aerial'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 0.33  0.31 

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Additional Tools for Ageagle Stock Analysis

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