Ucloudlink Current Ratio from 2010 to 2024

UCL Stock  USD 1.25  0.03  2.34%   
Ucloudlink Current Ratio yearly trend continues to be quite stable with very little volatility. Current Ratio may rise above 1.83 this year. 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
1.25289472
Current Value
1.83
Quarterly Volatility
0.7188614
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ucloudlink financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ucloudlink's main balance sheet or income statement drivers, such as Tax Provision of 112.7 K, Interest Income of 43.7 K or Depreciation And Amortization of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0 or PTB Ratio of 7.56. Ucloudlink financial statements analysis is a perfect complement when working with Ucloudlink Valuation or Volatility modules.
  
Check out the analysis of Ucloudlink Correlation against competitors.

Latest Ucloudlink's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Ucloudlink 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. Ucloudlink's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ucloudlink's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.94 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Ucloudlink Current Ratio Regression Statistics

Arithmetic Mean2.22
Geometric Mean2.10
Coefficient Of Variation32.34
Mean Deviation0.66
Median2.84
Standard Deviation0.72
Sample Variance0.52
Range1.7882
R-Value(0.86)
Mean Square Error0.15
R-Squared0.73
Significance0.000046
Slope(0.14)
Total Sum of Squares7.23

Ucloudlink Current Ratio History

2024 1.83
2023 1.25
2022 1.13
2021 1.05
2020 1.77
2019 1.79
2018 1.82

About Ucloudlink Financial Statements

Ucloudlink investors utilize fundamental indicators, such as Current Ratio, to predict how Ucloudlink Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.25  1.83 

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When determining whether Ucloudlink Group is a strong investment it is important to analyze Ucloudlink'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 Ucloudlink's future performance. For an informed investment choice regarding Ucloudlink Stock, refer to the following important reports:
Check out the analysis of Ucloudlink Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Diversified Telecommunication Services 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 Ucloudlink. If investors know Ucloudlink 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 Ucloudlink 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
(0.80)
Earnings Share
0.17
Revenue Per Share
2.3
Quarterly Revenue Growth
0.017
Return On Assets
0.0837
The market value of Ucloudlink Group is measured differently than its book value, which is the value of Ucloudlink that is recorded on the company's balance sheet. Investors also form their own opinion of Ucloudlink's value that differs from its market value or its book value, called intrinsic value, which is Ucloudlink'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 Ucloudlink's market value can be influenced by many factors that don't directly affect Ucloudlink'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 Ucloudlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ucloudlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ucloudlink'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.