ULS Quick Ratio from 2010 to 2024

ULS Stock   53.65  0.73  1.34%   
UL Solutions Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average 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
1.34414669
Current Value
2.11
Quarterly Volatility
0.35416712
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check UL Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among UL Solutions' main balance sheet or income statement drivers, such as Depreciation And Amortization of 158.9 M, Interest Expense of 36.8 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 3.12, Dividend Yield of 0.0571 or PTB Ratio of 11.22. ULS financial statements analysis is a perfect complement when working with UL Solutions Valuation or Volatility modules.
  
Check out the analysis of UL Solutions Correlation against competitors.
For more information on how to buy ULS Stock please use our How to Invest in UL Solutions guide.

Latest UL Solutions' Quick Ratio Growth Pattern

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

ULS Quick Ratio Regression Statistics

Arithmetic Mean2.24
Geometric Mean2.21
Coefficient Of Variation15.82
Mean Deviation0.24
Median2.38
Standard Deviation0.35
Sample Variance0.13
Range1.1798
R-Value(0.55)
Mean Square Error0.09
R-Squared0.30
Significance0.03
Slope(0.04)
Total Sum of Squares1.76

ULS Quick Ratio History

2024 2.11
2023 1.34
2022 1.44
2021 2.52

About UL Solutions Financial Statements

UL Solutions shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although UL Solutions investors may analyze each financial statement separately, they are all interrelated. The changes in UL Solutions' assets and liabilities, for example, are also reflected in the revenues and expenses on on UL Solutions' 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 1.34  2.11 

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Additional Tools for ULS Stock Analysis

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