USGO Quick Ratio from 2010 to 2026
| USGO Stock | 9.26 0.48 5.47% |
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 8.75 | Current Value 5.32 | Quarterly Volatility 6.35486824 |
Check US GoldMining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among US GoldMining's main balance sheet or income statement drivers, such as Tax Provision of 6 K, Depreciation And Amortization of 173.6 K or Selling General Administrative of 2.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 26.26. USGO financial statements analysis is a perfect complement when working with US GoldMining Valuation or Volatility modules.
USGO | Quick Ratio | Build AI portfolio with USGO Stock |
Latest US GoldMining's Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of US GoldMining Common 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. US GoldMining's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in US GoldMining's overall financial position and show how it may be relating to other accounts over time.
| Quick Ratio | 10 Years Trend |
|
Quick Ratio |
| Timeline |
USGO Quick Ratio Regression Statistics
| Arithmetic Mean | 3.37 | |
| Geometric Mean | 0.16 | |
| Coefficient Of Variation | 188.76 | |
| Mean Deviation | 4.71 | |
| Median | 0.02 | |
| Standard Deviation | 6.35 | |
| Sample Variance | 40.38 | |
| Range | 23.3247 | |
| R-Value | 0.59 | |
| Mean Square Error | 28.01 | |
| R-Squared | 0.35 | |
| Significance | 0.01 | |
| Slope | 0.74 | |
| Total Sum of Squares | 646.15 |
USGO Quick Ratio History
About US GoldMining Financial Statements
US GoldMining investors utilize fundamental indicators, such as Quick Ratio, to predict how USGO 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 Reported | Projected for Next Year | ||
| Quick Ratio | 8.75 | 5.32 |
Check out the analysis of US GoldMining Correlation against competitors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Diversified Metals & Mining 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 US GoldMining. If investors know USGO 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 US GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of US GoldMining Common is measured differently than its book value, which is the value of USGO that is recorded on the company's balance sheet. Investors also form their own opinion of US GoldMining's value that differs from its market value or its book value, called intrinsic value, which is US GoldMining'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 US GoldMining's market value can be influenced by many factors that don't directly affect US GoldMining'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 US GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if US GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US GoldMining'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.