Universal Current Ratio from 2010 to 2024

UUU Stock  USD 2.19  0.02  0.92%   
Universal Security Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. 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
2.34105184
Current Value
2.93
Quarterly Volatility
3.92322621
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Security financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Security's main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.5 K, Interest Expense of 147.9 K or Total Revenue of 15.1 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.68. Universal financial statements analysis is a perfect complement when working with Universal Security Valuation or Volatility modules.
  
Check out the analysis of Universal Security Correlation against competitors.

Latest Universal Security's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Universal Security Instruments 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. Universal Security's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Security's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.65 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Universal Current Ratio Regression Statistics

Arithmetic Mean4.53
Geometric Mean3.43
Coefficient Of Variation86.55
Mean Deviation2.99
Median2.89
Standard Deviation3.92
Sample Variance15.39
Range12.8536
R-Value(0.58)
Mean Square Error11.06
R-Squared0.33
Significance0.02
Slope(0.51)
Total Sum of Squares215.48

Universal Current Ratio History

2024 2.93
2023 2.34
2022 2.8
2021 1.68
2020 4.28
2019 2.86
2018 1.29

About Universal Security Financial Statements

Universal Security shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Universal Security investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Security's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Security'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
Current Ratio 2.34  2.93 

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Additional Tools for Universal Stock Analysis

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