Viking Quick Ratio from 2010 to 2024

VIK Stock   45.78  0.44  0.97%   
Viking Holdings Quick Ratio yearly trend continues to be quite stable with very little volatility. Quick Ratio may rise above 0.65 this year. 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
0.52659083
Current Value
0.65
Quarterly Volatility
0.06719924
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Viking Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Viking Holdings' main balance sheet or income statement drivers, such as Tax Provision of 7.5 M, Interest Income of 50.4 M or Depreciation And Amortization of 268.5 M, as well as many indicators such as Price To Sales Ratio of 2.27, Dividend Yield of 0.0048 or Days Sales Outstanding of 26.28. Viking financial statements analysis is a perfect complement when working with Viking Holdings Valuation or Volatility modules.
  
Check out the analysis of Viking Holdings Correlation against competitors.
For more information on how to buy Viking Stock please use our How to buy in Viking Stock guide.

Latest Viking Holdings' Quick Ratio Growth Pattern

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

Viking Quick Ratio Regression Statistics

Arithmetic Mean0.68
Geometric Mean0.68
Coefficient Of Variation9.85
Mean Deviation0.05
Median0.71
Standard Deviation0.07
Sample Variance0
Range0.1951
R-Value(0.60)
Mean Square Error0
R-Squared0.36
Significance0.02
Slope(0.01)
Total Sum of Squares0.06

Viking Quick Ratio History

2024 0.65
2023 0.53
2022 0.52

About Viking Holdings Financial Statements

Viking Holdings investors utilize fundamental indicators, such as Quick Ratio, to predict how Viking 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
Quick Ratio 0.53  0.65 

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When determining whether Viking Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Viking Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Viking Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Viking Holdings Stock:
Check out the analysis of Viking Holdings Correlation against competitors.
For more information on how to buy Viking Stock please use our How to buy in Viking Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Hotels, Resorts & Cruise Lines 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 Viking Holdings. If investors know Viking 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 Viking Holdings 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
(0.19)
Earnings Share
(4.84)
Revenue Per Share
19.143
Quarterly Revenue Growth
0.091
The market value of Viking Holdings is measured differently than its book value, which is the value of Viking that is recorded on the company's balance sheet. Investors also form their own opinion of Viking Holdings' value that differs from its market value or its book value, called intrinsic value, which is Viking Holdings' 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 Viking Holdings' market value can be influenced by many factors that don't directly affect Viking Holdings' 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 Viking Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Viking Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viking Holdings' 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.