Verona Quick Ratio from 2010 to 2024

VRNA Stock  USD 39.68  0.87  2.24%   
Verona Pharma's Quick Ratio is decreasing over the years with stable fluctuation. Quick Ratio is expected to dwindle to 18.74. 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
33.33041866
Current Value
18.74
Quarterly Volatility
20.36933192
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Verona Pharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Verona Pharma's main balance sheet or income statement drivers, such as Interest Expense of 2.2 M, Selling General Administrative of 45.9 M or Other Operating Expenses of 71.2 M, as well as many indicators such as Price To Sales Ratio of 4.1 K, Dividend Yield of 0.0 or PTB Ratio of 6.01. Verona financial statements analysis is a perfect complement when working with Verona Pharma Valuation or Volatility modules.
  
Check out the analysis of Verona Pharma Correlation against competitors.

Latest Verona Pharma's Quick Ratio Growth Pattern

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

Verona Quick Ratio Regression Statistics

Arithmetic Mean16.07
Geometric Mean9.67
Coefficient Of Variation126.77
Mean Deviation12.44
Median10.13
Standard Deviation20.37
Sample Variance414.91
Range81.0073
R-Value(0.25)
Mean Square Error418.11
R-Squared0.06
Significance0.36
Slope(1.15)
Total Sum of Squares5,809

Verona Quick Ratio History

2024 18.74
2023 33.33
2022 12.64
2021 4.97
2020 13.94
2019 3.98
2018 7.01

About Verona Pharma Financial Statements

Verona Pharma stakeholders use historical fundamental indicators, such as Verona Pharma's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Verona Pharma investors may analyze each financial statement separately, they are all interrelated. For example, changes in Verona Pharma's assets and liabilities are reflected in the revenues and expenses on Verona Pharma's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Verona Pharma PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 33.33  18.74 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Verona Pharma PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Verona Pharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Verona Pharma Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Verona Pharma Plc Stock:
Check out the analysis of Verona Pharma Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Pharmaceuticals 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 Verona Pharma. If investors know Verona 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 Verona Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.00)
Revenue Per Share
0.07
Return On Assets
(0.28)
Return On Equity
(0.78)
The market value of Verona Pharma PLC is measured differently than its book value, which is the value of Verona that is recorded on the company's balance sheet. Investors also form their own opinion of Verona Pharma's value that differs from its market value or its book value, called intrinsic value, which is Verona Pharma'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 Verona Pharma's market value can be influenced by many factors that don't directly affect Verona Pharma'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 Verona Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verona Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verona Pharma'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.