Vertex Quick Ratio from 2010 to 2024

VRTX Stock  USD 450.97  0.60  0.13%   
Vertex Pharmaceuticals Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 3.59 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
3.77893669
Current Value
3.59
Quarterly Volatility
53.69466082
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Vertex Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vertex Pharmaceuticals' main balance sheet or income statement drivers, such as Total Revenue of 10.4 B, Gross Profit of 9 B or Other Operating Expenses of 6.3 B, as well as many indicators such as Price To Sales Ratio of 10.09, Dividend Yield of 0.0 or PTB Ratio of 7.46. Vertex financial statements analysis is a perfect complement when working with Vertex Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Vertex Pharmaceuticals Correlation against competitors.
For more information on how to buy Vertex Stock please use our How to Invest in Vertex Pharmaceuticals guide.

Latest Vertex Pharmaceuticals' Quick Ratio Growth Pattern

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

Vertex Quick Ratio Regression Statistics

Arithmetic Mean17.58
Geometric Mean4.67
Coefficient Of Variation305.43
Mean Deviation25.87
Median3.78
Standard Deviation53.69
Sample Variance2,883
Range210
R-Value(0.05)
Mean Square Error3,097
R-Squared0
Significance0.86
Slope(0.62)
Total Sum of Squares40,364

Vertex Quick Ratio History

2024 3.59
2023 3.78
2022 5.03
2021 4.62
2020 4.84
2019 3.69
2018 5.0

About Vertex Pharmaceuticals Financial Statements

Vertex Pharmaceuticals investors use historical fundamental indicators, such as Vertex Pharmaceuticals' Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Vertex Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 3.78  3.59 

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Additional Tools for Vertex Stock Analysis

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