Western Quick Ratio from 2010 to 2024

WAVS Stock  USD 11.05  0.37  3.24%   
Western Acquisition Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.03 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
0.03567937
Current Value
0.0339
Quarterly Volatility
0.2198842
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.5 K, Interest Expense of 1.9 K or Selling General Administrative of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 398. Western financial statements analysis is a perfect complement when working with Western Acquisition Valuation or Volatility modules.
  
Check out the analysis of Western Acquisition Correlation against competitors.

Latest Western Acquisition's Quick Ratio Growth Pattern

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

Western Quick Ratio Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.02
Coefficient Of Variation303.67
Mean Deviation0.11
Median0.01
Standard Deviation0.22
Sample Variance0.05
Range0.8543
R-Value0.33
Mean Square Error0.05
R-Squared0.11
Significance0.23
Slope0.02
Total Sum of Squares0.68

Western Quick Ratio History

2024 0.0339
2023 0.0357
2022 0.87

About Western Acquisition Financial Statements

Western Acquisition shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Western Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Western Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Western Acquisition'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
Quick Ratio 0.04  0.03 

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Additional Tools for Western Stock Analysis

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