Wearable Current Ratio from 2010 to 2024

WLDS Stock  USD 1.88  0.43  29.66%   
Wearable Devices Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 2.58 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
3.77628635
Current Value
2.58
Quarterly Volatility
2.4444452
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wearable Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wearable Devices' main balance sheet or income statement drivers, such as Net Interest Income of 390.6 K, Depreciation And Amortization of 71.4 K or Interest Expense of 44.6 K, as well as many indicators such as Price To Sales Ratio of 70.86, Dividend Yield of 0.0 or PTB Ratio of 1.05. Wearable financial statements analysis is a perfect complement when working with Wearable Devices Valuation or Volatility modules.
  
Check out the analysis of Wearable Devices Correlation against competitors.
For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.

Latest Wearable Devices' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Wearable Devices 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. Wearable Devices' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wearable Devices' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.32 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Wearable Current Ratio Regression Statistics

Arithmetic Mean1.54
Geometric Mean0.78
Coefficient Of Variation158.79
Mean Deviation1.59
Median0.48
Standard Deviation2.44
Sample Variance5.98
Range9.3821
R-Value0.56
Mean Square Error4.42
R-Squared0.31
Significance0.03
Slope0.31
Total Sum of Squares83.65

Wearable Current Ratio History

2024 2.58
2023 3.78
2022 9.54
2021 2.2
2020 0.16

About Wearable Devices Financial Statements

Wearable Devices shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Wearable Devices investors may analyze each financial statement separately, they are all interrelated. The changes in Wearable Devices' assets and liabilities, for example, are also reflected in the revenues and expenses on on Wearable Devices' 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 3.78  2.58 

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Additional Tools for Wearable Stock Analysis

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