Meiwu Cash Ratio from 2010 to 2024

WNW Stock  USD 0.98  0.02  2.00%   
Meiwu Technology Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio will likely drop to 1.66 in 2024. During the period from 2010 to 2024, Meiwu Technology Cash Ratio regression line of quarterly data had mean square error of  2.61 and geometric mean of  1.34. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
2.10351855
Current Value
1.66
Quarterly Volatility
1.58275286
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Meiwu Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meiwu Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 443.1 K, Selling General Administrative of 2 M or Selling And Marketing Expenses of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0 or PTB Ratio of 0.89. Meiwu financial statements analysis is a perfect complement when working with Meiwu Technology Valuation or Volatility modules.
  
Check out the analysis of Meiwu Technology Correlation against competitors.

Latest Meiwu Technology's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Meiwu Technology Co over the last few years. It is Meiwu Technology's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meiwu Technology's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Pretty Stable
   Cash Ratio   
       Timeline  

Meiwu Cash Ratio Regression Statistics

Arithmetic Mean1.92
Geometric Mean1.34
Coefficient Of Variation82.57
Mean Deviation0.83
Median1.79
Standard Deviation1.58
Sample Variance2.51
Range6.8816
R-Value0.19
Mean Square Error2.61
R-Squared0.03
Significance0.51
Slope0.07
Total Sum of Squares35.07

Meiwu Cash Ratio History

2024 1.66
2023 2.1
2022 2.84
2021 7.0
2020 0.54
2019 0.17
2018 0.11

About Meiwu Technology Financial Statements

Meiwu Technology investors use historical fundamental indicators, such as Meiwu Technology's Cash 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 Meiwu Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 2.10  1.66 

Also Currently Popular

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.

Additional Tools for Meiwu Stock Analysis

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