Westport Quick Ratio from 2010 to 2024

WPRT Stock  USD 4.75  0.25  5.56%   
Westport Fuel Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 1.06 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
1.11260671
Current Value
1.06
Quarterly Volatility
0.91710101
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Westport Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westport Fuel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.5 M, Interest Expense of 4.3 M or Total Revenue of 348.4 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0 or PTB Ratio of 0.68. Westport financial statements analysis is a perfect complement when working with Westport Fuel Valuation or Volatility modules.
  
Check out the analysis of Westport Fuel Correlation against competitors.

Latest Westport Fuel's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Westport Fuel Systems 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. Westport Fuel's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Westport Fuel'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  

Westport Quick Ratio Regression Statistics

Arithmetic Mean1.64
Geometric Mean1.47
Coefficient Of Variation56.01
Mean Deviation0.66
Median1.25
Standard Deviation0.92
Sample Variance0.84
Range3.1039
R-Value(0.62)
Mean Square Error0.56
R-Squared0.38
Significance0.01
Slope(0.13)
Total Sum of Squares11.78

Westport Quick Ratio History

2024 1.06
2023 1.11
2022 1.44
2021 1.74
2020 1.13
2019 1.05
2018 1.16

About Westport Fuel Financial Statements

Westport Fuel shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Westport Fuel investors may analyze each financial statement separately, they are all interrelated. The changes in Westport Fuel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Westport Fuel'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 1.11  1.06 

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Additional Tools for Westport Stock Analysis

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