Xunlei Quick Ratio from 2010 to 2024

XNET Stock  USD 1.87  0.01  0.54%   
Xunlei Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 2.42 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
2.53858345
Current Value
2.42
Quarterly Volatility
1.1686935
 
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Yuan Drop
 
Covid
Check Xunlei financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xunlei's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.8 M, Interest Expense of 1.6 M or Selling General Administrative of 31.8 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 0.31. Xunlei financial statements analysis is a perfect complement when working with Xunlei Valuation or Volatility modules.
  
Check out the analysis of Xunlei Correlation against competitors.

Latest Xunlei's Quick Ratio Growth Pattern

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

Xunlei Quick Ratio Regression Statistics

Arithmetic Mean3.03
Geometric Mean2.85
Coefficient Of Variation38.60
Mean Deviation0.83
Median2.80
Standard Deviation1.17
Sample Variance1.37
Range4.3243
R-Value(0.08)
Mean Square Error1.46
R-Squared0.01
Significance0.78
Slope(0.02)
Total Sum of Squares19.12

Xunlei Quick Ratio History

2024 2.42
2023 2.54
2022 2.59
2021 2.44
2020 2.91
2019 2.8
2018 3.24

About Xunlei Financial Statements

Xunlei shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Xunlei investors may analyze each financial statement separately, they are all interrelated. The changes in Xunlei's assets and liabilities, for example, are also reflected in the revenues and expenses on on Xunlei'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 2.54  2.42 

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Additional Tools for Xunlei Stock Analysis

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