ATA Quick Ratio from 2010 to 2024

AACG Stock  USD 0.98  0.02  2.00%   
ATA Creativity's Quick Ratio is decreasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 0.21. 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
0.22405958
Current Value
0.21
Quarterly Volatility
2.93148443
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ATA Creativity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ATA Creativity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.1 M, Interest Expense of 662.1 M or Total Revenue of 222.5 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 6.18 or PTB Ratio of 2.51. ATA financial statements analysis is a perfect complement when working with ATA Creativity Valuation or Volatility modules.
  
Check out the analysis of ATA Creativity Correlation against competitors.

Latest ATA Creativity's Quick Ratio Growth Pattern

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

ATA Quick Ratio Regression Statistics

Arithmetic Mean2.70
Geometric Mean1.26
Coefficient Of Variation108.46
Mean Deviation2.22
Median2.59
Standard Deviation2.93
Sample Variance8.59
Range10.618
R-Value(0.40)
Mean Square Error7.77
R-Squared0.16
Significance0.14
Slope(0.26)
Total Sum of Squares120.31

ATA Quick Ratio History

2024 0.21
2022 0.22
2021 0.28
2020 0.44
2019 0.69
2018 10.83
2017 2.59

About ATA Creativity Financial Statements

ATA Creativity stakeholders use historical fundamental indicators, such as ATA Creativity's Quick Ratio, to determine how well the company is positioned to perform in the future. Although ATA Creativity investors may analyze each financial statement separately, they are all interrelated. For example, changes in ATA Creativity's assets and liabilities are reflected in the revenues and expenses on ATA Creativity's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ATA Creativity Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.22  0.21 

Currently Active Assets on Macroaxis

When determining whether ATA Creativity Global is a strong investment it is important to analyze ATA Creativity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ATA Creativity's future performance. For an informed investment choice regarding ATA Stock, refer to the following important reports:
Check out the analysis of ATA Creativity Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATA Creativity. If investors know ATA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATA Creativity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.119
Earnings Share
(0.18)
Revenue Per Share
7.962
Quarterly Revenue Growth
0.131
Return On Assets
(0.07)
The market value of ATA Creativity Global is measured differently than its book value, which is the value of ATA that is recorded on the company's balance sheet. Investors also form their own opinion of ATA Creativity's value that differs from its market value or its book value, called intrinsic value, which is ATA Creativity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATA Creativity's market value can be influenced by many factors that don't directly affect ATA Creativity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATA Creativity's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATA Creativity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATA Creativity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.