CNEY Quick Ratio from 2010 to 2024

CNEY Stock  USD 0.32  0.02  5.88%   
CN Energy Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average 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
1.23
Current Value
1.96
Quarterly Volatility
1.94170992
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CN Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CN Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 860.3 K or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0 or PTB Ratio of 0.0682. CNEY financial statements analysis is a perfect complement when working with CN Energy Valuation or Volatility modules.
  
Check out the analysis of CN Energy Correlation against competitors.

Latest CN Energy's Quick Ratio Growth Pattern

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

CNEY Quick Ratio Regression Statistics

Arithmetic Mean1.67
Geometric Mean1.26
Coefficient Of Variation116.07
Mean Deviation1.04
Median1.21
Standard Deviation1.94
Sample Variance3.77
Range7.6697
R-Value0.37
Mean Square Error3.50
R-Squared0.14
Significance0.17
Slope0.16
Total Sum of Squares52.78

CNEY Quick Ratio History

2024 1.96
2023 1.23
2022 1.37
2021 2.41
2020 8.47
2019 1.54
2018 1.21

About CN Energy Financial Statements

CN Energy investors use historical fundamental indicators, such as CN Energy's Quick 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 CN Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.23  1.96 

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Additional Tools for CNEY Stock Analysis

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