Entegris Quick Ratio from 2010 to 2024

ENTG Stock  USD 109.36  2.65  2.48%   
Entegris' Quick Ratio is decreasing over the last several years with slightly volatile swings. Quick Ratio is estimated to finish at 3.39 this year. 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
2.66593255
Current Value
3.39
Quarterly Volatility
1.03443763
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Entegris financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Entegris' main balance sheet or income statement drivers, such as Depreciation And Amortization of 406.5 M, Interest Expense of 328 M or Other Operating Expenses of 3.2 B, as well as many indicators such as Price To Sales Ratio of 5.35, Dividend Yield of 0.0053 or PTB Ratio of 5.53. Entegris financial statements analysis is a perfect complement when working with Entegris Valuation or Volatility modules.
  
Check out the analysis of Entegris Correlation against competitors.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.

Latest Entegris' Quick Ratio Growth Pattern

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

Entegris Quick Ratio Regression Statistics

Arithmetic Mean3.13
Geometric Mean2.99
Coefficient Of Variation33.06
Mean Deviation0.77
Median2.82
Standard Deviation1.03
Sample Variance1.07
Range3.3125
R-Value(0.52)
Mean Square Error0.84
R-Squared0.27
Significance0.05
Slope(0.12)
Total Sum of Squares14.98

Entegris Quick Ratio History

2024 3.39
2023 2.67
2022 2.0
2021 2.21
2020 3.01
2019 2.44

About Entegris Financial Statements

Entegris stakeholders use historical fundamental indicators, such as Entegris' Quick Ratio, to determine how well the company is positioned to perform in the future. Although Entegris investors may analyze each financial statement separately, they are all interrelated. For example, changes in Entegris' assets and liabilities are reflected in the revenues and expenses on Entegris' 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 Entegris. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 2.67  3.39 

Currently Active Assets on Macroaxis

When determining whether Entegris is a strong investment it is important to analyze Entegris' 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 Entegris' future performance. For an informed investment choice regarding Entegris Stock, refer to the following important reports:
Check out the analysis of Entegris Correlation against competitors.
For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Semiconductors & Semiconductor Equipment 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 Entegris. If investors know Entegris 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 Entegris 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
1.318
Dividend Share
0.4
Earnings Share
1.51
Revenue Per Share
21.26
Quarterly Revenue Growth
(0.09)
The market value of Entegris is measured differently than its book value, which is the value of Entegris that is recorded on the company's balance sheet. Investors also form their own opinion of Entegris' value that differs from its market value or its book value, called intrinsic value, which is Entegris' 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 Entegris' market value can be influenced by many factors that don't directly affect Entegris' 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 Entegris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entegris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entegris' 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.