Foremost Quick Ratio from 2010 to 2024

FMST Stock   1.43  0.15  11.72%   
Foremost Lithium Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.52 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
0.54356139
Current Value
0.52
Quarterly Volatility
2.18622913
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Foremost Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Foremost Lithium's main balance sheet or income statement drivers, such as Selling General Administrative of 2.1 M, Other Operating Expenses of 2.5 M or Total Operating Expenses of 2.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.33. Foremost financial statements analysis is a perfect complement when working with Foremost Lithium Valuation or Volatility modules.
  
Check out the analysis of Foremost Lithium Correlation against competitors.

Latest Foremost Lithium's Quick Ratio Growth Pattern

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

Foremost Quick Ratio Regression Statistics

Arithmetic Mean1.39
Geometric Mean0.50
Coefficient Of Variation157.27
Mean Deviation1.59
Median0.52
Standard Deviation2.19
Sample Variance4.78
Range7.3208
R-Value(0.46)
Mean Square Error4.06
R-Squared0.21
Significance0.09
Slope(0.22)
Total Sum of Squares66.91

Foremost Quick Ratio History

2024 0.52
2023 0.54
2022 0.27
2021 0.39
2020 0.64
2019 0.14
2018 0.37

About Foremost Lithium Financial Statements

Foremost Lithium shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Foremost Lithium investors may analyze each financial statement separately, they are all interrelated. The changes in Foremost Lithium's assets and liabilities, for example, are also reflected in the revenues and expenses on on Foremost Lithium'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 0.54  0.52 

Thematic Opportunities

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Additional Tools for Foremost Stock Analysis

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