StealthGas Quick Ratio from 2010 to 2024

GASS Stock  USD 5.06  0.03  0.59%   
StealthGas Quick Ratio yearly trend continues to be comparatively 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
3.07316135
Current Value
3.23
Quarterly Volatility
0.80310852
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check StealthGas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among StealthGas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.4 M, Interest Expense of 11.4 M or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.033 or PTB Ratio of 0.57. StealthGas financial statements analysis is a perfect complement when working with StealthGas Valuation or Volatility modules.
  
Check out the analysis of StealthGas Correlation against competitors.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.

Latest StealthGas' Quick Ratio Growth Pattern

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

StealthGas Quick Ratio Regression Statistics

Arithmetic Mean1.39
Geometric Mean1.23
Coefficient Of Variation57.90
Mean Deviation0.61
Median1.01
Standard Deviation0.80
Sample Variance0.64
Range2.5265
R-Value0.57
Mean Square Error0.47
R-Squared0.32
Significance0.03
Slope0.10
Total Sum of Squares9.03

StealthGas Quick Ratio History

2024 3.23
2023 3.07
2022 1.8
2021 0.83
2020 0.7
2019 1.14
2018 1.32

About StealthGas Financial Statements

StealthGas shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although StealthGas investors may analyze each financial statement separately, they are all interrelated. The changes in StealthGas' assets and liabilities, for example, are also reflected in the revenues and expenses on on StealthGas' 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 3.07  3.23 

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Additional Tools for StealthGas Stock Analysis

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