ICL Quick Ratio from 2010 to 2024

ICL Stock  USD 4.58  0.02  0.44%   
ICL Israel Quick Ratio yearly trend continues to be quite stable with very little volatility. Quick Ratio may rise above 0.97 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
0.88362396
Current Value
0.97
Quarterly Volatility
0.13618917
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ICL Israel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICL Israel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 273.3 M, Interest Expense of 119.6 M or Selling General Administrative of 370.7 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0415 or PTB Ratio of 1.08. ICL financial statements analysis is a perfect complement when working with ICL Israel Valuation or Volatility modules.
  
Check out the analysis of ICL Israel Correlation against competitors.

Latest ICL Israel's Quick Ratio Growth Pattern

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

ICL Quick Ratio Regression Statistics

Arithmetic Mean0.84
Geometric Mean0.83
Coefficient Of Variation16.21
Mean Deviation0.11
Median0.83
Standard Deviation0.14
Sample Variance0.02
Range0.5149
R-Value(0.05)
Mean Square Error0.02
R-Squared0
Significance0.87
Slope(0)
Total Sum of Squares0.26

ICL Quick Ratio History

2024 0.97
2023 0.88
2022 0.93
2020 0.73
2019 0.78
2018 0.74

About ICL Israel Financial Statements

ICL Israel investors utilize fundamental indicators, such as Quick Ratio, to predict how ICL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.88  0.97 

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When determining whether ICL Israel Chemicals is a strong investment it is important to analyze ICL Israel'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 ICL Israel's future performance. For an informed investment choice regarding ICL Stock, refer to the following important reports:
Check out the analysis of ICL Israel Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Fertilizers & Agricultural Chemicals 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 ICL Israel. If investors know ICL 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 ICL Israel 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
(0.18)
Dividend Share
0.2
Earnings Share
0.31
Revenue Per Share
5.373
Quarterly Revenue Growth
(0.06)
The market value of ICL Israel Chemicals is measured differently than its book value, which is the value of ICL that is recorded on the company's balance sheet. Investors also form their own opinion of ICL Israel's value that differs from its market value or its book value, called intrinsic value, which is ICL Israel'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 ICL Israel's market value can be influenced by many factors that don't directly affect ICL Israel'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 ICL Israel's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICL Israel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICL Israel'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.