InMed Quick Ratio from 2010 to 2024

INM Stock  USD 5.26  0.11  2.14%   
InMed Pharmaceuticals Quick Ratio yearly trend continues to be very stable with very little volatility. Quick Ratio is likely to drop to 0.32. 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
3.77585495
Current Value
0.31831866
Quarterly Volatility
111.15752099
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check InMed Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InMed Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 634.7 K, Interest Expense of 153.3 K or Selling General Administrative of 5.5 B, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0 or Days Sales Outstanding of 36.24. InMed financial statements analysis is a perfect complement when working with InMed Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of InMed Pharmaceuticals Correlation against competitors.
To learn how to invest in InMed Stock, please use our How to Invest in InMed Pharmaceuticals guide.

Latest InMed Pharmaceuticals' Quick Ratio Growth Pattern

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

InMed Quick Ratio Regression Statistics

Arithmetic Mean34.47
Geometric Mean3.02
Coefficient Of Variation322.50
Mean Deviation53.43
Median3.23
Standard Deviation111.16
Sample Variance12,356
Range435
R-Value0.19
Mean Square Error12,818
R-Squared0.04
Significance0.49
Slope4.76
Total Sum of Squares172,984

InMed Quick Ratio History

2023 3.78
2022 4.86
2021 2.14
2020 435.23
2019 3.77
2018 11.87
2017 28.51

About InMed Pharmaceuticals Financial Statements

InMed Pharmaceuticals investors utilize fundamental indicators, such as Quick Ratio, to predict how InMed 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 3.78  0.32 

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When determining whether InMed Pharmaceuticals is a strong investment it is important to analyze InMed Pharmaceuticals' 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 InMed Pharmaceuticals' future performance. For an informed investment choice regarding InMed Stock, refer to the following important reports:
Check out the analysis of InMed Pharmaceuticals Correlation against competitors.
To learn how to invest in InMed Stock, please use our How to Invest in InMed Pharmaceuticals guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Biotechnology 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 InMed Pharmaceuticals. If investors know InMed 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 InMed Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
230.4
Revenue Per Share
0.603
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.39)
Return On Equity
(0.72)
The market value of InMed Pharmaceuticals is measured differently than its book value, which is the value of InMed that is recorded on the company's balance sheet. Investors also form their own opinion of InMed Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is InMed Pharmaceuticals' 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 InMed Pharmaceuticals' market value can be influenced by many factors that don't directly affect InMed Pharmaceuticals' 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 InMed Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if InMed Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMed Pharmaceuticals' 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.