Innovex Quick Ratio from 2010 to 2025

INVX Stock   13.97  0.16  1.16%   
Innovex International, Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is projected to decline to 3.50 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
4.46143259
Current Value
3.5
Quarterly Volatility
2.38476218
 
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Yuan Drop
 
Covid
Check Innovex International, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovex International,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.1 M, Interest Expense of 4.9 M or Total Revenue of 419.1 M, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0 or PTB Ratio of 1.06. Innovex financial statements analysis is a perfect complement when working with Innovex International, Valuation or Volatility modules.
  
Check out the analysis of Innovex International, Correlation against competitors.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.

Latest Innovex International,'s Quick Ratio Growth Pattern

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

Innovex Quick Ratio Regression Statistics

Arithmetic Mean4.86
Geometric Mean4.20
Coefficient Of Variation49.11
Mean Deviation2.06
Median4.46
Standard Deviation2.38
Sample Variance5.69
Range6.599
R-Value0.05
Mean Square Error6.11
R-Squared0
Significance0.86
Slope0.03
Total Sum of Squares79.62

Innovex Quick Ratio History

2024 3.5
2023 4.46
2022 1.71
2021 1.45
2020 7.61
2019 6.97
2018 8.05

About Innovex International, Financial Statements

Innovex International, investors use historical fundamental indicators, such as Innovex International,'s Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Innovex International,. Please read more on our //window.location = "/error404.html";