Locafy Quick Ratio from 2010 to 2024

LCFY Stock  USD 7.20  0.20  2.70%   
Locafy Quick Ratio yearly trend continues to be fairly 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
0.58792782
Current Value
0.71
Quarterly Volatility
0.50165975
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Locafy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Locafy's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 977.2 K or Interest Expense of 74.5 K, as well as many indicators such as Price To Sales Ratio of 2.07, Ptb Ratio of 1.93 or Days Sales Outstanding of 45.59. Locafy financial statements analysis is a perfect complement when working with Locafy Valuation or Volatility modules.
  
Check out the analysis of Locafy Correlation against competitors.
For more information on how to buy Locafy Stock please use our How to Invest in Locafy guide.

Latest Locafy's Quick Ratio Growth Pattern

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

Locafy Quick Ratio Regression Statistics

Arithmetic Mean0.46
Geometric Mean0.32
Coefficient Of Variation109.30
Mean Deviation0.36
Median0.19
Standard Deviation0.50
Sample Variance0.25
Range1.7006
R-Value0.61
Mean Square Error0.17
R-Squared0.37
Significance0.02
Slope0.07
Total Sum of Squares3.52

Locafy Quick Ratio History

2024 0.71
2023 0.59
2022 1.28
2021 1.89
2020 0.51

About Locafy Financial Statements

Locafy investors use historical fundamental indicators, such as Locafy'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 Locafy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.59  0.71 

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Additional Tools for Locafy Stock Analysis

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