Nuvectis Current Ratio from 2010 to 2024

NVCT Stock  USD 5.04  0.24  4.55%   
Nuvectis Pharma Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 2.26 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.74699313
Current Value
2.26
Quarterly Volatility
0.24585584
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nuvectis Pharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuvectis Pharma's main balance sheet or income statement drivers, such as Interest Expense of 179.9 K, Selling General Administrative of 4.6 M or Selling And Marketing Expenses of 13.2 K, as well as many indicators such as Price To Sales Ratio of 510, Dividend Yield of 0.0 or PTB Ratio of 11.17. Nuvectis financial statements analysis is a perfect complement when working with Nuvectis Pharma Valuation or Volatility modules.
  
Check out the analysis of Nuvectis Pharma Correlation against competitors.
For more information on how to buy Nuvectis Stock please use our How to Invest in Nuvectis Pharma guide.

Latest Nuvectis Pharma's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Nuvectis Pharma over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Nuvectis Pharma's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nuvectis Pharma's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.20 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Nuvectis Current Ratio Regression Statistics

Arithmetic Mean2.48
Geometric Mean2.47
Coefficient Of Variation9.90
Mean Deviation0.14
Median2.41
Standard Deviation0.25
Sample Variance0.06
Range1.0386
R-Value0.35
Mean Square Error0.06
R-Squared0.12
Significance0.20
Slope0.02
Total Sum of Squares0.85

Nuvectis Current Ratio History

2024 2.26
2023 2.75
2022 3.3

About Nuvectis Pharma Financial Statements

Nuvectis Pharma shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Nuvectis Pharma investors may analyze each financial statement separately, they are all interrelated. The changes in Nuvectis Pharma's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nuvectis Pharma's 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
Current Ratio 2.75  2.26 

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Additional Tools for Nuvectis Stock Analysis

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