Plum Current Ratio from 2010 to 2024

PLMJ Stock   11.10  0.02  0.18%   
Plum Acquisition Current Ratio yearly trend continues to be relatively stable with very little volatility. Current Ratio may rise above 327.24 this year. 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
311.65838509
Current Value
327.24
Quarterly Volatility
108.32565771
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Plum Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plum Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 168.8 K, Other Operating Expenses of 1.6 M or EBIT of 7.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.26. Plum financial statements analysis is a perfect complement when working with Plum Acquisition Valuation or Volatility modules.
  
Check out the analysis of Plum Acquisition Correlation against competitors.

Latest Plum Acquisition's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Plum Acquisition Corp 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. Plum Acquisition's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plum Acquisition's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Plum Current Ratio Regression Statistics

Arithmetic Mean52.84
Geometric Mean16.18
Coefficient Of Variation204.99
Mean Deviation71.09
Median12.75
Standard Deviation108.33
Sample Variance11,734
Range327
R-Value0.58
Mean Square Error8,384
R-Squared0.34
Significance0.02
Slope14.05
Total Sum of Squares164,282

Plum Current Ratio History

2024 327.24
2023 311.66
2022 0.73

About Plum Acquisition Financial Statements

Investors use fundamental indicators, such as Plum Acquisition's Current Ratio, to determine how well the company is positioned to perform in the future. Although Plum Acquisition's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 311.66  327.24 

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When determining whether Plum Acquisition Corp is a strong investment it is important to analyze Plum Acquisition'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 Plum Acquisition's future performance. For an informed investment choice regarding Plum Stock, refer to the following important reports:
Check out the analysis of Plum Acquisition Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Financial Services 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 Plum Acquisition. If investors know Plum 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 Plum Acquisition 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
(0.63)
Earnings Share
0.19
Return On Assets
(0)
The market value of Plum Acquisition Corp is measured differently than its book value, which is the value of Plum that is recorded on the company's balance sheet. Investors also form their own opinion of Plum Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Plum Acquisition'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 Plum Acquisition's market value can be influenced by many factors that don't directly affect Plum Acquisition'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 Plum Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plum Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plum Acquisition'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.