Transcode Cash Ratio from 2010 to 2024

RNAZ Stock  USD 0.34  0.04  9.71%   
Transcode Therapeutics Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio will likely drop to 0.75 in 2024. During the period from 2010 to 2024, Transcode Therapeutics Cash Ratio regression line of annual values had r-squared of  0.01 and arithmetic mean of  2.17. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.79287262
Current Value
0.75
Quarterly Volatility
1.77070756
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Transcode Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transcode Therapeutics' main balance sheet or income statement drivers, such as Interest Expense of 48.1 K, Tax Provision of 0.0 or Net Interest Income of 15.5 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.75. Transcode financial statements analysis is a perfect complement when working with Transcode Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Transcode Therapeutics Correlation against competitors.
For more information on how to buy Transcode Stock please use our How to Invest in Transcode Therapeutics guide.

Latest Transcode Therapeutics' Cash Ratio Growth Pattern

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

Transcode Cash Ratio Regression Statistics

Arithmetic Mean2.17
Geometric Mean1.82
Coefficient Of Variation81.76
Mean Deviation0.95
Median1.81
Standard Deviation1.77
Sample Variance3.14
Range7.4683
R-Value0.11
Mean Square Error3.33
R-Squared0.01
Significance0.69
Slope0.04
Total Sum of Squares43.90

Transcode Cash Ratio History

2024 0.75
2023 0.79
2022 1.14
2021 8.22
2020 2.05
2019 3.25

About Transcode Therapeutics Financial Statements

Transcode Therapeutics investors use historical fundamental indicators, such as Transcode Therapeutics' Cash 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 Transcode Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.79  0.75 

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Additional Tools for Transcode Stock Analysis

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