Southern Quick Ratio from 2010 to 2024

SFST Stock  USD 42.35  1.13  2.60%   
Southern First Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.06 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
0.0589
Current Value
0.0559
Quarterly Volatility
0.06795227
 
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Yuan Drop
 
Covid
Check Southern First financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern First's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.1 M, Interest Expense of 104.9 M or Selling General Administrative of 2.8 M, as well as many indicators such as Price To Sales Ratio of 3.29, Dividend Yield of 0.0125 or PTB Ratio of 1.43. Southern financial statements analysis is a perfect complement when working with Southern First Valuation or Volatility modules.
  
Check out the analysis of Southern First Correlation against competitors.

Latest Southern First's Quick Ratio Growth Pattern

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

Southern Quick Ratio Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation94.93
Mean Deviation0.03
Median0.05
Standard Deviation0.07
Sample Variance0
Range0.2684
R-Value(0.37)
Mean Square Error0
R-Squared0.14
Significance0.17
Slope(0.01)
Total Sum of Squares0.06

Southern Quick Ratio History

2024 0.0559
2023 0.0589
2022 0.0512
2021 0.065
2020 0.046
2019 0.0744
2018 0.0527

About Southern First Financial Statements

Southern First shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Southern First investors may analyze each financial statement separately, they are all interrelated. The changes in Southern First's assets and liabilities, for example, are also reflected in the revenues and expenses on on Southern First'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
Quick Ratio 0.06  0.06 

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Additional Tools for Southern Stock Analysis

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