Sigma Quick Ratio from 2010 to 2024

SGML Stock  USD 13.17  0.28  2.08%   
Sigma Lithium Quick Ratio yearly trend continues to be quite stable with very little volatility. The value of Quick Ratio is projected to decrease to 0.96. 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
1.00703587
Current Value
0.96
Quarterly Volatility
10.7549945
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sigma Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sigma Lithium's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.9 M, Selling General Administrative of 103 M or Other Operating Expenses of 213 M, as well as many indicators such as Price To Sales Ratio of 19.93, Dividend Yield of 0.0 or PTB Ratio of 12.73. Sigma financial statements analysis is a perfect complement when working with Sigma Lithium Valuation or Volatility modules.
  
Check out the analysis of Sigma Lithium Correlation against competitors.

Latest Sigma Lithium's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Sigma Lithium Resources 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. Sigma Lithium's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sigma Lithium's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

Sigma Quick Ratio Regression Statistics

Arithmetic Mean6.46
Geometric Mean1.48
Coefficient Of Variation166.44
Mean Deviation7.43
Median2.00
Standard Deviation10.75
Sample Variance115.67
Range35.7201
R-Value(0.07)
Mean Square Error124.02
R-Squared0
Significance0.81
Slope(0.16)
Total Sum of Squares1,619

Sigma Quick Ratio History

2024 0.96
2023 1.01
2022 3.31
2021 35.74
2020 2.0
2019 0.16
2018 0.8

About Sigma Lithium Financial Statements

Sigma Lithium investors utilize fundamental indicators, such as Quick Ratio, to predict how Sigma Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 1.01  0.96 

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When determining whether Sigma Lithium Resources is a strong investment it is important to analyze Sigma Lithium'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 Sigma Lithium's future performance. For an informed investment choice regarding Sigma Stock, refer to the following important reports:
Check out the analysis of Sigma Lithium Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Diversified Metals & Mining 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 Sigma Lithium. If investors know Sigma 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 Sigma Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.45)
Revenue Per Share
2.635
Return On Assets
0.086
Return On Equity
0.0686
The market value of Sigma Lithium Resources is measured differently than its book value, which is the value of Sigma that is recorded on the company's balance sheet. Investors also form their own opinion of Sigma Lithium's value that differs from its market value or its book value, called intrinsic value, which is Sigma Lithium'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 Sigma Lithium's market value can be influenced by many factors that don't directly affect Sigma Lithium'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 Sigma Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sigma Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sigma Lithium'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.