SCHMID Quick Ratio from 2010 to 2024

SHMDW Stock   0.27  0.01  3.57%   
SCHMID Group Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.41 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
0.6619191
Current Value
0.41
Quarterly Volatility
0.08437513
 
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Covid
Check SCHMID Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SCHMID Group's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Interest Income of 4.1 M or Depreciation And Amortization of 6.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 320. SCHMID financial statements analysis is a perfect complement when working with SCHMID Group Valuation or Volatility modules.
  
Check out the analysis of SCHMID Group Correlation against competitors.

Latest SCHMID Group's Quick Ratio Growth Pattern

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

SCHMID Quick Ratio Regression Statistics

Arithmetic Mean0.45
Geometric Mean0.45
Coefficient Of Variation18.59
Mean Deviation0.05
Median0.44
Standard Deviation0.08
Sample Variance0.01
Range0.3583
R-Value0.29
Mean Square Error0.01
R-Squared0.09
Significance0.29
Slope0.01
Total Sum of Squares0.1

SCHMID Quick Ratio History

2024 0.41
2023 0.66
2022 0.62
2021 0.3

About SCHMID Group Financial Statements

SCHMID Group investors use historical fundamental indicators, such as SCHMID Group's Quick 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 SCHMID Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.66  0.41 

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Additional Tools for SCHMID Stock Analysis

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