SOS Quick Ratio from 2010 to 2024

SOS Stock  USD 6.87  0.85  11.01%   
SOS Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 3.90 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
6.86812204
Current Value
3.9
Quarterly Volatility
4.78939708
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SOS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SOS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 17.3 M or Selling General Administrative of 17.4 M, as well as many indicators such as Price To Sales Ratio of 31.82, Dividend Yield of 0.0 or PTB Ratio of 6.9. SOS financial statements analysis is a perfect complement when working with SOS Valuation or Volatility modules.
  
Check out the analysis of SOS Correlation against competitors.

Latest SOS's Quick Ratio Growth Pattern

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

SOS Quick Ratio Regression Statistics

Arithmetic Mean3.75
Geometric Mean2.01
Coefficient Of Variation127.81
Mean Deviation3.64
Median1.05
Standard Deviation4.79
Sample Variance22.94
Range16.2593
R-Value0.60
Mean Square Error15.92
R-Squared0.36
Significance0.02
Slope0.64
Total Sum of Squares321.14

SOS Quick Ratio History

2024 3.9
2023 6.87
2022 8.66
2021 9.49
2020 17.13
2018 0.99
2017 1.71

About SOS Financial Statements

SOS shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although SOS investors may analyze each financial statement separately, they are all interrelated. The changes in SOS's assets and liabilities, for example, are also reflected in the revenues and expenses on on SOS'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 6.87  3.90 

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Additional Tools for SOS Stock Analysis

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