Solidion Quick Ratio from 2010 to 2024

STI Stock  USD 0.41  0.02  4.65%   
Solidion Technology's Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 0.38. 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
0.39811409
Current Value
0.38
Quarterly Volatility
20.44931566
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Solidion Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solidion Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.5 K, Interest Expense of 1.5 B or Selling And Marketing Expenses of 923, as well as many indicators such as Price To Sales Ratio of 60.1 K, Dividend Yield of 0.0 or Days Sales Outstanding of 35.1 K. Solidion financial statements analysis is a perfect complement when working with Solidion Technology Valuation or Volatility modules.
  
Check out the analysis of Solidion Technology Correlation against competitors.
For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.

Latest Solidion Technology's Quick Ratio Growth Pattern

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

Solidion Quick Ratio Regression Statistics

Arithmetic Mean44.35
Geometric Mean25.75
Coefficient Of Variation46.10
Mean Deviation15.60
Median54.11
Standard Deviation20.45
Sample Variance418.17
Range53.7272
R-Value(0.70)
Mean Square Error231.44
R-Squared0.49
Significance0
Slope(3.19)
Total Sum of Squares5,854

Solidion Quick Ratio History

2024 0.38
2023 0.4
2022 15.25

About Solidion Technology Financial Statements

Investors use fundamental indicators, such as Solidion Technology's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Solidion Technology's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 0.40  0.38 

Currently Active Assets on Macroaxis

When determining whether Solidion Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solidion Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solidion Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solidion Technology Stock:
Check out the analysis of Solidion Technology Correlation against competitors.
For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Electrical Components & Equipment 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 Solidion Technology. If investors know Solidion 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 Solidion Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Quarterly Revenue Growth
(0.78)
Return On Assets
(0.96)
The market value of Solidion Technology is measured differently than its book value, which is the value of Solidion that is recorded on the company's balance sheet. Investors also form their own opinion of Solidion Technology's value that differs from its market value or its book value, called intrinsic value, which is Solidion Technology'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 Solidion Technology's market value can be influenced by many factors that don't directly affect Solidion Technology'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 Solidion Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solidion Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solidion Technology'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.