Tecnoglass Short Term Coverage Ratios from 2010 to 2024

TGLS Stock  USD 78.78  5.78  6.84%   
Tecnoglass Short Term Coverage Ratios yearly trend continues to be comparatively stable with very little volatility. Short Term Coverage Ratios is likely to outpace its year average in 2024. From the period from 2010 to 2024, Tecnoglass Short Term Coverage Ratios quarterly data regression had mean square error of  4,599 and mean deviation of  36.18. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
19.82676378
Current Value
23.9
Quarterly Volatility
71.90938626
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tecnoglass financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tecnoglass' main balance sheet or income statement drivers, such as Depreciation And Amortization of 18 M, Interest Expense of 15.2 M or Selling General Administrative of 33.3 M, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0101 or PTB Ratio of 2.65. Tecnoglass financial statements analysis is a perfect complement when working with Tecnoglass Valuation or Volatility modules.
  
Check out the analysis of Tecnoglass Correlation against competitors.
For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.

Latest Tecnoglass' Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Tecnoglass over the last few years. It is Tecnoglass' Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tecnoglass' overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Tecnoglass Short Term Coverage Ratios Regression Statistics

Arithmetic Mean25.36
Coefficient Of Variation283.55
Mean Deviation36.18
Median0.38
Standard Deviation71.91
Sample Variance5,171
Range283
R-Value0.42
Mean Square Error4,599
R-Squared0.17
Significance0.12
Slope6.71
Total Sum of Squares72,393

Tecnoglass Short Term Coverage Ratios History

2024 23.9
2023 19.83
2022 281.59
2021 10.96
2020 40.5
2019 1.66
2018 -0.23

About Tecnoglass Financial Statements

Tecnoglass shareholders use historical fundamental indicators, such as Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Tecnoglass investors may analyze each financial statement separately, they are all interrelated. The changes in Tecnoglass' assets and liabilities, for example, are also reflected in the revenues and expenses on on Tecnoglass' 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
Short Term Coverage Ratios 19.83  23.90 

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Additional Tools for Tecnoglass Stock Analysis

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