Tenaya Quick Ratio from 2010 to 2024
| TNYA Stock | USD 3.57 0.28 8.51% |
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 4.90837109 | Current Value 4.66 | Quarterly Volatility 5.11855945 |
Check Tenaya Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenaya Therapeutics' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 7 M or Interest Income of 7 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.8. Tenaya financial statements analysis is a perfect complement when working with Tenaya Therapeutics Valuation or Volatility modules.
Tenaya | Quick Ratio |
Latest Tenaya Therapeutics' Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of Tenaya Therapeutics 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. Tenaya Therapeutics' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tenaya Therapeutics' overall financial position and show how it may be relating to other accounts over time.
| Quick Ratio | 10 Years Trend |
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Quick Ratio |
| Timeline |
Tenaya Quick Ratio Regression Statistics
| Arithmetic Mean | 8.22 | |
| Geometric Mean | 7.43 | |
| Coefficient Of Variation | 62.31 | |
| Mean Deviation | 2.89 | |
| Median | 6.73 | |
| Standard Deviation | 5.12 | |
| Sample Variance | 26.20 | |
| Range | 21.1214 | |
| R-Value | 0.19 | |
| Mean Square Error | 27.16 | |
| R-Squared | 0.04 | |
| Significance | 0.49 | |
| Slope | 0.22 | |
| Total Sum of Squares | 366.80 |
Tenaya Quick Ratio History
About Tenaya Therapeutics Financial Statements
Tenaya Therapeutics stakeholders use historical fundamental indicators, such as Tenaya Therapeutics' Quick Ratio, to determine how well the company is positioned to perform in the future. Although Tenaya Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tenaya Therapeutics' assets and liabilities are reflected in the revenues and expenses on Tenaya Therapeutics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tenaya Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Quick Ratio | 4.91 | 4.66 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tenaya Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenaya Therapeutics' 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 Tenaya Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenaya Therapeutics Stock:Check out the analysis of Tenaya Therapeutics Correlation against competitors. For information on how to trade Tenaya Stock refer to our How to Trade Tenaya Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Biotechnology 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 Tenaya Therapeutics. If investors know Tenaya 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 Tenaya Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.44) | Return On Assets (0.46) | Return On Equity (0.84) |
The market value of Tenaya Therapeutics is measured differently than its book value, which is the value of Tenaya that is recorded on the company's balance sheet. Investors also form their own opinion of Tenaya Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Tenaya Therapeutics' 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 Tenaya Therapeutics' market value can be influenced by many factors that don't directly affect Tenaya Therapeutics' 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 Tenaya Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenaya Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenaya Therapeutics' 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.