Unity Current Ratio from 2010 to 2024

UNTY Stock  USD 47.50  0.69  1.47%   
Unity Bancorp Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
167.36
Current Value
228.06
Quarterly Volatility
901.81192714
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unity Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unity Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 50.9 M or Selling General Administrative of 33.2 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0124 or PTB Ratio of 1.4. Unity financial statements analysis is a perfect complement when working with Unity Bancorp Valuation or Volatility modules.
  
Check out the analysis of Unity Bancorp Correlation against competitors.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.

Latest Unity Bancorp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Unity Bancorp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Unity Bancorp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unity Bancorp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Unity Current Ratio Regression Statistics

Arithmetic Mean457.75
Geometric Mean230.09
Coefficient Of Variation197.01
Mean Deviation462.65
Median196.08
Standard Deviation901.81
Sample Variance813,265
Range3.6K
R-Value0.13
Mean Square Error860,898
R-Squared0.02
Significance0.64
Slope26.32
Total Sum of Squares11.4M

Unity Current Ratio History

2024 228.06
2023 167.36
2022 185.96
2021 714.1
2019 284.39
2018 3671.28
2017 189.54

About Unity Bancorp Financial Statements

Unity Bancorp investors use historical fundamental indicators, such as Unity Bancorp's Current 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 Unity Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 167.36  228.06 

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Additional Tools for Unity Stock Analysis

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