Zscaler Quick Ratio from 2010 to 2024

ZS Stock  USD 208.51  1.92  0.93%   
Zscaler Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average 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
1.0911469
Current Value
1.55
Quarterly Volatility
0.59808542
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zscaler financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zscaler's main balance sheet or income statement drivers, such as Tax Provision of 29.9 M, Interest Income of 114.6 M or Depreciation And Amortization of 60.2 M, as well as many indicators such as Price To Sales Ratio of 11.76, Dividend Yield of 0.0 or PTB Ratio of 20.0. Zscaler financial statements analysis is a perfect complement when working with Zscaler Valuation or Volatility modules.
  
Check out the analysis of Zscaler Correlation against competitors.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.

Latest Zscaler's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Zscaler 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. Zscaler's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zscaler's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

Zscaler Quick Ratio Regression Statistics

Arithmetic Mean1.91
Geometric Mean1.84
Coefficient Of Variation31.29
Mean Deviation0.34
Median1.94
Standard Deviation0.60
Sample Variance0.36
Range2.5643
R-Value(0.05)
Mean Square Error0.38
R-Squared0
Significance0.85
Slope(0.01)
Total Sum of Squares5.01

Zscaler Quick Ratio History

2024 1.55
2023 1.09
2021 1.91
2020 2.49
2019 3.66
2018 1.81
2017 2.03

About Zscaler Financial Statements

Zscaler shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Zscaler investors may analyze each financial statement separately, they are all interrelated. The changes in Zscaler's assets and liabilities, for example, are also reflected in the revenues and expenses on on Zscaler'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 1.09  1.55 

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Additional Tools for Zscaler Stock Analysis

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