Coherus Current Ratio from 2010 to 2024

CHRS Stock  USD 0.88  0.03  3.53%   
Coherus BioSciences Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 1.36 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
1.43361234
Current Value
1.36
Quarterly Volatility
2.74753763
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Coherus BioSciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coherus BioSciences' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 42.6 M or Selling General Administrative of 100.1 M, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0 or Days Sales Outstanding of 388. Coherus financial statements analysis is a perfect complement when working with Coherus BioSciences Valuation or Volatility modules.
  
Check out the analysis of Coherus BioSciences Correlation against competitors.
For more information on how to buy Coherus Stock please use our How to Invest in Coherus BioSciences guide.

Latest Coherus BioSciences' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Coherus BioSciences 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. Coherus BioSciences' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Coherus BioSciences' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.17 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Coherus Current Ratio Regression Statistics

Arithmetic Mean3.48
Geometric Mean2.72
Coefficient Of Variation79.05
Mean Deviation2.12
Median2.20
Standard Deviation2.75
Sample Variance7.55
Range8.844
R-Value0.40
Mean Square Error6.81
R-Squared0.16
Significance0.14
Slope0.25
Total Sum of Squares105.69

Coherus Current Ratio History

2024 1.36
2023 1.43
2022 7.65
2021 8.02
2020 9.69
2019 3.26
2018 2.18

About Coherus BioSciences Financial Statements

Coherus BioSciences shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Coherus BioSciences investors may analyze each financial statement separately, they are all interrelated. The changes in Coherus BioSciences' assets and liabilities, for example, are also reflected in the revenues and expenses on on Coherus BioSciences' 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
Current Ratio 1.43  1.36 

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Additional Tools for Coherus Stock Analysis

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