Delcath Quick Ratio from 2010 to 2024

DCTH Stock  USD 12.11  0.31  2.63%   
Delcath Systems' Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 1.95. 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
2.05714981
Current Value
1.95
Quarterly Volatility
1.74001768
 
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Yuan Drop
 
Covid
Check Delcath Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Delcath Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 121.6 K, Interest Expense of 2.3 M or Selling General Administrative of 10 M, as well as many indicators such as Price To Sales Ratio of 34.33, Dividend Yield of 1.87 or PTB Ratio of 4.07. Delcath financial statements analysis is a perfect complement when working with Delcath Systems Valuation or Volatility modules.
  
Check out the analysis of Delcath Systems Correlation against competitors.
For more detail on how to invest in Delcath Stock please use our How to Invest in Delcath Systems guide.

Latest Delcath Systems' Quick Ratio Growth Pattern

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

Delcath Quick Ratio Regression Statistics

Arithmetic Mean2.61
Geometric Mean1.96
Coefficient Of Variation66.70
Mean Deviation1.47
Median2.19
Standard Deviation1.74
Sample Variance3.03
Range4.8967
R-Value(0.44)
Mean Square Error2.63
R-Squared0.19
Significance0.10
Slope(0.17)
Total Sum of Squares42.39

Delcath Quick Ratio History

2024 1.95
2023 2.06
2022 0.96
2021 4.99
2020 3.14
2019 0.77
2018 0.29

About Delcath Systems Financial Statements

Investors use fundamental indicators, such as Delcath Systems' Quick Ratio, to determine how well the company is positioned to perform in the future. Although Delcath Systems' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 2.06  1.95 

Currently Active Assets on Macroaxis

When determining whether Delcath Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Delcath Systems' 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 Delcath Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Delcath Systems Stock:
Check out the analysis of Delcath Systems Correlation against competitors.
For more detail on how to invest in Delcath Stock please use our How to Invest in Delcath Systems guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Equipment & Supplies 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 Delcath Systems. If investors know Delcath 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 Delcath Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.17)
Revenue Per Share
0.505
Quarterly Revenue Growth
14.689
Return On Assets
(0.82)
Return On Equity
(4.79)
The market value of Delcath Systems is measured differently than its book value, which is the value of Delcath that is recorded on the company's balance sheet. Investors also form their own opinion of Delcath Systems' value that differs from its market value or its book value, called intrinsic value, which is Delcath Systems' 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 Delcath Systems' market value can be influenced by many factors that don't directly affect Delcath Systems' 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 Delcath Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delcath Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delcath Systems' 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.