Genfit Quick Ratio from 2010 to 2024

GNFT Stock  USD 5.94  0.39  6.16%   
Genfit 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
2.93947505
Current Value
3.72
Quarterly Volatility
2.86035941
 
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Yuan Drop
 
Covid
Check Genfit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genfit's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 4.1 M or Selling General Administrative of 11.1 M, as well as many indicators such as Price To Sales Ratio of 5.76, Dividend Yield of 0.0 or PTB Ratio of 2.44. Genfit financial statements analysis is a perfect complement when working with Genfit Valuation or Volatility modules.
  
Check out the analysis of Genfit Correlation against competitors.
For more information on how to buy Genfit Stock please use our How to Invest in Genfit guide.

Latest Genfit's Quick Ratio Growth Pattern

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

Genfit Quick Ratio Regression Statistics

Arithmetic Mean5.10
Geometric Mean4.27
Coefficient Of Variation56.10
Mean Deviation2.40
Median4.27
Standard Deviation2.86
Sample Variance8.18
Range9.167
R-Value0.15
Mean Square Error8.62
R-Squared0.02
Significance0.60
Slope0.09
Total Sum of Squares114.54

Genfit Quick Ratio History

2024 3.72
2023 2.94
2022 4.02
2021 4.27
2020 5.95
2019 6.68
2018 5.56

About Genfit Financial Statements

Genfit shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Genfit investors may analyze each financial statement separately, they are all interrelated. The changes in Genfit's assets and liabilities, for example, are also reflected in the revenues and expenses on on Genfit'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 2.94  3.72 

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Additional Tools for Genfit Stock Analysis

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