Jayud Quick Ratio from 2010 to 2024

JYD Stock   1.12  0.08  7.69%   
Jayud Global's Quick Ratio is decreasing over the years with stable fluctuation. Overall, Quick Ratio is expected to go to 1.09 this year. 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
0.74889127
Current Value
1.09
Quarterly Volatility
0.08068683
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Jayud Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Jayud Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.4 M, Interest Expense of 874.4 K or Selling General Administrative of 17.3 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0064 or Days Sales Outstanding of 45.34. Jayud financial statements analysis is a perfect complement when working with Jayud Global Valuation or Volatility modules.
  
Check out the analysis of Jayud Global Correlation against competitors.

Latest Jayud Global's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Jayud Global Logistics 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. Jayud Global's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Jayud Global'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  

Jayud Quick Ratio Regression Statistics

Arithmetic Mean1.02
Geometric Mean1.02
Coefficient Of Variation7.87
Mean Deviation0.04
Median1.03
Standard Deviation0.08
Sample Variance0.01
Range0.3725
R-Value(0.17)
Mean Square Error0.01
R-Squared0.03
Significance0.56
Slope(0)
Total Sum of Squares0.09

Jayud Quick Ratio History

2024 1.09
2023 0.75
2022 1.05
2021 1.12

About Jayud Global Financial Statements

Jayud Global stakeholders use historical fundamental indicators, such as Jayud Global's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Jayud Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Jayud Global's assets and liabilities are reflected in the revenues and expenses on Jayud Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Jayud Global Logistics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.75  1.09 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Jayud Global Logistics is a strong investment it is important to analyze Jayud Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Jayud Global's future performance. For an informed investment choice regarding Jayud Stock, refer to the following important reports:
Check out the analysis of Jayud Global Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Air Freight & Logistics 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 Jayud Global. If investors know Jayud 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 Jayud Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.43)
Revenue Per Share
28.051
Quarterly Revenue Growth
0.597
Return On Assets
(0.39)
Return On Equity
(31.08)
The market value of Jayud Global Logistics is measured differently than its book value, which is the value of Jayud that is recorded on the company's balance sheet. Investors also form their own opinion of Jayud Global's value that differs from its market value or its book value, called intrinsic value, which is Jayud Global's 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 Jayud Global's market value can be influenced by many factors that don't directly affect Jayud Global's 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 Jayud Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jayud Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jayud Global's 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.