Kura Current Ratio from 2010 to 2024

KURA Stock  USD 18.57  1.01  5.75%   
Kura Oncology's Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 7.90. 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
12.26444148
Current Value
7.9
Quarterly Volatility
8.6366936
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kura Oncology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kura Oncology's main balance sheet or income statement drivers, such as Other Operating Expenses of 174.1 M, Total Operating Expenses of 174.1 M or Interest Expense of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.78. Kura financial statements analysis is a perfect complement when working with Kura Oncology Valuation or Volatility modules.
  
Check out the analysis of Kura Oncology Correlation against competitors.
For information on how to trade Kura Stock refer to our How to Trade Kura Stock guide.

Latest Kura Oncology's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Kura Oncology 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. Kura Oncology's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kura Oncology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 25.73 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Kura Current Ratio Regression Statistics

Arithmetic Mean10.37
Geometric Mean3.17
Coefficient Of Variation83.32
Mean Deviation7.22
Median12.26
Standard Deviation8.64
Sample Variance74.59
Range24.4291
R-Value0.70
Mean Square Error40.70
R-Squared0.49
Significance0
Slope1.36
Total Sum of Squares1,044

Kura Current Ratio History

2024 7.9
2023 12.26
2022 18.56
2021 23.26
2020 24.49
2019 15.39
2018 13.31

About Kura Oncology Financial Statements

Kura Oncology stakeholders use historical fundamental indicators, such as Kura Oncology's Current Ratio, to determine how well the company is positioned to perform in the future. Although Kura Oncology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kura Oncology's assets and liabilities are reflected in the revenues and expenses on Kura Oncology'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 Kura Oncology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 12.26  7.90 

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 Kura Oncology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kura Oncology's 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 Kura Oncology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kura Oncology Stock:
Check out the analysis of Kura Oncology Correlation against competitors.
For information on how to trade Kura Stock refer to our How to Trade Kura Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Biotechnology 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 Kura Oncology. If investors know Kura 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 Kura Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.35)
Return On Assets
(0.29)
Return On Equity
(0.46)
The market value of Kura Oncology is measured differently than its book value, which is the value of Kura that is recorded on the company's balance sheet. Investors also form their own opinion of Kura Oncology's value that differs from its market value or its book value, called intrinsic value, which is Kura Oncology'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 Kura Oncology's market value can be influenced by many factors that don't directly affect Kura Oncology'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 Kura Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kura Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kura Oncology'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.