Olema Current Ratio from 2010 to 2024

OLMA Stock  USD 12.72  0.32  2.58%   
Olema Pharmaceuticals' Current Ratio is increasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 11.71. 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
12.32658059
Current Value
11.71
Quarterly Volatility
16.5372192
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olema Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olema Pharmaceuticals' main balance sheet or income statement drivers, such as Net Interest Income of 6 M, Interest Income of 6 M or Depreciation And Amortization of 445.9 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.63. Olema financial statements analysis is a perfect complement when working with Olema Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Olema Pharmaceuticals Correlation against competitors.
For information on how to trade Olema Stock refer to our How to Trade Olema Stock guide.

Latest Olema Pharmaceuticals' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Olema Pharmaceuticals 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. Olema Pharmaceuticals' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olema Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 19.75 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Olema Current Ratio Regression Statistics

Arithmetic Mean19.22
Geometric Mean12.36
Coefficient Of Variation86.02
Mean Deviation9.07
Median16.13
Standard Deviation16.54
Sample Variance273.48
Range74.5462
R-Value0.13
Mean Square Error289.51
R-Squared0.02
Significance0.64
Slope0.48
Total Sum of Squares3,829

Olema Current Ratio History

2024 11.71
2023 12.33
2022 12.62
2021 31.85
2020 74.62
2019 0.0747

About Olema Pharmaceuticals Financial Statements

Olema Pharmaceuticals stakeholders use historical fundamental indicators, such as Olema Pharmaceuticals' Current Ratio, to determine how well the company is positioned to perform in the future. Although Olema Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Olema Pharmaceuticals' assets and liabilities are reflected in the revenues and expenses on Olema Pharmaceuticals' 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 Olema Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 12.33  11.71 

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When determining whether Olema Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Olema Pharmaceuticals' 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 Olema Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Olema Pharmaceuticals Stock:
Check out the analysis of Olema Pharmaceuticals Correlation against competitors.
For information on how to trade Olema Stock refer to our How to Trade Olema Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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 Olema Pharmaceuticals. If investors know Olema 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 Olema Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.04)
Return On Assets
(0.35)
Return On Equity
(0.56)
The market value of Olema Pharmaceuticals is measured differently than its book value, which is the value of Olema that is recorded on the company's balance sheet. Investors also form their own opinion of Olema Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Olema Pharmaceuticals' 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 Olema Pharmaceuticals' market value can be influenced by many factors that don't directly affect Olema Pharmaceuticals' 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 Olema Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Olema Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olema Pharmaceuticals' 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.