United Current Ratio from 2010 to 2024

UG Stock  USD 12.27  0.28  2.23%   
United Guardian's Current Ratio is decreasing over the last several years with slightly volatile swings. Current Ratio is predicted to flatten to 5.96. 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
7.98609424
Current Value
5.96
Quarterly Volatility
3.63497193
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Guardian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Guardian's main balance sheet or income statement drivers, such as Depreciation And Amortization of 153.7 K, Interest Expense of 2 M or Total Revenue of 11.2 M, as well as many indicators such as Price To Sales Ratio of 3.7, Dividend Yield of 0.0132 or PTB Ratio of 2.76. United financial statements analysis is a perfect complement when working with United Guardian Valuation or Volatility modules.
  
Check out the analysis of United Guardian Correlation against competitors.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.

Latest United Guardian's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of United Guardian 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. United Guardian's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Guardian's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.59 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

United Current Ratio Regression Statistics

Arithmetic Mean9.84
Geometric Mean9.20
Coefficient Of Variation36.96
Mean Deviation3.17
Median8.55
Standard Deviation3.63
Sample Variance13.21
Range10.2998
R-Value(0.56)
Mean Square Error9.70
R-Squared0.32
Significance0.03
Slope(0.46)
Total Sum of Squares184.98

United Current Ratio History

2024 5.96
2023 7.99
2022 7.26
2021 4.95
2020 7.95
2019 8.61
2018 8.55

About United Guardian Financial Statements

United Guardian stakeholders use historical fundamental indicators, such as United Guardian's Current Ratio, to determine how well the company is positioned to perform in the future. Although United Guardian investors may analyze each financial statement separately, they are all interrelated. For example, changes in United Guardian's assets and liabilities are reflected in the revenues and expenses on United Guardian'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 United Guardian. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 7.99  5.96 

Currently Active Assets on Macroaxis

Check out the analysis of United Guardian Correlation against competitors.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Personal Care Products 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 United Guardian. If investors know United 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 United Guardian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.074
Dividend Share
0.6
Earnings Share
0.71
Revenue Per Share
2.679
Quarterly Revenue Growth
0.279
The market value of United Guardian is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Guardian's value that differs from its market value or its book value, called intrinsic value, which is United Guardian'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 United Guardian's market value can be influenced by many factors that don't directly affect United Guardian'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 United Guardian's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Guardian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Guardian'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.