VNET Quick Ratio from 2010 to 2024

VNET Stock  USD 3.75  0.58  13.39%   
VNET Group 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
0.85891096
Current Value
1.63
Quarterly Volatility
0.83960188
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VNET Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VNET Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 214.8 M or Selling General Administrative of 471.2 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 3.0E-4 or PTB Ratio of 0.48. VNET financial statements analysis is a perfect complement when working with VNET Group Valuation or Volatility modules.
  
Check out the analysis of VNET Group Correlation against competitors.

Latest VNET Group's Quick Ratio Growth Pattern

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

VNET Quick Ratio Regression Statistics

Arithmetic Mean1.53
Geometric Mean1.35
Coefficient Of Variation55.02
Mean Deviation0.67
Median1.19
Standard Deviation0.84
Sample Variance0.70
Range2.6247
R-Value(0.33)
Mean Square Error0.67
R-Squared0.11
Significance0.22
Slope(0.06)
Total Sum of Squares9.87

VNET Quick Ratio History

2024 1.63
2023 0.86
2021 0.96
2020 0.94
2019 1.06
2018 2.13
2017 2.39

About VNET Group Financial Statements

VNET Group shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although VNET Group investors may analyze each financial statement separately, they are all interrelated. The changes in VNET Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on VNET Group'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 0.86  1.63 

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Additional Tools for VNET Stock Analysis

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