KORE Current Ratio from 2010 to 2024
| KORE Stock | USD 0.80 0.03 3.90% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 1.3689714 | Current Value 1.45 | Quarterly Volatility 0.62510629 |
Check KORE Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KORE main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.6 M, Interest Expense of 32.1 M or Selling General Administrative of 103.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 2.11. KORE financial statements analysis is a perfect complement when working with KORE Group Valuation or Volatility modules.
KORE | Current Ratio |
Latest KORE Group's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of KORE Group Holdings 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. KORE Group's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KORE Group's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.32 X | 10 Years Trend |
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Current Ratio |
| Timeline |
KORE Current Ratio Regression Statistics
| Arithmetic Mean | 1.33 | |
| Geometric Mean | 1.25 | |
| Coefficient Of Variation | 46.86 | |
| Mean Deviation | 0.39 | |
| Median | 1.05 | |
| Standard Deviation | 0.63 | |
| Sample Variance | 0.39 | |
| Range | 2.2904 | |
| R-Value | 0.50 | |
| Mean Square Error | 0.32 | |
| R-Squared | 0.25 | |
| Significance | 0.06 | |
| Slope | 0.07 | |
| Total Sum of Squares | 5.47 |
KORE Current Ratio History
About KORE Group Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include KORE Group income statement, its balance sheet, and the statement of cash flows. KORE Group investors use historical funamental indicators, such as KORE Group's Current Ratio, to determine how well the company is positioned to perform in the future. Although KORE Group investors may use each financial statement separately, they are all related. The changes in KORE Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on KORE Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on KORE Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in KORE Group. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.37 | 1.45 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards KORE Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, KORE Group's short interest history, or implied volatility extrapolated from KORE Group options trading.
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Complementary Tools for KORE Stock analysis
When running KORE Group's price analysis, check to measure KORE 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 KORE Group is operating at the current time. Most of KORE Group's value examination focuses on studying past and present price action to predict the probability of KORE 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 KORE Group's price. Additionally, you may evaluate how the addition of KORE Group to your portfolios can decrease your overall portfolio volatility.
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Is KORE Group's industry 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 KORE Group. If investors know KORE 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 KORE Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.99) | Revenue Per Share 3.301 | Quarterly Revenue Growth 0.161 | Return On Assets (0.04) | Return On Equity (1.53) |
The market value of KORE Group Holdings is measured differently than its book value, which is the value of KORE that is recorded on the company's balance sheet. Investors also form their own opinion of KORE Group's value that differs from its market value or its book value, called intrinsic value, which is KORE Group'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 KORE Group's market value can be influenced by many factors that don't directly affect KORE Group'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 KORE Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if KORE Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KORE Group'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.