Alphabet Quick Ratio from 2010 to 2024

GOOG Stock  USD 156.33  2.86  1.80%   
Alphabet's Quick Ratio is decreasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 1.84. 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
1.94196592
Current Value
1.84
Quarterly Volatility
1.33194513
 
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Covid
Check Alphabet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alphabet main balance sheet or income statement drivers, such as Interest Expense of 323.4 M, Selling General Administrative of 17.2 B or Total Revenue of 322.8 B, as well as many exotic indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or PTB Ratio of 5.97. Alphabet financial statements analysis is a perfect complement when working with Alphabet Valuation or Volatility modules.
  
This module can also supplement Alphabet's financial leverage analysis and stock options assessment as well as various Alphabet Technical models . Check out the analysis of Alphabet Correlation against competitors.

Latest Alphabet's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Alphabet Inc Class C 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. Alphabet's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alphabet'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  

Alphabet Quick Ratio Regression Statistics

Arithmetic Mean3.67
Geometric Mean3.44
Coefficient Of Variation36.29
Mean Deviation1.11
Median3.76
Standard Deviation1.33
Sample Variance1.77
Range4.1617
R-Value(0.60)
Mean Square Error1.22
R-Squared0.36
Significance0.02
Slope(0.18)
Total Sum of Squares24.84

Alphabet Quick Ratio History

2024 1.84
2023 1.94
2022 2.22
2021 2.8
2020 2.96
2019 3.25
2018 3.76

About Alphabet Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alphabet income statement, its balance sheet, and the statement of cash flows. Alphabet investors use historical funamental indicators, such as Alphabet's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Alphabet investors may use each financial statement separately, they are all related. The changes in Alphabet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alphabet'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 Alphabet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alphabet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.94  1.84 

Alphabet Investors Sentiment

The influence of Alphabet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alphabet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alphabet's public news can be used to forecast risks associated with an investment in Alphabet. The trend in average sentiment can be used to explain how an investor holding Alphabet can time the market purely based on public headlines and social activities around Alphabet Inc Class C. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alphabet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alphabet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alphabet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alphabet.

Alphabet Implied Volatility

    
  35.79  
Alphabet's implied volatility exposes the market's sentiment of Alphabet Inc Class C stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alphabet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alphabet stock will not fluctuate a lot when Alphabet's options are near their expiration.
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 Alphabet 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, Alphabet's short interest history, or implied volatility extrapolated from Alphabet options trading.

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When determining whether Alphabet Class C is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:

Complementary Tools for Alphabet Stock analysis

When running Alphabet's price analysis, check to measure Alphabet'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 Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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Is Alphabet'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 Alphabet. If investors know Alphabet 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 Alphabet 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
0.56
Earnings Share
5.8
Revenue Per Share
24.338
Quarterly Revenue Growth
0.135
Return On Assets
0.1437
The market value of Alphabet Class C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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 Alphabet's market value can be influenced by many factors that don't directly affect Alphabet'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 Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.