Blink Quick Ratio from 2010 to 2024
| BLNK Stock | USD 3.04 0.15 5.19% |
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 2.39792829 | Current Value 1.64 | Quarterly Volatility 2.85789152 |
Check Blink Charging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blink main balance sheet or income statement drivers, such as Interest Expense of 3.7 M, Selling General Administrative of 134.2 M or Other Operating Expenses of 258.3 M, as well as many exotic indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0 or PTB Ratio of 0.71. Blink financial statements analysis is a perfect complement when working with Blink Charging Valuation or Volatility modules.
Blink | Quick Ratio |
Latest Blink Charging's Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of Blink Charging Co 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. Blink Charging's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blink Charging's overall financial position and show how it may be relating to other accounts over time.
| Quick Ratio | 10 Years Trend |
|
Quick Ratio |
| Timeline |
Blink Quick Ratio Regression Statistics
| Arithmetic Mean | 1.94 | |
| Geometric Mean | 0.44 | |
| Coefficient Of Variation | 147.07 | |
| Mean Deviation | 1.78 | |
| Median | 1.20 | |
| Standard Deviation | 2.86 | |
| Sample Variance | 8.17 | |
| Range | 11.1568 | |
| R-Value | 0.41 | |
| Mean Square Error | 7.35 | |
| R-Squared | 0.16 | |
| Significance | 0.13 | |
| Slope | 0.26 | |
| Total Sum of Squares | 114.35 |
Blink Quick Ratio History
About Blink Charging Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Blink Charging income statement, its balance sheet, and the statement of cash flows. Blink Charging investors use historical funamental indicators, such as Blink Charging's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Blink Charging investors may use each financial statement separately, they are all related. The changes in Blink Charging's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Blink Charging'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 Blink Charging Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Blink Charging. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Quick Ratio | 2.40 | 1.64 |
Pair Trading with Blink Charging
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blink Charging position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blink Charging will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Blink Charging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blink Charging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blink Charging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blink Charging Co to buy it.
The correlation of Blink Charging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blink Charging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blink Charging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blink Charging can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Blink Charging Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Blink Stock analysis
When running Blink Charging's price analysis, check to measure Blink Charging'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 Blink Charging is operating at the current time. Most of Blink Charging's value examination focuses on studying past and present price action to predict the probability of Blink Charging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blink Charging's price. Additionally, you may evaluate how the addition of Blink Charging to your portfolios can decrease your overall portfolio volatility.
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Is Blink Charging'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 Blink Charging. If investors know Blink 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 Blink Charging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.21) | Revenue Per Share 2.215 | Quarterly Revenue Growth 0.889 | Return On Assets (0.16) | Return On Equity (0.74) |
The market value of Blink Charging is measured differently than its book value, which is the value of Blink that is recorded on the company's balance sheet. Investors also form their own opinion of Blink Charging's value that differs from its market value or its book value, called intrinsic value, which is Blink Charging'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 Blink Charging's market value can be influenced by many factors that don't directly affect Blink Charging'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 Blink Charging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blink Charging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blink Charging'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.