Intrepid Quick Ratio from 2010 to 2024

IPI Stock  USD 19.73  0.03  0.15%   
Intrepid Potash's Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 0.62. 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
0.65673151
Current Value
0.62
Quarterly Volatility
0.98383958
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Intrepid Potash financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intrepid main balance sheet or income statement drivers, such as Depreciation And Amortization of 41.7 M, Interest Expense of 761.9 K or Selling General Administrative of 24.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.04, Dividend Yield of 0.0014 or PTB Ratio of 0.42. Intrepid financial statements analysis is a perfect complement when working with Intrepid Potash Valuation or Volatility modules.
  
This module can also supplement Intrepid Potash's financial leverage analysis and stock options assessment as well as various Intrepid Potash Technical models . Check out the analysis of Intrepid Potash Correlation against competitors.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.

Latest Intrepid Potash's Quick Ratio Growth Pattern

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

Intrepid Quick Ratio Regression Statistics

Arithmetic Mean1.29
Geometric Mean1.06
Coefficient Of Variation76.02
Mean Deviation0.69
Median0.99
Standard Deviation0.98
Sample Variance0.97
Range3.7324
R-Value(0.55)
Mean Square Error0.73
R-Squared0.30
Significance0.03
Slope(0.12)
Total Sum of Squares13.55

Intrepid Quick Ratio History

2024 0.62
2023 0.66
2022 1.06
2021 0.99
2020 0.65
2018 1.7
2017 0.52

About Intrepid Potash Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Intrepid Potash income statement, its balance sheet, and the statement of cash flows. Intrepid Potash investors use historical funamental indicators, such as Intrepid Potash's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Intrepid Potash investors may use each financial statement separately, they are all related. The changes in Intrepid Potash's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Intrepid Potash'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 Intrepid Potash Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Intrepid Potash. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.66  0.62 
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 Intrepid Potash 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, Intrepid Potash's short interest history, or implied volatility extrapolated from Intrepid Potash options trading.

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When determining whether Intrepid Potash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intrepid Potash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intrepid Potash Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intrepid Potash Stock:
Check out the analysis of Intrepid Potash Correlation against competitors.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Intrepid Stock analysis

When running Intrepid Potash's price analysis, check to measure Intrepid Potash'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 Intrepid Potash is operating at the current time. Most of Intrepid Potash's value examination focuses on studying past and present price action to predict the probability of Intrepid Potash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intrepid Potash's price. Additionally, you may evaluate how the addition of Intrepid Potash to your portfolios can decrease your overall portfolio volatility.
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Is Intrepid Potash'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 Intrepid Potash. If investors know Intrepid 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 Intrepid Potash 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
(0.81)
Earnings Share
(2.80)
Revenue Per Share
18.072
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0053
The market value of Intrepid Potash is measured differently than its book value, which is the value of Intrepid that is recorded on the company's balance sheet. Investors also form their own opinion of Intrepid Potash's value that differs from its market value or its book value, called intrinsic value, which is Intrepid Potash'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 Intrepid Potash's market value can be influenced by many factors that don't directly affect Intrepid Potash'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 Intrepid Potash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intrepid Potash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intrepid Potash'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.