Spectral Quick Ratio from 2010 to 2024

MDAI Stock   1.61  0.02  1.26%   
Spectral's Quick Ratio is decreasing with slightly volatile movements from year to year. Quick Ratio is predicted to flatten to 0.55. 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
0.57543746
Current Value
0.55
Quarterly Volatility
1.10131377
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spectral financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spectral's main balance sheet or income statement drivers, such as Income Tax Expense of 10.4 K, Tax Provision of 7 K or Net Interest Income of 180.6 K, as well as many indicators such as Price To Sales Ratio of 1.82, Dividend Yield of 0.0 or Days Sales Outstanding of 33.44. Spectral financial statements analysis is a perfect complement when working with Spectral Valuation or Volatility modules.
  
Check out the analysis of Spectral Correlation against competitors.

Latest Spectral's Quick Ratio Growth Pattern

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

Spectral Quick Ratio Regression Statistics

Arithmetic Mean3.20
Geometric Mean2.81
Coefficient Of Variation34.41
Mean Deviation0.77
Median3.68
Standard Deviation1.10
Sample Variance1.21
Range3.133
R-Value(0.66)
Mean Square Error0.74
R-Squared0.44
Significance0.01
Slope(0.16)
Total Sum of Squares16.98

Spectral Quick Ratio History

2024 0.55
2023 0.58
2022 2.68

About Spectral Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Spectral income statement, its balance sheet, and the statement of cash flows. Spectral investors use historical funamental indicators, such as Spectral's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Spectral investors may use each financial statement separately, they are all related. The changes in Spectral's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Spectral'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 Spectral Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Spectral. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.58  0.55 

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Additional Information and Resources on Investing in Spectral Stock

When determining whether Spectral AI is a strong investment it is important to analyze Spectral'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 Spectral's future performance. For an informed investment choice regarding Spectral Stock, refer to the following important reports:
Check out the analysis of Spectral Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Health Care Equipment & Supplies space 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 Spectral. If investors know Spectral 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 Spectral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.21)
Revenue Per Share
0.139
Quarterly Revenue Growth
(0.51)
Return On Assets
(0.48)
Return On Equity
(2.83)
The market value of Spectral AI is measured differently than its book value, which is the value of Spectral that is recorded on the company's balance sheet. Investors also form their own opinion of Spectral's value that differs from its market value or its book value, called intrinsic value, which is Spectral'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 Spectral's market value can be influenced by many factors that don't directly affect Spectral'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 Spectral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectral'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.