Odyssey Quick Ratio from 2010 to 2024

OMEX Stock  USD 3.74  0.01  0.27%   
Odyssey Marine Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.05 in 2024. 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
0.0538
Current Value
0.0511
Quarterly Volatility
0.2264725
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Odyssey Marine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Odyssey main balance sheet or income statement drivers, such as Interest Expense of 17 M, Total Revenue of 1.5 M or Other Operating Expenses of 17.6 M, as well as many exotic indicators such as Price To Sales Ratio of 54.98, Dividend Yield of 0.13 or Days Sales Outstanding of 473. Odyssey financial statements analysis is a perfect complement when working with Odyssey Marine Valuation or Volatility modules.
  
This module can also supplement Odyssey Marine's financial leverage analysis and stock options assessment as well as various Odyssey Marine Technical models . Check out the analysis of Odyssey Marine Correlation against competitors.

Latest Odyssey Marine's Quick Ratio Growth Pattern

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

Odyssey Quick Ratio Regression Statistics

Arithmetic Mean0.18
Geometric Mean0.08
Coefficient Of Variation126.00
Mean Deviation0.18
Median0.08
Standard Deviation0.23
Sample Variance0.05
Range0.7689
R-Value(0.54)
Mean Square Error0.04
R-Squared0.29
Significance0.04
Slope(0.03)
Total Sum of Squares0.72

Odyssey Quick Ratio History

2024 0.0511
2023 0.0538
2022 0.0468
2021 0.0483
2019 0.0124
2018 0.0851
2017 0.0402

About Odyssey Marine Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Odyssey Marine income statement, its balance sheet, and the statement of cash flows. Odyssey Marine investors use historical funamental indicators, such as Odyssey Marine's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Odyssey Marine investors may use each financial statement separately, they are all related. The changes in Odyssey Marine's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Odyssey Marine'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 Odyssey Marine Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Odyssey Marine. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.05  0.05 
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 Odyssey Marine 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, Odyssey Marine's short interest history, or implied volatility extrapolated from Odyssey Marine options trading.

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When determining whether Odyssey Marine Explo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Odyssey Marine'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 Odyssey Marine Exploration Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Odyssey Marine Exploration Stock:
Check out the analysis of Odyssey Marine Correlation against competitors.
Note that the Odyssey Marine Explo information on this page should be used as a complementary analysis to other Odyssey Marine's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Odyssey Marine's price analysis, check to measure Odyssey Marine'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 Odyssey Marine is operating at the current time. Most of Odyssey Marine's value examination focuses on studying past and present price action to predict the probability of Odyssey Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Marine's price. Additionally, you may evaluate how the addition of Odyssey Marine to your portfolios can decrease your overall portfolio volatility.
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Is Odyssey Marine'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 Odyssey Marine. If investors know Odyssey 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 Odyssey Marine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.06
Revenue Per Share
0.056
Quarterly Revenue Growth
(0.56)
Return On Assets
(0.54)
The market value of Odyssey Marine Explo is measured differently than its book value, which is the value of Odyssey that is recorded on the company's balance sheet. Investors also form their own opinion of Odyssey Marine's value that differs from its market value or its book value, called intrinsic value, which is Odyssey Marine'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 Odyssey Marine's market value can be influenced by many factors that don't directly affect Odyssey Marine'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 Odyssey Marine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Odyssey Marine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Odyssey Marine'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.