Associated Quick Ratio from 2010 to 2024

AC Stock  USD 32.78  0.06  0.18%   
Associated Capital's Quick Ratio is increasing over the years with slightly volatile fluctuation. Overall, Quick Ratio is expected to go to 19.09 this year. 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
18.18358131
Current Value
19.09
Quarterly Volatility
9.57444575
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Associated Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Associated main balance sheet or income statement drivers, such as Depreciation And Amortization of 378 K, Interest Expense of 595.7 K or Selling General Administrative of 6.5 M, as well as many exotic indicators such as Price To Sales Ratio of 27.58, Dividend Yield of 0.0043 or PTB Ratio of 1.11. Associated financial statements analysis is a perfect complement when working with Associated Capital Valuation or Volatility modules.
  
This module can also supplement various Associated Capital Technical models . Check out the analysis of Associated Capital Correlation against competitors.

Latest Associated Capital's Quick Ratio Growth Pattern

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

Associated Quick Ratio Regression Statistics

Arithmetic Mean6.75
Coefficient Of Variation141.89
Mean Deviation8.43
Median0.40
Standard Deviation9.57
Sample Variance91.67
Range29.1344
R-Value0.84
Mean Square Error29.37
R-Squared0.70
Significance0.000095
Slope1.79
Total Sum of Squares1,283

Associated Quick Ratio History

2024 19.09
2023 18.18
2022 25.35
2021 10.6
2020 15.76
2019 8.1
2018 13.34

About Associated Capital Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Associated Capital income statement, its balance sheet, and the statement of cash flows. Associated Capital investors use historical funamental indicators, such as Associated Capital's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Associated Capital investors may use each financial statement separately, they are all related. The changes in Associated Capital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Associated Capital'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 Associated Capital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Associated Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 18.18  19.09 
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 Associated Capital 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, Associated Capital's short interest history, or implied volatility extrapolated from Associated Capital options trading.

Pair Trading with Associated Capital

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 Associated Capital 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 Associated Capital will appreciate offsetting losses from the drop in the long position's value.

Moving against Associated Stock

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The ability to find closely correlated positions to Associated Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated Capital 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 Associated Capital - 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 Associated Capital Group to buy it.
The correlation of Associated Capital 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 Associated Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Capital 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 Associated Capital 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.
Pair CorrelationCorrelation Matching
When determining whether Associated Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Capital'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 Associated Capital Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Capital Group Stock:
Check out the analysis of Associated Capital Correlation against competitors.
Note that the Associated Capital information on this page should be used as a complementary analysis to other Associated Capital'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Associated Stock analysis

When running Associated Capital's price analysis, check to measure Associated Capital'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 Associated Capital is operating at the current time. Most of Associated Capital's value examination focuses on studying past and present price action to predict the probability of Associated Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Capital's price. Additionally, you may evaluate how the addition of Associated Capital to your portfolios can decrease your overall portfolio volatility.
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Is Associated Capital'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 Associated Capital. If investors know Associated 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 Associated Capital 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
0.214
Dividend Share
0.2
Earnings Share
1.72
Revenue Per Share
0.583
Quarterly Revenue Growth
(0.25)
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.