Icecure Current Ratio from 2010 to 2024

ICCM Stock  USD 1.04  0.02  1.96%   
Icecure Medical Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to grow to 4.95 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
3.66416947
Current Value
4.95
Quarterly Volatility
1.85621607
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Icecure Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icecure main balance sheet or income statement drivers, such as Depreciation And Amortization of 339.1 K, Interest Expense of 120.2 K or Selling General Administrative of 7.8 M, as well as many exotic indicators such as Price To Sales Ratio of 14.37, Dividend Yield of 0.0 or PTB Ratio of 4.22. Icecure financial statements analysis is a perfect complement when working with Icecure Medical Valuation or Volatility modules.
  
This module can also supplement various Icecure Medical Technical models . Check out the analysis of Icecure Medical Correlation against competitors.
To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.

Latest Icecure Medical's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Icecure Medical over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Icecure Medical's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Icecure Medical's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.99 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Icecure Current Ratio Regression Statistics

Arithmetic Mean4.40
Geometric Mean3.97
Coefficient Of Variation42.22
Mean Deviation1.38
Median3.99
Standard Deviation1.86
Sample Variance3.45
Range6.3953
R-Value0.12
Mean Square Error3.66
R-Squared0.01
Significance0.67
Slope0.05
Total Sum of Squares48.24

Icecure Current Ratio History

2024 4.95
2023 3.66
2022 6.49
2021 7.54
2020 2.48
2019 1.9
2018 4.42

About Icecure Medical Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Icecure Medical income statement, its balance sheet, and the statement of cash flows. Icecure Medical investors use historical funamental indicators, such as Icecure Medical's Current Ratio, to determine how well the company is positioned to perform in the future. Although Icecure Medical investors may use each financial statement separately, they are all related. The changes in Icecure Medical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Icecure Medical'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 Icecure Medical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Icecure Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.66  4.95 

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When determining whether Icecure Medical is a strong investment it is important to analyze Icecure Medical'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 Icecure Medical's future performance. For an informed investment choice regarding Icecure Stock, refer to the following important reports:
Check out the analysis of Icecure Medical Correlation against competitors.
To learn how to invest in Icecure Stock, please use our How to Invest in Icecure Medical guide.
Note that the Icecure Medical information on this page should be used as a complementary analysis to other Icecure Medical'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Icecure Medical's price analysis, check to measure Icecure Medical'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 Icecure Medical is operating at the current time. Most of Icecure Medical's value examination focuses on studying past and present price action to predict the probability of Icecure Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icecure Medical's price. Additionally, you may evaluate how the addition of Icecure Medical to your portfolios can decrease your overall portfolio volatility.
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Is Icecure Medical'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 Icecure Medical. If investors know Icecure 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 Icecure Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Revenue Per Share
0.071
Quarterly Revenue Growth
0.337
Return On Assets
(0.42)
Return On Equity
(0.78)
The market value of Icecure Medical is measured differently than its book value, which is the value of Icecure that is recorded on the company's balance sheet. Investors also form their own opinion of Icecure Medical's value that differs from its market value or its book value, called intrinsic value, which is Icecure Medical'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 Icecure Medical's market value can be influenced by many factors that don't directly affect Icecure Medical'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 Icecure Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icecure Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icecure Medical'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.