SOAR
Price:
$1.37
Market Cap:
$7.69M
Volato Group, Inc. operates as a private aviation company. The company offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, it operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. The company was founded in 2021 and is based in Chamblee, Georgia.
Industry
Airlines, Airports & Air Services
IPO Date
2022-01-21
Stock Exchange
AMEX
Ticker
SOAR
According to Volato Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.21. This represents a change of 62.45% compared to the average of 0.74 of the last 4 quarters.
The mean historical Current Ratio of Volato Group, Inc. over the last ten years is 0.65. The current 1.21 Current Ratio has changed 18.42% with respect to the historical average. Over the past ten years (40 quarters), SOAR's Current Ratio was at its highest in in the December 2021 quarter at 22.39. The Current Ratio was at its lowest in in the June 2021 quarter at 0.
Average
0.65
Median
0.64
Minimum
0.35
Maximum
0.98
Discovering the peaks and valleys of Volato Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 175.10%
Maximum Annual Current Ratio = 0.98
Minimum Annual Increase = -38.89%
Minimum Annual Current Ratio = 0.35
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.70 | -28.66% |
| 2023 | 0.98 | 175.10% |
| 2022 | 0.35 | -38.89% |
The current Current Ratio of Volato Group, Inc. (SOAR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.68
5-year avg
0.65
10-year avg
0.65
Volato Group, Inc.’s Current Ratio is greater than ZOOZ Strategy Ltd. (0.77), greater than Momentus Inc. (0.41), greater than Nauticus Robotics, Inc. (0.21), greater than MingZhu Logistics Holdings Limited (1.00), less than Euro Tech Holdings Company Limited (2.30), less than Multi Ways Holdings Limited (1.45), less than Chicago Rivet & Machine Co. (6.77), less than Galaxy Payroll Group Limited (5.20), less than Polar Power, Inc. (1.25), less than OceanPal Inc. (7.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.77 | $6.37M | |
| 0.41 | $7.42M | |
| 0.21 | $6.67M | |
| 1.00 | $304.30K | |
| 2.30 | $8.23M | |
| 1.45 | $9.00M | |
| 6.77 | $10.32M | |
| 5.20 | $6.22M | |
| 1.25 | $5.64M | |
| 7.05 | $7.58M |
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What is the Current Ratio?
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What is Volato Group, Inc.'s Current Ratio?
How is the Current Ratio calculated for Volato Group, Inc. (SOAR)?
What is the highest Current Ratio for Volato Group, Inc. (SOAR)?
What is the 3-year average Current Ratio for Volato Group, Inc. (SOAR)?
What is the 5-year average Current Ratio for Volato Group, Inc. (SOAR)?
How does the current Current Ratio for Volato Group, Inc. (SOAR) compare to its historical average?