ACNB Current Ratio from 2010 to 2024

ACNB Stock  USD 47.96  0.34  0.71%   
ACNB's Current Ratio is increasing over the years with very volatile fluctuation. Current Ratio is expected to dwindle to 0.04. 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
0.04306331
Current Value
0.0409
Quarterly Volatility
11.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ACNB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ACNB's main balance sheet or income statement drivers, such as Interest Expense of 9.4 M, Selling General Administrative of 44.4 M or Total Revenue of 111.7 M, as well as many indicators such as Price To Sales Ratio of 3.41, Dividend Yield of 0.0461 or PTB Ratio of 1.58. ACNB financial statements analysis is a perfect complement when working with ACNB Valuation or Volatility modules.
  
Check out the analysis of ACNB Correlation against competitors.

Latest ACNB's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of ACNB Corporation 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. ACNB's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ACNB's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

ACNB Current Ratio Regression Statistics

Arithmetic Mean2,975
Geometric Mean17.21
Coefficient Of Variation380.51
Mean Deviation5,456
Median19.03
Standard Deviation11,320
Sample Variance128.2M
Range43.9K
R-Value0.06
Mean Square Error137.5M
R-Squared0
Significance0.83
Slope157.74
Total Sum of Squares1.8B

ACNB Current Ratio History

2024 0.0409
2023 0.0431
2022 16.0
2021 29.82
2020 17.72
2019 406.92
201843.9 K

About ACNB Financial Statements

ACNB stakeholders use historical fundamental indicators, such as ACNB's Current Ratio, to determine how well the company is positioned to perform in the future. Although ACNB investors may analyze each financial statement separately, they are all interrelated. For example, changes in ACNB's assets and liabilities are reflected in the revenues and expenses on ACNB's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ACNB Corporation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.04  0.04 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ACNB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACNB'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 Acnb Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acnb Corporation Stock:
Check out the analysis of ACNB Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Regional Banks 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 ACNB. If investors know ACNB 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 ACNB 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
(0.21)
Dividend Share
1.24
Earnings Share
3.44
Revenue Per Share
12.525
Quarterly Revenue Growth
(0.01)
The market value of ACNB is measured differently than its book value, which is the value of ACNB that is recorded on the company's balance sheet. Investors also form their own opinion of ACNB's value that differs from its market value or its book value, called intrinsic value, which is ACNB'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 ACNB's market value can be influenced by many factors that don't directly affect ACNB'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 ACNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACNB'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.