Synalloy Current Ratio from 2010 to 2024

ACNT Stock  USD 10.40  0.07  0.68%   
Synalloy Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 2.59 in 2024. 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
3.60696277
Current Value
2.59
Quarterly Volatility
0.83631235
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synalloy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synalloy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 4.4 M or Total Revenue of 167.4 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.029 or PTB Ratio of 1.65. Synalloy financial statements analysis is a perfect complement when working with Synalloy Valuation or Volatility modules.
  
Check out the analysis of Synalloy Correlation against competitors.
For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.

Latest Synalloy's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Synalloy 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. Synalloy's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synalloy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.84 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Synalloy Current Ratio Regression Statistics

Arithmetic Mean3.50
Geometric Mean3.39
Coefficient Of Variation23.92
Mean Deviation0.63
Median3.61
Standard Deviation0.84
Sample Variance0.70
Range3.3466
R-Value0.25
Mean Square Error0.71
R-Squared0.06
Significance0.37
Slope0.05
Total Sum of Squares9.79

Synalloy Current Ratio History

2023 3.61
2022 5.09
2021 3.17
2020 4.09
2019 3.63
2018 4.5
2017 3.24

About Synalloy Financial Statements

Synalloy shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Synalloy investors may analyze each financial statement separately, they are all interrelated. The changes in Synalloy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Synalloy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 3.61  2.59 

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Additional Tools for Synalloy Stock Analysis

When running Synalloy's price analysis, check to measure Synalloy'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 Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.