Analog Current Ratio from 2010 to 2024

ADI Stock  USD 214.59  0.63  0.29%   
Analog Devices' Current Ratio is decreasing with slightly volatile movements from year to year. Current Ratio is estimated to finish at 3.22 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
1.84447899
Current Value
3.22
Quarterly Volatility
1.65620264
 
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Covid
Check Analog Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Analog Devices' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 319.6 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 8.19, Ptb Ratio of 2.64 or Days Sales Outstanding of 62.9. Analog financial statements analysis is a perfect complement when working with Analog Devices Valuation or Volatility modules.
  
Check out the analysis of Analog Devices Correlation against competitors.
For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.

Latest Analog Devices' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Analog Devices 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. Analog Devices' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Analog Devices' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.02 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Analog Current Ratio Regression Statistics

Arithmetic Mean2.43
Geometric Mean2.03
Coefficient Of Variation68.04
Mean Deviation1.39
Median1.37
Standard Deviation1.66
Sample Variance2.74
Range4.0602
R-Value(0.55)
Mean Square Error2.05
R-Squared0.31
Significance0.03
Slope(0.20)
Total Sum of Squares38.40

Analog Current Ratio History

2024 3.22
2023 1.84
2019 1.37
2014 1.32
2011 5.38
2010 3.26

About Analog Devices Financial Statements

Investors use fundamental indicators, such as Analog Devices' Current Ratio, to determine how well the company is positioned to perform in the future. Although Analog Devices' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 1.84  3.22 

Currently Active Assets on Macroaxis

When determining whether Analog Devices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Analog Devices' 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 Analog Devices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Analog Devices Stock:
Check out the analysis of Analog Devices Correlation against competitors.
For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Semiconductors & Semiconductor Equipment 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 Analog Devices. If investors know Analog 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 Analog Devices 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
(0.55)
Dividend Share
3.62
Earnings Share
3.33
Revenue Per Share
19.544
Quarterly Revenue Growth
(0.25)
The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' 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 Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' 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 Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' 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.