Alliance Current Ratio from 2010 to 2024

AENT Stock   5.00  0.42  9.17%   
Alliance Entertainment Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.83 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
1.32648053
Current Value
0.83
Quarterly Volatility
0.12888239
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alliance Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alliance Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.3 M, Selling General Administrative of 70.3 M or Selling And Marketing Expenses of 46.4 M, as well as many indicators such as Price To Sales Ratio of 0.0754, Dividend Yield of 0.039 or PTB Ratio of 1.25. Alliance financial statements analysis is a perfect complement when working with Alliance Entertainment Valuation or Volatility modules.
  
Check out the analysis of Alliance Entertainment Correlation against competitors.

Latest Alliance Entertainment's Current Ratio Growth Pattern

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

Alliance Current Ratio Regression Statistics

Arithmetic Mean0.93
Geometric Mean0.93
Coefficient Of Variation13.78
Mean Deviation0.09
Median0.89
Standard Deviation0.13
Sample Variance0.02
Range0.4965
R-Value0.42
Mean Square Error0.01
R-Squared0.17
Significance0.12
Slope0.01
Total Sum of Squares0.23

Alliance Current Ratio History

2024 0.83
2023 1.33
2022 0.87
2021 1.02
2020 1.11

About Alliance Entertainment Financial Statements

Alliance Entertainment shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Alliance Entertainment investors may analyze each financial statement separately, they are all interrelated. The changes in Alliance Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alliance Entertainment'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 1.33  0.83 

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Additional Tools for Alliance Stock Analysis

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