Forafric Current Ratio from 2010 to 2024

AFRIW Stock  USD 1.09  0.06  5.22%   
Forafric Global Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average 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
0.47872731
Current Value
0.61
Quarterly Volatility
0.03777364
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forafric Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forafric Global's main balance sheet or income statement drivers, such as Interest Income of 35.1 K, Depreciation And Amortization of 6.1 M or Interest Expense of 11.7 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 13.11. Forafric financial statements analysis is a perfect complement when working with Forafric Global Valuation or Volatility modules.
  
Check out the analysis of Forafric Global Correlation against competitors.

Latest Forafric Global's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Forafric Global PLC 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. Forafric Global's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forafric Global'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  

Forafric Current Ratio Regression Statistics

Arithmetic Mean0.53
Geometric Mean0.53
Coefficient Of Variation7.12
Mean Deviation0.03
Median0.51
Standard Deviation0.04
Sample Variance0
Range0.1313
R-Value0.55
Mean Square Error0
R-Squared0.30
Significance0.04
Slope0
Total Sum of Squares0.02

Forafric Current Ratio History

2024 0.61
2023 0.48
2022 0.6
2021 0.58
2020 0.55

About Forafric Global Financial Statements

Forafric Global investors use historical fundamental indicators, such as Forafric Global's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forafric Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.48  0.61 

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Additional Tools for Forafric Stock Analysis

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