Alamos Current Ratio from 2010 to 2024

AGI Stock  USD 18.30  0.57  3.02%   
Alamos Gold's Current Ratio is decreasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 2.25. 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
2.3638564
Current Value
2.25
Quarterly Volatility
9.0300522
 
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Yuan Drop
 
Covid
Check Alamos Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alamos Gold's main balance sheet or income statement drivers, such as Interest Expense of 4.2 M, Selling General Administrative of 21.1 M or Other Operating Expenses of 740.5 M, as well as many indicators such as Price To Sales Ratio of 4.86, Dividend Yield of 0.0106 or PTB Ratio of 3.29. Alamos financial statements analysis is a perfect complement when working with Alamos Gold Valuation or Volatility modules.
  
Check out the analysis of Alamos Gold Correlation against competitors.
For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.

Latest Alamos Gold's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Alamos Gold 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. Alamos Gold's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alamos Gold's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.67 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Alamos Current Ratio Regression Statistics

Arithmetic Mean8.17
Geometric Mean5.46
Coefficient Of Variation110.58
Mean Deviation6.50
Median4.19
Standard Deviation9.03
Sample Variance81.54
Range33.0601
R-Value(0.75)
Mean Square Error37.89
R-Squared0.57
Significance0
Slope(1.52)
Total Sum of Squares1,142

Alamos Current Ratio History

2024 2.25
2023 2.36
2022 2.42
2021 2.92
2020 3.22
2019 3.1
2018 3.04

About Alamos Gold Financial Statements

Investors use fundamental indicators, such as Alamos Gold's Current Ratio, to determine how well the company is positioned to perform in the future. Although Alamos Gold's 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 2.36  2.25 

Currently Active Assets on Macroaxis

When determining whether Alamos Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alamos Gold'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 Alamos Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alamos Gold Stock:
Check out the analysis of Alamos Gold Correlation against competitors.
For more detail on how to invest in Alamos Stock please use our How to Invest in Alamos Gold guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Metals & Mining 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 Alamos Gold. If investors know Alamos 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 Alamos Gold 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
1.011
Dividend Share
0.1
Earnings Share
0.6
Revenue Per Share
3.047
Quarterly Revenue Growth
0.409
The market value of Alamos Gold is measured differently than its book value, which is the value of Alamos that is recorded on the company's balance sheet. Investors also form their own opinion of Alamos Gold's value that differs from its market value or its book value, called intrinsic value, which is Alamos Gold'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 Alamos Gold's market value can be influenced by many factors that don't directly affect Alamos Gold'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 Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold'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.