Arthur Quick Ratio from 2010 to 2024

AJG Stock  USD 306.39  2.10  0.69%   
Arthur J's Quick Ratio is increasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 0.95. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.03384549
Current Value
0.95
Quarterly Volatility
0.14487058
 
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Covid
Check Arthur J financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arthur J's main balance sheet or income statement drivers, such as Depreciation And Amortization of 714.4 M, Interest Expense of 311.5 M or Selling General Administrative of 6 B, as well as many indicators such as Price To Sales Ratio of 5.04, Dividend Yield of 0.0093 or PTB Ratio of 4.46. Arthur financial statements analysis is a perfect complement when working with Arthur J Valuation or Volatility modules.
  
Check out the analysis of Arthur J Correlation against competitors.

Latest Arthur J's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Arthur J Gallagher over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Arthur J's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Arthur J's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Arthur Quick Ratio Regression Statistics

Arithmetic Mean0.79
Geometric Mean0.78
Coefficient Of Variation18.31
Mean Deviation0.11
Median0.80
Standard Deviation0.14
Sample Variance0.02
Range0.5225
R-Value0.39
Mean Square Error0.02
R-Squared0.15
Significance0.15
Slope0.01
Total Sum of Squares0.29

Arthur Quick Ratio History

2024 0.95
2023 1.03
2022 0.83
2020 0.81
2019 0.8
2018 0.84
2017 0.72

About Arthur J Financial Statements

Arthur J stakeholders use historical fundamental indicators, such as Arthur J's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Arthur J investors may analyze each financial statement separately, they are all interrelated. For example, changes in Arthur J's assets and liabilities are reflected in the revenues and expenses on Arthur J's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Arthur J Gallagher. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.03  0.95 

Currently Active Assets on Macroaxis

When determining whether Arthur J Gallagher is a strong investment it is important to analyze Arthur J's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arthur J's future performance. For an informed investment choice regarding Arthur Stock, refer to the following important reports:
Check out the analysis of Arthur J Correlation against competitors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Insurance Brokers 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 Arthur J. If investors know Arthur 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 Arthur J 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
0.086
Dividend Share
2.35
Earnings Share
5.23
Revenue Per Share
48.957
Quarterly Revenue Growth
0.119
The market value of Arthur J Gallagher is measured differently than its book value, which is the value of Arthur that is recorded on the company's balance sheet. Investors also form their own opinion of Arthur J's value that differs from its market value or its book value, called intrinsic value, which is Arthur J'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 Arthur J's market value can be influenced by many factors that don't directly affect Arthur J'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 Arthur J's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arthur J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arthur J'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.