Aldeyra Current Ratio from 2010 to 2024

ALDX Stock  USD 4.80  0.17  3.42%   
Aldeyra 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
6.64010211
Current Value
7.18
Quarterly Volatility
5.165682
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aldeyra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aldeyra's main balance sheet or income statement drivers, such as Depreciation And Amortization of 275.9 K, Interest Expense of 2.2 M or Selling General Administrative of 8.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.62. Aldeyra financial statements analysis is a perfect complement when working with Aldeyra Valuation or Volatility modules.
  
Check out the analysis of Aldeyra Correlation against competitors.
For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.

Latest Aldeyra's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Aldeyra 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. Aldeyra's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aldeyra's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.83 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Aldeyra Current Ratio Regression Statistics

Arithmetic Mean8.27
Geometric Mean4.81
Coefficient Of Variation62.47
Mean Deviation4.06
Median6.69
Standard Deviation5.17
Sample Variance26.68
Range19.6722
R-Value0.51
Mean Square Error21.38
R-Squared0.26
Significance0.05
Slope0.58
Total Sum of Squares373.58

Aldeyra Current Ratio History

2024 7.18
2023 6.64
2022 11.78
2021 19.77
2020 6.69
2019 5.82
2018 11.18

About Aldeyra Financial Statements

Aldeyra investors use historical fundamental indicators, such as Aldeyra'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 Aldeyra. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 6.64  7.18 

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Additional Tools for Aldeyra Stock Analysis

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