Axos Current Ratio from 2010 to 2024

AX Stock  USD 86.60  1.94  2.29%   
Axos Financial Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 3.49 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
3.67
Current Value
3.49
Quarterly Volatility
61.58076392
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Axos Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axos Financial's main balance sheet or income statement drivers, such as Interest Expense of 728.9 M, Total Revenue of 1.1 B or Gross Profit of 1.1 B, as well as many indicators such as Price To Sales Ratio of 2.96, Dividend Yield of 0.0 or PTB Ratio of 2.21. Axos financial statements analysis is a perfect complement when working with Axos Financial Valuation or Volatility modules.
  
Check out the analysis of Axos Financial Correlation against competitors.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.

Latest Axos Financial's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Axos Financial 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. Axos Financial's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Axos Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.96 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Axos Current Ratio Regression Statistics

Arithmetic Mean46.25
Geometric Mean11.52
Coefficient Of Variation133.15
Mean Deviation55.49
Median4.08
Standard Deviation61.58
Sample Variance3,792
Range153
R-Value(0.35)
Mean Square Error3,587
R-Squared0.12
Significance0.20
Slope(4.80)
Total Sum of Squares53,091

Axos Current Ratio History

2024 3.49
2023 3.67
2022 4.08
2021 2.43
2020 1.71
2019 3.08
2018 2.78

About Axos Financial Financial Statements

Axos Financial investors use historical fundamental indicators, such as Axos Financial'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 Axos Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.67  3.49 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Axos Stock Analysis

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