Cars Current Ratio from 2010 to 2024

CARS Stock  USD 19.33  0.86  4.66%   
Cars Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 1.15 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
1.22429124
Current Value
1.15
Quarterly Volatility
0.27298116
 
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Check Cars financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cars' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.1 M, Interest Expense of 21.5 M or Selling General Administrative of 114.9 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.18 or PTB Ratio of 2.7. Cars financial statements analysis is a perfect complement when working with Cars Valuation or Volatility modules.
  
Check out the analysis of Cars Correlation against competitors.

Latest Cars' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Cars Inc 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. Cars' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cars' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.62 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Cars Current Ratio Regression Statistics

Arithmetic Mean1.35
Geometric Mean1.32
Coefficient Of Variation20.28
Mean Deviation0.23
Median1.24
Standard Deviation0.27
Sample Variance0.07
Range0.8894
R-Value0.24
Mean Square Error0.08
R-Squared0.06
Significance0.38
Slope0.01
Total Sum of Squares1.04

Cars Current Ratio History

2024 1.15
2023 1.22
2022 1.4
2020 1.97
2019 1.24
2018 1.39
2017 1.58

About Cars Financial Statements

Cars shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Cars investors may analyze each financial statement separately, they are all interrelated. The changes in Cars' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cars' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.22  1.15 

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Additional Tools for Cars Stock Analysis

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