Carriage Current Ratio from 2010 to 2024

CSV Stock  USD 38.96  0.71  1.86%   
Carriage Services 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
0.81693754
Current Value
1.3
Quarterly Volatility
0.33705336
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Carriage Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carriage Services' main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.6 M, Interest Expense of 38.1 M or Selling General Administrative of 21.2 M, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.019 or PTB Ratio of 1.39. Carriage financial statements analysis is a perfect complement when working with Carriage Services Valuation or Volatility modules.
  
Check out the analysis of Carriage Services Correlation against competitors.
For more information on how to buy Carriage Stock please use our How to Invest in Carriage Services guide.

Latest Carriage Services' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Carriage Services 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. Carriage Services' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carriage Services' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.73 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Carriage Current Ratio Regression Statistics

Arithmetic Mean0.97
Geometric Mean0.93
Coefficient Of Variation34.77
Mean Deviation0.23
Median0.84
Standard Deviation0.34
Sample Variance0.11
Range1.334
R-Value(0.37)
Mean Square Error0.11
R-Squared0.14
Significance0.17
Slope(0.03)
Total Sum of Squares1.59

Carriage Current Ratio History

2024 1.3
2023 0.82
2021 0.66
2020 0.73
2019 1.12
2018 0.84
2017 0.71

About Carriage Services Financial Statements

Carriage Services investors use historical fundamental indicators, such as Carriage Services' 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 Carriage Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.82  1.30 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Carriage Stock Analysis

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