CTS Current Ratio from 2010 to 2024

CTS Stock  USD 53.18  0.43  0.82%   
CTS Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 1.77 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
3.29093457
Current Value
1.77
Quarterly Volatility
0.37023012
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.
  
Check out the analysis of CTS Correlation against competitors.

Latest CTS's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of CTS Corporation 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. CTS's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CTS's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.68 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

CTS Current Ratio Regression Statistics

Arithmetic Mean2.50
Geometric Mean2.47
Coefficient Of Variation14.82
Mean Deviation0.27
Median2.49
Standard Deviation0.37
Sample Variance0.14
Range1.5209
R-Value(0.03)
Mean Square Error0.15
R-Squared0.0007
Significance0.92
Slope(0)
Total Sum of Squares1.92

CTS Current Ratio History

2024 1.77
2023 3.29
2022 2.89
2021 2.53
2020 2.22
2019 2.45
2018 2.3

About CTS Financial Statements

CTS shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although CTS investors may analyze each financial statement separately, they are all interrelated. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CTS's 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 3.29  1.77 

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Additional Tools for CTS Stock Analysis

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