Crane Quick Ratio from 2010 to 2024

CXT Stock   62.20  2.09  3.48%   
Crane NXT Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.45723684
Current Value
1.46
Quarterly Volatility
0.22105928
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Crane NXT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crane NXT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.8 M, Interest Expense of 50.5 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.007 or PTB Ratio of 3.52. Crane financial statements analysis is a perfect complement when working with Crane NXT Valuation or Volatility modules.
  
Check out the analysis of Crane NXT Correlation against competitors.

Latest Crane NXT's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Crane NXT Co over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Crane NXT's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Crane NXT's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Crane Quick Ratio Regression Statistics

Arithmetic Mean1.37
Geometric Mean1.36
Coefficient Of Variation16.09
Mean Deviation0.15
Median1.44
Standard Deviation0.22
Sample Variance0.05
Range0.987
R-Value(0.37)
Mean Square Error0.05
R-Squared0.14
Significance0.17
Slope(0.02)
Total Sum of Squares0.68

Crane Quick Ratio History

2023 1.46
2022 0.88
2021 1.39
2020 1.07
2019 1.14
2018 1.29
2017 1.4

About Crane NXT Financial Statements

Crane NXT shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Crane NXT investors may analyze each financial statement separately, they are all interrelated. The changes in Crane NXT's assets and liabilities, for example, are also reflected in the revenues and expenses on on Crane NXT'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
Quick Ratio 1.46  1.46 

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Additional Tools for Crane Stock Analysis

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