Dover Quick Ratio from 2010 to 2024

DOV Stock  USD 206.51  0.17  0.08%   
Dover Quick Ratio yearly trend continues to be fairly 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
0.89684726
Current Value
1.19
Quarterly Volatility
0.35841112
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dover financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dover's main balance sheet or income statement drivers, such as Depreciation And Amortization of 189.2 M, Interest Expense of 137.9 M or Total Revenue of 5.8 B, as well as many indicators such as Price To Sales Ratio of 2.68, Dividend Yield of 0.0263 or PTB Ratio of 4.42. Dover financial statements analysis is a perfect complement when working with Dover Valuation or Volatility modules.
  
Check out the analysis of Dover Correlation against competitors.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.

Latest Dover's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Dover 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. Dover's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dover'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  

Dover Quick Ratio Regression Statistics

Arithmetic Mean1.13
Geometric Mean1.09
Coefficient Of Variation31.67
Mean Deviation0.25
Median1.01
Standard Deviation0.36
Sample Variance0.13
Range1.4145
R-Value(0.65)
Mean Square Error0.08
R-Squared0.42
Significance0.01
Slope(0.05)
Total Sum of Squares1.80

Dover Quick Ratio History

2024 1.19
2023 0.9
2022 0.74
2021 0.83
2020 1.03
2018 0.96
2017 1.01

About Dover Financial Statements

Dover investors use historical fundamental indicators, such as Dover's Quick 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 Dover. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.90  1.19 

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Additional Tools for Dover Stock Analysis

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