Fastenal Current Ratio from 2010 to 2024

FAST Stock  USD 82.36  0.54  0.66%   
Fastenal Current Ratio yearly trend continues to be comparatively 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
4.56812339
Current Value
6.44
Quarterly Volatility
0.96178726
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fastenal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fastenal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.2 M, Interest Expense of 11.3 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0289 or PTB Ratio of 8.86. Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
Check out the analysis of Fastenal Correlation against competitors.

Latest Fastenal's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Fastenal Company 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. Fastenal's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fastenal's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.98 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Fastenal Current Ratio Regression Statistics

Arithmetic Mean5.21
Geometric Mean5.12
Coefficient Of Variation18.48
Mean Deviation0.86
Median5.30
Standard Deviation0.96
Sample Variance0.93
Range2.6251
R-Value(0.46)
Mean Square Error0.78
R-Squared0.21
Significance0.08
Slope(0.1)
Total Sum of Squares12.95

Fastenal Current Ratio History

2024 6.44
2023 4.57
2022 3.96
2021 4.19
2020 4.08
2019 4.51
2018 5.3

About Fastenal Financial Statements

Fastenal shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Fastenal investors may analyze each financial statement separately, they are all interrelated. The changes in Fastenal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fastenal'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 4.57  6.44 

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Additional Tools for Fastenal Stock Analysis

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