Forum Current Ratio from 2010 to 2024

FET Stock  USD 14.89  0.11  0.74%   
Forum Energy 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
2.59179109
Current Value
2.6
Quarterly Volatility
0.89410537
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.6 M, Interest Expense of 28 M or Total Revenue of 758.7 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.52. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules.
  
Check out the analysis of Forum Energy Correlation against competitors.

Latest Forum Energy's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Forum Energy Technologies 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. Forum Energy's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forum Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.43 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Forum Current Ratio Regression Statistics

Arithmetic Mean3.25
Geometric Mean3.15
Coefficient Of Variation27.53
Mean Deviation0.69
Median3.16
Standard Deviation0.89
Sample Variance0.80
Range3.0144
R-Value(0.09)
Mean Square Error0.85
R-Squared0.01
Significance0.74
Slope(0.02)
Total Sum of Squares11.19

Forum Current Ratio History

2024 2.6
2023 2.59
2022 2.44
2021 2.54
2020 3.92
2019 3.38
2018 3.23

About Forum Energy Financial Statements

Forum Energy shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Forum Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Forum Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forum Energy'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 2.59  2.60 

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 Forum Stock Analysis

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