Flowserve Current Ratio from 2010 to 2024

FLS Stock  USD 61.00  0.95  1.58%   
Flowserve 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
1.87948152
Current Value
2.41
Quarterly Volatility
0.31167599
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Flowserve financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flowserve's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.1 M, Interest Expense of 70.3 M or Total Revenue of 2.7 B, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0205 or PTB Ratio of 2.12. Flowserve financial statements analysis is a perfect complement when working with Flowserve Valuation or Volatility modules.
  
Check out the analysis of Flowserve Correlation against competitors.
For more information on how to buy Flowserve Stock please use our How to Invest in Flowserve guide.

Latest Flowserve's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Flowserve 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. Flowserve's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flowserve's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.09 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Flowserve Current Ratio Regression Statistics

Arithmetic Mean2.10
Geometric Mean2.08
Coefficient Of Variation14.87
Mean Deviation0.24
Median1.98
Standard Deviation0.31
Sample Variance0.1
Range1.132
R-Value0.13
Mean Square Error0.10
R-Squared0.02
Significance0.63
Slope0.01
Total Sum of Squares1.36

Flowserve Current Ratio History

2024 2.41
2023 1.88
2022 1.97
2021 2.11
2020 2.54
2019 2.25
2018 2.2

About Flowserve Financial Statements

Flowserve shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Flowserve investors may analyze each financial statement separately, they are all interrelated. The changes in Flowserve's assets and liabilities, for example, are also reflected in the revenues and expenses on on Flowserve'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 1.88  2.41 

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Additional Tools for Flowserve Stock Analysis

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