Flexsteel Current Ratio from 2010 to 2024
FLXS Stock | USD 59.71 0.70 1.19% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 2.57227759 | Current Value 4.17 | Quarterly Volatility 1.00072208 |
Check Flexsteel Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flexsteel Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.3 M, Interest Expense of 1.5 M or Total Revenue of 354.1 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0365 or PTB Ratio of 1.24. Flexsteel financial statements analysis is a perfect complement when working with Flexsteel Industries Valuation or Volatility modules.
Flexsteel | Current Ratio |
Latest Flexsteel Industries' Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Flexsteel Industries 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. Flexsteel Industries' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flexsteel Industries' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 3.29 X | 10 Years Trend |
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Current Ratio |
Timeline |
Flexsteel Current Ratio Regression Statistics
Arithmetic Mean | 3.92 | |
Geometric Mean | 3.80 | |
Coefficient Of Variation | 25.50 | |
Mean Deviation | 0.85 | |
Median | 4.17 | |
Standard Deviation | 1.00 | |
Sample Variance | 1.00 | |
Range | 3.1663 | |
R-Value | (0.63) | |
Mean Square Error | 0.65 | |
R-Squared | 0.40 | |
Significance | 0.01 | |
Slope | (0.14) | |
Total Sum of Squares | 14.02 |
Flexsteel Current Ratio History
About Flexsteel Industries Financial Statements
Flexsteel Industries shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Flexsteel Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Flexsteel Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Flexsteel Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Current Ratio | 2.57 | 4.17 |
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Additional Tools for Flexsteel Stock Analysis
When running Flexsteel Industries' price analysis, check to measure Flexsteel Industries' 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 Flexsteel Industries is operating at the current time. Most of Flexsteel Industries' value examination focuses on studying past and present price action to predict the probability of Flexsteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexsteel Industries' price. Additionally, you may evaluate how the addition of Flexsteel Industries to your portfolios can decrease your overall portfolio volatility.