FlexShopper Current Ratio from 2010 to 2024

FPAY Stock  USD 1.68  0.02  1.20%   
FlexShopper Current Ratio yearly trend continues to be fairly 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
9.67805217
Current Value
10.16
Quarterly Volatility
3.18090623
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FlexShopper financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FlexShopper's main balance sheet or income statement drivers, such as Depreciation And Amortization of 106.6 M, Interest Expense of 19.9 M or Total Revenue of 122.8 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0 or PTB Ratio of 0.88. FlexShopper financial statements analysis is a perfect complement when working with FlexShopper Valuation or Volatility modules.
  
Check out the analysis of FlexShopper Correlation against competitors.
For more information on how to buy FlexShopper Stock please use our How to Invest in FlexShopper guide.

Latest FlexShopper's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of FlexShopper 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. FlexShopper's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FlexShopper's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10.64 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

FlexShopper Current Ratio Regression Statistics

Arithmetic Mean4.66
Geometric Mean3.62
Coefficient Of Variation68.32
Mean Deviation2.75
Median3.65
Standard Deviation3.18
Sample Variance10.12
Range8.8129
R-Value0.80
Mean Square Error3.87
R-Squared0.65
Significance0.0003
Slope0.57
Total Sum of Squares141.65

FlexShopper Current Ratio History

2024 10.16
2023 9.68
2022 8.97
2021 6.11
2020 3.65
2019 6.21
2018 1.73

About FlexShopper Financial Statements

FlexShopper investors use historical fundamental indicators, such as FlexShopper's Current 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 FlexShopper. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 9.68  10.16 

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Additional Tools for FlexShopper Stock Analysis

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