Fortress Current Ratio from 2010 to 2024

FTAI Stock  USD 174.96  3.75  2.19%   
Fortress Transp's Current Ratio is decreasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 2.89. 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
3.03844757
Current Value
2.89
Quarterly Volatility
16.78081365
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortress Transp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortress Transp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.7 M, Interest Expense of 169.7 M or Selling General Administrative of 13.3 M, as well as many indicators such as Price To Sales Ratio of 3.76, Dividend Yield of 0.057 or PTB Ratio of 27.76. Fortress financial statements analysis is a perfect complement when working with Fortress Transp Valuation or Volatility modules.
  
Check out the analysis of Fortress Transp Correlation against competitors.

Latest Fortress Transp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Fortress Transp Infra 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. Fortress Transp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortress Transp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.12 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Fortress Current Ratio Regression Statistics

Arithmetic Mean13.61
Geometric Mean6.36
Coefficient Of Variation123.31
Mean Deviation13.59
Median3.07
Standard Deviation16.78
Sample Variance281.60
Range41.997
R-Value(0.84)
Mean Square Error91.59
R-Squared0.70
Significance0.0001
Slope(3.13)
Total Sum of Squares3,942

Fortress Current Ratio History

2024 2.89
2023 3.04
2022 1.76
2021 3.07
2020 2.3
2019 2.07
2018 1.72

About Fortress Transp Financial Statements

Investors use fundamental indicators, such as Fortress Transp's Current Ratio, to determine how well the company is positioned to perform in the future. Although Fortress Transp's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 3.04  2.89 

Currently Active Assets on Macroaxis

When determining whether Fortress Transp Infra offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortress Transp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fortress Transp Infra Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortress Transp Infra Stock:
Check out the analysis of Fortress Transp Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortress Transp. If investors know Fortress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortress Transp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.303
Dividend Share
1.2
Earnings Share
(0.09)
Revenue Per Share
15.341
Quarterly Revenue Growth
0.6
The market value of Fortress Transp Infra is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Transp's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortress Transp's market value can be influenced by many factors that don't directly affect Fortress Transp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortress Transp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.