GATX Quick Ratio from 2010 to 2024

GATX Stock  USD 158.90  0.00  0.00%   
GATX Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.77 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
2.19980726
Current Value
1.77
Quarterly Volatility
0.92532954
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GATX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GATX's main balance sheet or income statement drivers, such as Depreciation And Amortization of 239.4 M, Interest Expense of 276.6 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0178 or PTB Ratio of 1.3. GATX financial statements analysis is a perfect complement when working with GATX Valuation or Volatility modules.
  
Check out the analysis of GATX Correlation against competitors.

Latest GATX's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of GATX Corporation over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. GATX's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GATX's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

GATX Quick Ratio Regression Statistics

Arithmetic Mean2.46
Geometric Mean2.29
Coefficient Of Variation37.56
Mean Deviation0.68
Median2.24
Standard Deviation0.93
Sample Variance0.86
Range3.48
R-Value(0.34)
Mean Square Error0.82
R-Squared0.11
Significance0.22
Slope(0.07)
Total Sum of Squares11.99

GATX Quick Ratio History

2024 1.77
2022 2.71
2021 1.95
2020 2.17
2019 3.01
2018 0.87
2017 2.87

About GATX Financial Statements

GATX investors use historical fundamental indicators, such as GATX's Quick 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 GATX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 2.20  1.77 

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Additional Tools for GATX Stock Analysis

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