Greif Current Ratio from 2010 to 2024

GEF Stock  USD 69.44  0.39  0.56%   
Greif Bros' Current Ratio is decreasing over the last several years with stable swings. Current Ratio is estimated to finish at 2.12 this year. 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
1.68
Current Value
2.12
Quarterly Volatility
0.78213726
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Greif Bros financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greif Bros' main balance sheet or income statement drivers, such as Depreciation And Amortization of 133.7 M, Interest Expense of 65.3 M or Selling General Administrative of 348 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0217 or PTB Ratio of 1.73. Greif financial statements analysis is a perfect complement when working with Greif Bros Valuation or Volatility modules.
  
Check out the analysis of Greif Bros Correlation against competitors.
For more detail on how to invest in Greif Stock please use our How to Invest in Greif Bros guide.

Latest Greif Bros' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Greif Bros 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. Greif Bros' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Greif Bros' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.48 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Greif Current Ratio Regression Statistics

Arithmetic Mean1.67
Geometric Mean1.57
Coefficient Of Variation46.95
Mean Deviation0.43
Median1.45
Standard Deviation0.78
Sample Variance0.61
Range3.1514
R-Value(0.28)
Mean Square Error0.61
R-Squared0.08
Significance0.32
Slope(0.05)
Total Sum of Squares8.56

Greif Current Ratio History

2024 2.12
2023 1.68
2022 1.46
2021 1.42
2020 1.27
2019 1.3
2018 1.51

About Greif Bros Financial Statements

Greif Bros stakeholders use historical fundamental indicators, such as Greif Bros' Current Ratio, to determine how well the company is positioned to perform in the future. Although Greif Bros investors may analyze each financial statement separately, they are all interrelated. For example, changes in Greif Bros' assets and liabilities are reflected in the revenues and expenses on Greif Bros' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Greif Bros. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.68  2.12 

Currently Active Assets on Macroaxis

When determining whether Greif Bros is a strong investment it is important to analyze Greif Bros' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greif Bros' future performance. For an informed investment choice regarding Greif Stock, refer to the following important reports:
Check out the analysis of Greif Bros Correlation against competitors.
For more detail on how to invest in Greif Stock please use our How to Invest in Greif Bros guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Metal, Glass & Plastic Containers 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 Greif Bros. If investors know Greif 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 Greif Bros 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
(0.04)
Dividend Share
0.52
Earnings Share
4.6
Revenue Per Share
113.627
Quarterly Revenue Growth
0.093
The market value of Greif Bros is measured differently than its book value, which is the value of Greif that is recorded on the company's balance sheet. Investors also form their own opinion of Greif Bros' value that differs from its market value or its book value, called intrinsic value, which is Greif Bros' 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 Greif Bros' market value can be influenced by many factors that don't directly affect Greif Bros' 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 Greif Bros' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greif Bros is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greif Bros' 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.