Geospace Current Ratio from 2010 to 2024

GEOS Stock  USD 11.27  2.35  17.25%   
Geospace Technologies Current Ratio yearly trend continues to be comparatively 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
3.44
Current Value
4.71
Quarterly Volatility
4.17835022
 
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Check Geospace Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Geospace Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 M, Interest Expense of 146.4 K or Total Revenue of 115.2 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0 or PTB Ratio of 2.18. Geospace financial statements analysis is a perfect complement when working with Geospace Technologies Valuation or Volatility modules.
  
Check out the analysis of Geospace Technologies Correlation against competitors.
For more information on how to buy Geospace Stock please use our How to Invest in Geospace Technologies guide.

Latest Geospace Technologies' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Geospace Technologies 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. Geospace Technologies' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Geospace Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.62 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Geospace Current Ratio Regression Statistics

Arithmetic Mean6.80
Geometric Mean5.91
Coefficient Of Variation61.46
Mean Deviation3.09
Median5.20
Standard Deviation4.18
Sample Variance17.46
Range14.1982
R-Value(0.33)
Mean Square Error16.72
R-Squared0.11
Significance0.23
Slope(0.31)
Total Sum of Squares244.42

Geospace Current Ratio History

2024 4.71
2023 3.44
2022 3.83
2021 4.75
2020 3.94
2019 6.28
2018 5.41

About Geospace Technologies Financial Statements

Geospace Technologies shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Geospace Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Geospace Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Geospace Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 3.44  4.71 

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Additional Tools for Geospace Stock Analysis

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