Gerdau Quick Ratio from 2010 to 2024

GGB Stock  USD 3.40  0.01  0.29%   
Gerdau SA's Quick Ratio is decreasing over the years with slightly volatile fluctuation. Quick Ratio is expected to dwindle to 0.98. 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
1.2379831
Current Value
0.98
Quarterly Volatility
0.23081243
 
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Yuan Drop
 
Covid
Check Gerdau SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gerdau SA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 B, Interest Expense of 908.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0763 or PTB Ratio of 0.65. Gerdau financial statements analysis is a perfect complement when working with Gerdau SA Valuation or Volatility modules.
  
Check out the analysis of Gerdau SA Correlation against competitors.

Latest Gerdau SA's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Gerdau SA ADR 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. Gerdau SA's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gerdau SA'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  

Gerdau Quick Ratio Regression Statistics

Arithmetic Mean1.28
Geometric Mean1.26
Coefficient Of Variation18.07
Mean Deviation0.19
Median1.33
Standard Deviation0.23
Sample Variance0.05
Range0.7592
R-Value(0.47)
Mean Square Error0.04
R-Squared0.22
Significance0.08
Slope(0.02)
Total Sum of Squares0.75

Gerdau Quick Ratio History

2022 1.0
2021 1.12
2020 1.24
2018 0.98
2017 1.46
2016 1.33
2015 1.7

About Gerdau SA Financial Statements

Gerdau SA stakeholders use historical fundamental indicators, such as Gerdau SA's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Gerdau SA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Gerdau SA's assets and liabilities are reflected in the revenues and expenses on Gerdau SA's 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 Gerdau SA ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.24  0.98 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gerdau SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gerdau SA'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 Gerdau Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gerdau Sa Adr Stock:
Check out the analysis of Gerdau SA Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Metals & Mining 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 Gerdau SA. If investors know Gerdau 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 Gerdau SA 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
(0.14)
Dividend Share
0.783
Earnings Share
0.39
Revenue Per Share
30.909
Quarterly Revenue Growth
0.018
The market value of Gerdau SA ADR is measured differently than its book value, which is the value of Gerdau that is recorded on the company's balance sheet. Investors also form their own opinion of Gerdau SA's value that differs from its market value or its book value, called intrinsic value, which is Gerdau SA'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 Gerdau SA's market value can be influenced by many factors that don't directly affect Gerdau SA'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 Gerdau SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gerdau SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gerdau SA'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.