Genworth Quick Ratio from 2010 to 2024

GNW Stock  USD 7.81  0.01  0.13%   
Genworth Financial Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average 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
(22.35)
Current Value
(21.23)
Quarterly Volatility
10.49913033
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genworth Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genworth Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 38 M, Interest Expense of 112.1 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0188 or PTB Ratio of 0.5. Genworth financial statements analysis is a perfect complement when working with Genworth Financial Valuation or Volatility modules.
  
Check out the analysis of Genworth Financial Correlation against competitors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.

Latest Genworth Financial's Quick Ratio Growth Pattern

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

Genworth Quick Ratio Regression Statistics

Arithmetic Mean(7.84)
Geometric Mean0.65
Coefficient Of Variation(134.00)
Mean Deviation9.78
Median0.03
Standard Deviation10.50
Sample Variance110.23
Range25.6956
R-Value(0.87)
Mean Square Error28.05
R-Squared0.76
Significance0.000021
Slope(2.05)
Total Sum of Squares1,543

Genworth Quick Ratio History

2024 -21.23
2023 -22.35
2022 -19.43
2021 -19.11
2020 -23.21
2019 -15.04
2018 0.0258

About Genworth Financial Financial Statements

Genworth Financial investors use historical fundamental indicators, such as Genworth Financial'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 Genworth Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio(22.35)(21.23)

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Additional Tools for Genworth Stock Analysis

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