Garrett Current Ratio from 2010 to 2024

GTX Stock  USD 8.37  0.17  2.07%   
Garrett Motion Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.74 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
1.02328967
Current Value
0.74
Quarterly Volatility
0.10009699
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Garrett Motion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Garrett Motion's main balance sheet or income statement drivers, such as Tax Provision of 75.4 M, Interest Income of 6.7 M or Depreciation And Amortization of 83.7 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0248 or Days Sales Outstanding of 60.82. Garrett financial statements analysis is a perfect complement when working with Garrett Motion Valuation or Volatility modules.
  
Check out the analysis of Garrett Motion Correlation against competitors.
For more information on how to buy Garrett Stock please use our How to Invest in Garrett Motion guide.

Latest Garrett Motion's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Garrett Motion 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. Garrett Motion's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Garrett Motion's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.02 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Garrett Current Ratio Regression Statistics

Arithmetic Mean0.87
Geometric Mean0.86
Coefficient Of Variation11.55
Mean Deviation0.08
Median0.81
Standard Deviation0.10
Sample Variance0.01
Range0.3007
R-Value0.53
Mean Square Error0.01
R-Squared0.28
Significance0.04
Slope0.01
Total Sum of Squares0.14

Garrett Current Ratio History

2024 0.74
2022 1.04
2021 1.0
2020 1.02
2019 0.86
2018 0.8
2017 0.82

About Garrett Motion Financial Statements

Garrett Motion investors use historical fundamental indicators, such as Garrett Motion's Current 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 Garrett Motion. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.02  0.74 

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Additional Tools for Garrett Stock Analysis

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