Jacobs Quick Ratio from 2010 to 2024

J Stock  USD 135.43  2.93  2.21%   
Jacobs Solutions Quick Ratio yearly trend continues to be relatively stable with very little volatility. Quick Ratio may rise above 1.45 this year. 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
1.19997323
Current Value
1.45254357
Quarterly Volatility
0.24603937
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Jacobs Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Jacobs Solutions' main balance sheet or income statement drivers, such as Depreciation And Amortization of 371 M or Interest Expense of 177.5 M, as well as many indicators such as Price To Sales Ratio of 0.78 or Dividend Yield of 0.0099. Jacobs financial statements analysis is a perfect complement when working with Jacobs Solutions Valuation or Volatility modules.
  
Check out the analysis of Jacobs Solutions Correlation against competitors.
For more information on how to buy Jacobs Stock please use our How to buy in Jacobs Stock guide.

Latest Jacobs Solutions' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Jacobs Solutions 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. Jacobs Solutions' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Jacobs Solutions' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Jacobs Quick Ratio Regression Statistics

Arithmetic Mean1.38
Geometric Mean1.36
Coefficient Of Variation17.87
Mean Deviation0.12
Median1.34
Standard Deviation0.25
Sample Variance0.06
Range1.0325
R-Value(0.49)
Mean Square Error0.05
R-Squared0.24
Significance0.07
Slope(0.03)
Total Sum of Squares0.85

Jacobs Quick Ratio History

2024 1.45
2021 1.2
2011 1.34
2010 2.23

About Jacobs Solutions Financial Statements

Investors use fundamental indicators, such as Jacobs Solutions' Quick Ratio, to determine how well the company is positioned to perform in the future. Although Jacobs Solutions' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 1.20  1.45 

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Check out the analysis of Jacobs Solutions Correlation against competitors.
For more information on how to buy Jacobs Stock please use our How to buy in Jacobs Stock guide.
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Is Construction & Engineering 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 Jacobs Solutions. If investors know Jacobs 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 Jacobs Solutions 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
(0.09)
Earnings Share
4.8
Revenue Per Share
134.766
Quarterly Revenue Growth
0.011
Return On Assets
0.0498
The market value of Jacobs Solutions is measured differently than its book value, which is the value of Jacobs that is recorded on the company's balance sheet. Investors also form their own opinion of Jacobs Solutions' value that differs from its market value or its book value, called intrinsic value, which is Jacobs Solutions' 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 Jacobs Solutions' market value can be influenced by many factors that don't directly affect Jacobs Solutions' 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 Jacobs Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jacobs Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jacobs Solutions' 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.