Key Current Ratio from 2010 to 2024

KTCC Stock  USD 5.39  0.22  3.92%   
Key Tronic's Current Ratio is increasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 2.01. 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
2.76838235
Current Value
2.01447631
Quarterly Volatility
0.15906129
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Key Tronic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Key Tronic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.6 M, Interest Expense of 12.5 M or Total Revenue of 289.6 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.67. Key financial statements analysis is a perfect complement when working with Key Tronic Valuation or Volatility modules.
  
Check out the analysis of Key Tronic Correlation against competitors.
For information on how to trade Key Stock refer to our How to Trade Key Stock guide.

Latest Key Tronic's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Key Tronic 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. Key Tronic's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Key Tronic's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.08 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Key Current Ratio Regression Statistics

Arithmetic Mean2.29
Geometric Mean2.29
Coefficient Of Variation6.94
Mean Deviation0.07
Median2.29
Standard Deviation0.16
Sample Variance0.03
Range0.7539
R-Value0.25
Mean Square Error0.03
R-Squared0.06
Significance0.36
Slope0.01
Total Sum of Squares0.35

Key Current Ratio History

2024 2.01
2023 2.77
2017 2.3
2011 2.29
2010 2.07

About Key Tronic Financial Statements

Key Tronic stakeholders use historical fundamental indicators, such as Key Tronic's Current Ratio, to determine how well the company is positioned to perform in the future. Although Key Tronic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Key Tronic's assets and liabilities are reflected in the revenues and expenses on Key Tronic'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 Key Tronic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.77  2.01 

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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 Key Tronic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Key Tronic'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 Key Tronic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Key Tronic Stock:
Check out the analysis of Key Tronic Correlation against competitors.
For information on how to trade Key Stock refer to our How to Trade Key Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Electronic Equipment, Instruments & Components 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 Key Tronic. If investors know Key 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 Key Tronic 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
(0.88)
Earnings Share
(0.19)
Revenue Per Share
50.956
Quarterly Revenue Growth
0.143
Return On Assets
0.0133
The market value of Key Tronic is measured differently than its book value, which is the value of Key that is recorded on the company's balance sheet. Investors also form their own opinion of Key Tronic's value that differs from its market value or its book value, called intrinsic value, which is Key Tronic'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 Key Tronic's market value can be influenced by many factors that don't directly affect Key Tronic'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 Key Tronic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Key Tronic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Key Tronic'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.