Lennox Current Ratio from 2010 to 2024

LII Stock  USD 650.60  25.25  4.04%   
Lennox International's Current Ratio is decreasing with stable movements from year to year. Current Ratio is estimated to finish at 1.56 this year. 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
1.41287207
Current Value
1.56
Quarterly Volatility
0.24069753
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lennox International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lennox International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 90.3 M, Interest Expense of 54.3 M or Total Revenue of 3.8 B, as well as many indicators such as Price To Sales Ratio of 3.35, Dividend Yield of 0.0191 or PTB Ratio of 58.47. Lennox financial statements analysis is a perfect complement when working with Lennox International Valuation or Volatility modules.
  
Check out the analysis of Lennox International Correlation against competitors.
For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.

Latest Lennox International's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Lennox International 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. Lennox International's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lennox International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.71 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Lennox Current Ratio Regression Statistics

Arithmetic Mean1.35
Geometric Mean1.33
Coefficient Of Variation17.78
Mean Deviation0.21
Median1.41
Standard Deviation0.24
Sample Variance0.06
Range0.7998
R-Value(0.19)
Mean Square Error0.06
R-Squared0.04
Significance0.50
Slope(0.01)
Total Sum of Squares0.81

Lennox Current Ratio History

2024 1.56
2023 1.41
2022 0.94
2021 1.42
2020 1.55
2019 1.12
2018 1.08

About Lennox International Financial Statements

Investors use fundamental indicators, such as Lennox International's Current Ratio, to determine how well the company is positioned to perform in the future. Although Lennox International's 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
Current Ratio 1.41  1.56 

Currently Active Assets on Macroaxis

When determining whether Lennox International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennox International'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 Lennox International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennox International Stock:
Check out the analysis of Lennox International Correlation against competitors.
For more detail on how to invest in Lennox Stock please use our How to Invest in Lennox International guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Building Products 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 Lennox International. If investors know Lennox 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 Lennox International 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
0.83
Dividend Share
4.5
Earnings Share
21.08
Revenue Per Share
144.796
Quarterly Revenue Growth
0.096
The market value of Lennox International is measured differently than its book value, which is the value of Lennox that is recorded on the company's balance sheet. Investors also form their own opinion of Lennox International's value that differs from its market value or its book value, called intrinsic value, which is Lennox International'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 Lennox International's market value can be influenced by many factors that don't directly affect Lennox International'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 Lennox International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennox International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennox International'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.