Movado Current Ratio from 2010 to 2024

MOV Stock  USD 19.07  0.32  1.71%   
Movado Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 3.68 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
4.80988724
Current Value
3.68
Quarterly Volatility
1.21447068
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Movado financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Movado's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.6 M, Interest Expense of 472.1 K or Total Revenue of 481 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.0911 or PTB Ratio of 1.06. Movado financial statements analysis is a perfect complement when working with Movado Valuation or Volatility modules.
  
Check out the analysis of Movado Correlation against competitors.

Latest Movado's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Movado Group 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. Movado's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Movado's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.40 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Movado Current Ratio Regression Statistics

Arithmetic Mean4.99
Geometric Mean4.86
Coefficient Of Variation24.36
Mean Deviation1.00
Median4.80
Standard Deviation1.21
Sample Variance1.47
Range3.6879
R-Value(0.52)
Mean Square Error1.15
R-Squared0.27
Significance0.05
Slope(0.14)
Total Sum of Squares20.65

Movado Current Ratio History

2024 3.68
2023 4.81
2022 3.98
2021 3.66
2020 3.93
2019 4.25
2018 4.15

About Movado Financial Statements

Movado investors use historical fundamental indicators, such as Movado'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 Movado. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 4.81  3.68 

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Additional Tools for Movado Stock Analysis

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