Studio Current Ratio from 2010 to 2024

MSC Stock  USD 6.65  0.35  5.00%   
Studio City's Current Ratio is increasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 1.97. 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
2.0159207
Current Value
1.97
Quarterly Volatility
0.75847451
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Studio City financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Studio City's main balance sheet or income statement drivers, such as Depreciation And Amortization of 146.4 M, Interest Expense of 115 M or Selling General Administrative of 91.2 M, as well as many indicators such as Price To Sales Ratio of 2.66, Dividend Yield of 0.0 or PTB Ratio of 1.21. Studio financial statements analysis is a perfect complement when working with Studio City Valuation or Volatility modules.
  
Check out the analysis of Studio City Correlation against competitors.

Latest Studio City's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Studio City 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. Studio City's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Studio City's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.43 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Studio Current Ratio Regression Statistics

Arithmetic Mean2.28
Geometric Mean2.18
Coefficient Of Variation33.27
Mean Deviation0.49
Median2.02
Standard Deviation0.76
Sample Variance0.58
Range3.0916
R-Value0.21
Mean Square Error0.59
R-Squared0.05
Significance0.45
Slope0.04
Total Sum of Squares8.05

Studio Current Ratio History

2024 1.97
2022 2.24
2021 2.21
2020 3.82
2019 4.14
2018 1.05
2017 2.59

About Studio City Financial Statements

Studio City stakeholders use historical fundamental indicators, such as Studio City's Current Ratio, to determine how well the company is positioned to perform in the future. Although Studio City investors may analyze each financial statement separately, they are all interrelated. For example, changes in Studio City's assets and liabilities are reflected in the revenues and expenses on Studio City'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 Studio City International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.02  1.97 

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When determining whether Studio City International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Studio City'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 Studio City International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Studio City International Stock:
Check out the analysis of Studio City Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Hotels, Restaurants & Leisure 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 Studio City. If investors know Studio 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 Studio City 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
13.252
Earnings Share
(0.46)
Revenue Per Share
3.258
Quarterly Revenue Growth
0.269
Return On Assets
0.0099
The market value of Studio City International is measured differently than its book value, which is the value of Studio that is recorded on the company's balance sheet. Investors also form their own opinion of Studio City's value that differs from its market value or its book value, called intrinsic value, which is Studio City'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 Studio City's market value can be influenced by many factors that don't directly affect Studio City'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 Studio City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Studio City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Studio City'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.