Mesa Current Ratio from 2010 to 2024

MTR Stock  USD 7.24  0.27  3.87%   
Mesa Royalty Current Ratio yearly trend continues to be relatively stable with very little volatility. Current Ratio is likely to grow to 6.01 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
5.72015146
Current Value
6.01
Quarterly Volatility
1.57548812
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mesa Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mesa Royalty's main balance sheet or income statement drivers, such as Interest Expense of 913.9 K, Total Revenue of 4.7 M or Gross Profit of 4.7 M, as well as many indicators such as Price To Sales Ratio of 6.89, Dividend Yield of 0.0949 or PTB Ratio of 5.85. Mesa financial statements analysis is a perfect complement when working with Mesa Royalty Valuation or Volatility modules.
  
Check out the analysis of Mesa Royalty Correlation against competitors.

Latest Mesa Royalty's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Mesa Royalty Trust 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. Mesa Royalty's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mesa Royalty's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.21 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Mesa Current Ratio Regression Statistics

Arithmetic Mean3.36
Geometric Mean3.04
Coefficient Of Variation46.88
Mean Deviation1.37
Median2.66
Standard Deviation1.58
Sample Variance2.48
Range4.2703
R-Value0.81
Mean Square Error0.93
R-Squared0.65
Significance0.0003
Slope0.28
Total Sum of Squares34.75

Mesa Current Ratio History

2024 6.01
2023 5.72
2022 2.23
2020 5.24
2019 4.82
2018 2.83
2017 2.64

About Mesa Royalty Financial Statements

Mesa Royalty shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Mesa Royalty investors may analyze each financial statement separately, they are all interrelated. The changes in Mesa Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses on on Mesa Royalty's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 5.72  6.01 

Additional Tools for Mesa Stock Analysis

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