Navient Current Ratio from 2010 to 2024

NAVI Stock  USD 14.93  0.15  1.01%   
Navient Corp's Current Ratio is increasing with very volatile movements from year to year. Current Ratio is estimated to finish at 1.17 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
0.66090866
Current Value
1.17
Quarterly Volatility
0.63451367
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Navient Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Navient Corp's main balance sheet or income statement drivers, such as Interest Expense of 3.7 B, Total Revenue of 3.4 B or Gross Profit of 2.6 B, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0352 or PTB Ratio of 1.29. Navient financial statements analysis is a perfect complement when working with Navient Corp Valuation or Volatility modules.
  
Check out the analysis of Navient Corp Correlation against competitors.
For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.

Latest Navient Corp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Navient Corp 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. Navient Corp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Navient Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.86 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Navient Current Ratio Regression Statistics

Arithmetic Mean0.96
Geometric Mean0.79
Coefficient Of Variation66.42
Mean Deviation0.53
Median0.66
Standard Deviation0.63
Sample Variance0.40
Range1.6874
R-Value0.02
Mean Square Error0.43
R-Squared0.0005
Significance0.94
Slope0
Total Sum of Squares5.64

Navient Current Ratio History

2024 1.17
2023 0.66
2022 0.69
2021 1.33
2020 0.56
2019 0.42
2018 0.39

About Navient Corp Financial Statements

Investors use fundamental indicators, such as Navient Corp's Current Ratio, to determine how well the company is positioned to perform in the future. Although Navient Corp'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 0.66  1.17 

Currently Active Assets on Macroaxis

When determining whether Navient Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Navient Corp'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 Navient Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Navient Corp Stock:
Check out the analysis of Navient Corp Correlation against competitors.
For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Consumer Finance 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 Navient Corp. If investors know Navient 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 Navient Corp 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
(0.39)
Dividend Share
0.64
Earnings Share
0.76
Revenue Per Share
9.229
Quarterly Revenue Growth
0.011
The market value of Navient Corp is measured differently than its book value, which is the value of Navient that is recorded on the company's balance sheet. Investors also form their own opinion of Navient Corp's value that differs from its market value or its book value, called intrinsic value, which is Navient Corp'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 Navient Corp's market value can be influenced by many factors that don't directly affect Navient Corp'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 Navient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navient Corp'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.