Natural Current Ratio from 2010 to 2024

NGS Stock  USD 27.23  1.32  5.09%   
Natural Gas Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average 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
2.33151958
Current Value
4.3
Quarterly Volatility
4.89476043
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Natural Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Natural Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.2 M, Interest Expense of 4.3 M or Selling General Administrative of 17.9 M, as well as many indicators such as Price To Sales Ratio of 2.21, Dividend Yield of 0.0011 or PTB Ratio of 1.53. Natural financial statements analysis is a perfect complement when working with Natural Gas Valuation or Volatility modules.
  
Check out the analysis of Natural Gas Correlation against competitors.

Latest Natural Gas' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Natural Gas Services 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. Natural Gas' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Natural Gas' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.51 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Natural Current Ratio Regression Statistics

Arithmetic Mean6.70
Geometric Mean5.24
Coefficient Of Variation73.03
Mean Deviation3.85
Median4.97
Standard Deviation4.89
Sample Variance23.96
Range14.4404
R-Value(0.1)
Mean Square Error25.54
R-Squared0.01
Significance0.72
Slope(0.11)
Total Sum of Squares335.42

Natural Current Ratio History

2024 4.3
2023 2.33
2022 1.78
2021 3.21
2020 6.7
2019 7.7
2018 8.81

About Natural Gas Financial Statements

Natural Gas shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Natural Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Natural Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Natural Gas' 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 2.33  4.30 

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Additional Tools for Natural Stock Analysis

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