Orthofix Current Ratio from 2010 to 2024

OFIX Stock  USD 19.04  0.13  0.69%   
Orthofix Medical Current Ratio yearly trend continues to be fairly 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
2.54470019
Current Value
3.43
Quarterly Volatility
0.81440552
 
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Yuan Drop
 
Covid
Check Orthofix Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orthofix Medical's main balance sheet or income statement drivers, such as Interest Expense of 9.1 M, Total Revenue of 784 M or Gross Profit of 259.2 M, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.0 or PTB Ratio of 0.79. Orthofix financial statements analysis is a perfect complement when working with Orthofix Medical Valuation or Volatility modules.
  
Check out the analysis of Orthofix Medical Correlation against competitors.
For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.

Latest Orthofix Medical's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Orthofix Medical 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. Orthofix Medical's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Orthofix Medical's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.15 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Orthofix Current Ratio Regression Statistics

Arithmetic Mean3.19
Geometric Mean3.10
Coefficient Of Variation25.53
Mean Deviation0.64
Median3.06
Standard Deviation0.81
Sample Variance0.66
Range2.642
R-Value(0.47)
Mean Square Error0.56
R-Squared0.22
Significance0.08
Slope(0.09)
Total Sum of Squares9.29

Orthofix Current Ratio History

2024 3.43
2023 2.54
2022 3.06
2021 2.55
2020 2.6
2019 3.07
2018 2.85

About Orthofix Medical Financial Statements

Orthofix Medical investors use historical fundamental indicators, such as Orthofix Medical'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 Orthofix Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.54  3.43 

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Additional Tools for Orthofix Stock Analysis

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