POSCO Current Ratio from 2010 to 2024

PKX Stock  USD 54.40  1.84  3.50%   
POSCO Holdings Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.50 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
2.13763243
Current Value
1.5
Quarterly Volatility
0.29702317
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check POSCO Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among POSCO Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 T, Interest Expense of 801.6 B or Total Revenue of 49.8 T, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.0917 or PTB Ratio of 0.16. POSCO financial statements analysis is a perfect complement when working with POSCO Holdings Valuation or Volatility modules.
  
Check out the analysis of POSCO Holdings Correlation against competitors.
For more information on how to buy POSCO Stock please use our How to Invest in POSCO Holdings guide.

Latest POSCO Holdings' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of POSCO Holdings 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. POSCO Holdings' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in POSCO Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.01 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

POSCO Current Ratio Regression Statistics

Arithmetic Mean1.75
Geometric Mean1.73
Coefficient Of Variation16.94
Mean Deviation0.26
Median1.64
Standard Deviation0.30
Sample Variance0.09
Range0.8594
R-Value0.64
Mean Square Error0.06
R-Squared0.41
Significance0.01
Slope0.04
Total Sum of Squares1.24

POSCO Current Ratio History

2024 1.5
2023 2.14
2022 2.05
2021 2.21
2019 2.13
2018 1.78
2017 1.64

About POSCO Holdings Financial Statements

POSCO Holdings investors use historical fundamental indicators, such as POSCO Holdings' 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 POSCO Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.14  1.50 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for POSCO Stock Analysis

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