Philip Current Ratio from 2010 to 2024

PM Stock  USD 131.21  0.82  0.63%   
Philip Morris Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to grow to 1.47 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
0.74877762
Current Value
1.47
Quarterly Volatility
0.97008828
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Philip Morris financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Philip Morris' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Interest Expense of 1.6 B or Total Revenue of 24.8 B, as well as many indicators such as Price To Sales Ratio of 3.33, Dividend Yield of 0.0393 or Days Sales Outstanding of 34.1. Philip financial statements analysis is a perfect complement when working with Philip Morris Valuation or Volatility modules.
  
Check out the analysis of Philip Morris Correlation against competitors.

Latest Philip Morris' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Philip Morris International 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. Philip Morris' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Philip Morris' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.92 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Philip Current Ratio Regression Statistics

Arithmetic Mean1.29
Geometric Mean1.14
Coefficient Of Variation75.24
Mean Deviation0.49
Median1.03
Standard Deviation0.97
Sample Variance0.94
Range4.01
R-Value(0.42)
Mean Square Error0.83
R-Squared0.18
Significance0.12
Slope(0.09)
Total Sum of Squares13.17

Philip Current Ratio History

2024 1.47
2023 0.75
2022 0.72
2021 0.92
2020 1.1
2019 1.09
2018 1.13

About Philip Morris Financial Statements

Philip Morris investors utilize fundamental indicators, such as Current Ratio, to predict how Philip Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 0.75  1.47 

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Check out the analysis of Philip Morris Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Tobacco 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 Philip Morris. If investors know Philip 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 Philip Morris 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
0.493
Dividend Share
5.25
Earnings Share
6.34
Revenue Per Share
23.958
Quarterly Revenue Growth
0.084
The market value of Philip Morris Intern is measured differently than its book value, which is the value of Philip that is recorded on the company's balance sheet. Investors also form their own opinion of Philip Morris' value that differs from its market value or its book value, called intrinsic value, which is Philip Morris' 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 Philip Morris' market value can be influenced by many factors that don't directly affect Philip Morris' 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 Philip Morris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Philip Morris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Philip Morris' 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.