Prudential Current Ratio from 2010 to 2024

PRS Stock  USD 24.79  0.06  0.24%   
Prudential Financial Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.82 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
1.63
Current Value
0.82
Quarterly Volatility
0.42713033
 
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Yuan Drop
 
Covid
Check Prudential Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prudential Financial's main balance sheet or income statement drivers, such as Total Revenue of 51.3 B, Gross Profit of 48.7 B or Other Operating Expenses of 12.3 B, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.1 or PTB Ratio of 0.28. Prudential financial statements analysis is a perfect complement when working with Prudential Financial Valuation or Volatility modules.
  
Check out the analysis of Prudential Financial Correlation against competitors.
For more information on how to buy Prudential Stock please use our How to Invest in Prudential Financial guide.

Latest Prudential Financial's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Prudential Financial 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. Prudential Financial's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prudential Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Prudential Current Ratio Regression Statistics

Arithmetic Mean1.23
Geometric Mean1.12
Coefficient Of Variation34.73
Mean Deviation0.33
Median1.36
Standard Deviation0.43
Sample Variance0.18
Range1.5269
R-Value0.43
Mean Square Error0.16
R-Squared0.18
Significance0.11
Slope0.04
Total Sum of Squares2.55

Prudential Current Ratio History

2024 0.82
2023 1.63
2022 1.81
2021 1.25
2020 1.35
2019 1.39
2018 1.43

About Prudential Financial Financial Statements

Prudential Financial shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Prudential Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Prudential Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Prudential Financial's 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 1.63  0.82 

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Additional Tools for Prudential Stock Analysis

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