Prospect Current Ratio from 2010 to 2024

PSEC Stock  USD 4.65  0.06  1.31%   
Prospect Capital's Current Ratio is decreasing over the years with stable fluctuation. Overall, Current Ratio is expected to go to 1.39 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
0.74507938
Current Value
1.39
Quarterly Volatility
1.24811515
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prospect Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prospect Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 99.4 M or Selling General Administrative of 22.2 M, as well as many indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.088 or PTB Ratio of 0.85. Prospect financial statements analysis is a perfect complement when working with Prospect Capital Valuation or Volatility modules.
  
Check out the analysis of Prospect Capital Correlation against competitors.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.

Latest Prospect Capital's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Prospect Capital 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. Prospect Capital's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prospect Capital's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.57 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Prospect Current Ratio Regression Statistics

Arithmetic Mean1.18
Geometric Mean0.74
Coefficient Of Variation105.64
Mean Deviation0.89
Median0.75
Standard Deviation1.25
Sample Variance1.56
Range4.6897
R-Value(0.12)
Mean Square Error1.65
R-Squared0.02
Significance0.66
Slope(0.03)
Total Sum of Squares21.81

Prospect Current Ratio History

2024 1.39
2023 0.75
2022 2.14
2021 0.27
2020 1.76
2019 1.12
2018 2.44

About Prospect Capital Financial Statements

Prospect Capital stakeholders use historical fundamental indicators, such as Prospect Capital's Current Ratio, to determine how well the company is positioned to perform in the future. Although Prospect Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prospect Capital's assets and liabilities are reflected in the revenues and expenses on Prospect Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prospect Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.75  1.39 

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.
When determining whether Prospect Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prospect Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prospect Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prospect Capital Stock:
Check out the analysis of Prospect Capital Correlation against competitors.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody Banks 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 Prospect Capital. If investors know Prospect 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 Prospect Capital 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
(0.78)
Dividend Share
0.72
Earnings Share
(0.25)
Revenue Per Share
1.961
Quarterly Revenue Growth
(0.17)
The market value of Prospect Capital is measured differently than its book value, which is the value of Prospect that is recorded on the company's balance sheet. Investors also form their own opinion of Prospect Capital's value that differs from its market value or its book value, called intrinsic value, which is Prospect Capital's 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 Prospect Capital's market value can be influenced by many factors that don't directly affect Prospect Capital's 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 Prospect Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospect Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospect Capital's 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.