Phillips Current Ratio from 2010 to 2024

PSX Stock  USD 131.41  0.04  0.03%   
Phillips Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.08 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
1.25763118
Current Value
1.08
Quarterly Volatility
0.15916492
 
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Yuan Drop
 
Covid
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Interest Expense of 972.3 M or Total Revenue of 104.9 B, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Phillips 66 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. Phillips' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.30 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Phillips Current Ratio Regression Statistics

Arithmetic Mean1.34
Geometric Mean1.33
Coefficient Of Variation11.85
Mean Deviation0.13
Median1.38
Standard Deviation0.16
Sample Variance0.03
Range0.5474
R-Value(0.28)
Mean Square Error0.03
R-Squared0.08
Significance0.31
Slope(0.01)
Total Sum of Squares0.35

Phillips Current Ratio History

2024 1.08
2023 1.26
2022 1.38
2021 1.15
2020 1.39
2019 1.24
2018 1.48

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' 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 Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.26  1.08 

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Additional Tools for Phillips Stock Analysis

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