Red Current Ratio from 2010 to 2024

RDVT Stock  USD 36.53  1.52  4.34%   
Red Violet Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average 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
8.25579012
Current Value
8.67
Quarterly Volatility
3.46456088
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Violet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Violet's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 423.8 K or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 4.4, Dividend Yield of 0.0 or PTB Ratio of 3.08. Red financial statements analysis is a perfect complement when working with Red Violet Valuation or Volatility modules.
  
Check out the analysis of Red Violet Correlation against competitors.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.

Latest Red Violet's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Red Violet 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. Red Violet's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Violet's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.17 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Red Current Ratio Regression Statistics

Arithmetic Mean3.64
Geometric Mean2.26
Coefficient Of Variation95.30
Mean Deviation2.76
Median1.32
Standard Deviation3.46
Sample Variance12.00
Range10.8527
R-Value0.81
Mean Square Error4.52
R-Squared0.65
Significance0.0003
Slope0.62
Total Sum of Squares168.04

Red Current Ratio History

2024 8.67
2023 8.26
2022 7.01
2021 11.16
2020 3.32
2019 3.71
2018 3.7

About Red Violet Financial Statements

Red Violet shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Red Violet investors may analyze each financial statement separately, they are all interrelated. The changes in Red Violet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Violet'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 8.26  8.67 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Red Stock Analysis

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