Ross Quick Ratio from 2010 to 2024

ROST Stock  USD 146.09  3.13  2.19%   
Ross Stores Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.54 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.2437104
Current Value
0.53641808
Quarterly Volatility
0.35033989
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ross Stores financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ross Stores' main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.4 M, Interest Expense of 77.8 M or Total Revenue of 21.4 B, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0089 or PTB Ratio of 8.32. Ross financial statements analysis is a perfect complement when working with Ross Stores Valuation or Volatility modules.
  
Check out the analysis of Ross Stores Correlation against competitors.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.

Latest Ross Stores' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Ross Stores over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Ross Stores' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ross Stores' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Ross Quick Ratio Regression Statistics

Arithmetic Mean0.71
Geometric Mean0.63
Coefficient Of Variation49.60
Mean Deviation0.29
Median0.59
Standard Deviation0.35
Sample Variance0.12
Range1.0275
R-Value0.74
Mean Square Error0.06
R-Squared0.55
Significance0
Slope0.06
Total Sum of Squares1.72

Ross Quick Ratio History

2024 0.54
2020 1.24
2014 0.59
2011 0.44
2010 0.22

About Ross Stores Financial Statements

Ross Stores shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Ross Stores investors may analyze each financial statement separately, they are all interrelated. The changes in Ross Stores' assets and liabilities, for example, are also reflected in the revenues and expenses on on Ross Stores' 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
Quick Ratio 1.24  0.54 

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Additional Tools for Ross Stock Analysis

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