Ross Short Term Coverage Ratios from 2010 to 2024

ROST Stock  USD 142.96  3.64  2.61%   
Ross Stores Short Term Coverage Ratios yearly trend continues to be comparatively stable with very little volatility. Short Term Coverage Ratios will likely drop to 3.32 in 2024. From the period from 2010 to 2024, Ross Stores Short Term Coverage Ratios quarterly data regression had r-value of (0.54) and coefficient of variation of  44.96. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
10.06951981
Current Value
3.32
Quarterly Volatility
6.18747518
 
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' Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Ross Stores over the last few years. It is Ross Stores' Short Term Coverage Ratios 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.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Ross Short Term Coverage Ratios Regression Statistics

Arithmetic Mean13.76
Geometric Mean12.09
Coefficient Of Variation44.96
Mean Deviation5.62
Median10.07
Standard Deviation6.19
Sample Variance38.28
Range16.466
R-Value(0.54)
Mean Square Error29.08
R-Squared0.29
Significance0.04
Slope(0.75)
Total Sum of Squares535.99

Ross Short Term Coverage Ratios History

2024 3.32
2018 10.07
2011 19.79
2010 4.22

About Ross Stores Financial Statements

Ross Stores shareholders use historical fundamental indicators, such as Short Term Coverage Ratios, 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
Short Term Coverage Ratios 10.07  3.32 

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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.