Rush Current Ratio from 2010 to 2024

RUSHA Stock  USD 62.87  2.87  4.78%   
Rush Enterprises' Current Ratio is increasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 0.98. 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
1.35079812
Current Value
0.98
Quarterly Volatility
0.11749795
 
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Yuan Drop
 
Covid
Check Rush Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rush Enterprises' main balance sheet or income statement drivers, such as Depreciation And Amortization of 232.2 M, Interest Expense of 56.4 M or Selling General Administrative of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0118 or PTB Ratio of 1.16. Rush financial statements analysis is a perfect complement when working with Rush Enterprises Valuation or Volatility modules.
  
Check out the analysis of Rush Enterprises Correlation against competitors.

Latest Rush Enterprises' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Rush Enterprises A 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. Rush Enterprises' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rush Enterprises' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.27 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Rush Current Ratio Regression Statistics

Arithmetic Mean1.19
Geometric Mean1.18
Coefficient Of Variation9.90
Mean Deviation0.1
Median1.17
Standard Deviation0.12
Sample Variance0.01
Range0.3708
R-Value0.22
Mean Square Error0.01
R-Squared0.05
Significance0.42
Slope0.01
Total Sum of Squares0.19

Rush Current Ratio History

2024 0.98
2023 1.35
2022 1.31
2020 1.32
2019 1.14
2017 1.17
2016 1.12

About Rush Enterprises Financial Statements

Rush Enterprises stakeholders use historical fundamental indicators, such as Rush Enterprises' Current Ratio, to determine how well the company is positioned to perform in the future. Although Rush Enterprises investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rush Enterprises' assets and liabilities are reflected in the revenues and expenses on Rush Enterprises' 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 Rush Enterprises A. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.35  0.98 

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When determining whether Rush Enterprises A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Enterprises' 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 Rush Enterprises A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Enterprises A Stock:
Check out the analysis of Rush Enterprises Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Trading Companies & Distributors 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 Rush Enterprises. If investors know Rush 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 Rush Enterprises 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
0.01
Dividend Share
0.69
Earnings Share
3.77
Revenue Per Share
99.014
Quarterly Revenue Growth
(0.04)
The market value of Rush Enterprises A is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Rush Enterprises' 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 Rush Enterprises' market value can be influenced by many factors that don't directly affect Rush Enterprises' 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 Rush Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Enterprises' 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.