Companhia Current Ratio from 2010 to 2024

SBS Stock  USD 16.91  0.01  0.06%   
Companhia Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.74 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
0.92573695
Current Value
0.74
Quarterly Volatility
0.13838384
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Companhia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Companhia's main balance sheet or income statement drivers, such as Interest Expense of 1.5 B, Total Revenue of 26.9 B or Gross Profit of 4.8 B, as well as many indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.029 or PTB Ratio of 1.74. Companhia financial statements analysis is a perfect complement when working with Companhia Valuation or Volatility modules.
  
Check out the analysis of Companhia Correlation against competitors.

Latest Companhia's Current Ratio Growth Pattern

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

Companhia Current Ratio Regression Statistics

Arithmetic Mean0.96
Geometric Mean0.95
Coefficient Of Variation14.38
Mean Deviation0.10
Median0.93
Standard Deviation0.14
Sample Variance0.02
Range0.5369
R-Value0.11
Mean Square Error0.02
R-Squared0.01
Significance0.71
Slope0
Total Sum of Squares0.27

Companhia Current Ratio History

2024 0.74
2023 0.93
2021 1.28
2019 0.76
2018 1.04
2017 0.96
2016 0.89

About Companhia Financial Statements

Companhia shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Companhia investors may analyze each financial statement separately, they are all interrelated. The changes in Companhia's assets and liabilities, for example, are also reflected in the revenues and expenses on on Companhia'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 0.93  0.74 

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Additional Tools for Companhia Stock Analysis

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