Simpson Current Ratio from 2010 to 2024

SSD Stock  USD 181.26  2.26  1.26%   
Simpson Manufacturing's Current Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Current Ratio is expected to go to 5.76 this year. 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
3.63298427
Current Value
5.76
Quarterly Volatility
1.30319182
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Simpson Manufacturing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Simpson Manufacturing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 78.4 M, Interest Expense of 10.2 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 4.0, Dividend Yield of 0.0094 or PTB Ratio of 3.38. Simpson financial statements analysis is a perfect complement when working with Simpson Manufacturing Valuation or Volatility modules.
  
Check out the analysis of Simpson Manufacturing Correlation against competitors.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.

Latest Simpson Manufacturing's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Simpson Manufacturing 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. Simpson Manufacturing's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Simpson Manufacturing's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.56 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Simpson Current Ratio Regression Statistics

Arithmetic Mean4.74
Geometric Mean4.56
Coefficient Of Variation27.48
Mean Deviation1.10
Median4.33
Standard Deviation1.30
Sample Variance1.70
Range4.7373
R-Value(0.29)
Mean Square Error1.67
R-Squared0.09
Significance0.29
Slope(0.09)
Total Sum of Squares23.78

Simpson Current Ratio History

2024 5.76
2023 3.63
2022 3.38
2021 4.08
2020 3.88
2019 4.03
2018 4.06

About Simpson Manufacturing Financial Statements

Simpson Manufacturing stakeholders use historical fundamental indicators, such as Simpson Manufacturing's Current Ratio, to determine how well the company is positioned to perform in the future. Although Simpson Manufacturing investors may analyze each financial statement separately, they are all interrelated. For example, changes in Simpson Manufacturing's assets and liabilities are reflected in the revenues and expenses on Simpson Manufacturing's 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 Simpson Manufacturing. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.63  5.76 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Simpson Manufacturing is a strong investment it is important to analyze Simpson Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simpson Manufacturing's future performance. For an informed investment choice regarding Simpson Stock, refer to the following important reports:
Check out the analysis of Simpson Manufacturing Correlation against competitors.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Building Products 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 Simpson Manufacturing. If investors know Simpson 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 Simpson Manufacturing 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
(0.09)
Dividend Share
1.1
Earnings Share
7.55
Revenue Per Share
52.397
Quarterly Revenue Growth
0.012
The market value of Simpson Manufacturing is measured differently than its book value, which is the value of Simpson that is recorded on the company's balance sheet. Investors also form their own opinion of Simpson Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Simpson Manufacturing's 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 Simpson Manufacturing's market value can be influenced by many factors that don't directly affect Simpson Manufacturing's 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 Simpson Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simpson Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simpson Manufacturing's 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.