Smith Current Ratio from 2010 to 2024

SWBI Stock  USD 13.25  0.26  2.00%   
Smith Wesson's Current Ratio is increasing with very volatile movements from year to year. Current Ratio is predicted to flatten to 0.81. 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
2.97702172
Current Value
0.8116733
Quarterly Volatility
0.66279464
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Wesson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Wesson's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.5 M, Other Operating Expenses of 403.5 M or Operating Income of 67.1 M, as well as many indicators such as Price To Sales Ratio of 114, Dividend Yield of 0.0186 or Days Sales Outstanding of 52.6. Smith financial statements analysis is a perfect complement when working with Smith Wesson Valuation or Volatility modules.
  
Check out the analysis of Smith Wesson Correlation against competitors.

Latest Smith Wesson's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Smith Wesson Brands 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. Smith Wesson's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smith Wesson's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.84 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Smith Current Ratio Regression Statistics

Arithmetic Mean2.56
Geometric Mean2.45
Coefficient Of Variation25.91
Mean Deviation0.46
Median2.68
Standard Deviation0.66
Sample Variance0.44
Range2.8713
R-Value0.07
Mean Square Error0.47
R-Squared0
Significance0.81
Slope0.01
Total Sum of Squares6.15

Smith Current Ratio History

2024 0.81
2023 2.98
2022 3.35
2021 3.68
2020 2.13
2019 3.05
2018 2.68

About Smith Wesson Financial Statements

Investors use fundamental indicators, such as Smith Wesson's Current Ratio, to determine how well the company is positioned to perform in the future. Although Smith Wesson's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 2.98  0.81 

Currently Active Assets on Macroaxis

When determining whether Smith Wesson Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Wesson's 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 Smith Wesson Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Wesson Brands Stock:
Check out the analysis of Smith Wesson Correlation against competitors.
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Is Leisure 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 Smith Wesson. If investors know Smith 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 Smith Wesson 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
1.047
Dividend Share
0.49
Earnings Share
0.74
Revenue Per Share
11.178
Quarterly Revenue Growth
(0.23)
The market value of Smith Wesson Brands is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Wesson's value that differs from its market value or its book value, called intrinsic value, which is Smith Wesson'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 Smith Wesson's market value can be influenced by many factors that don't directly affect Smith Wesson'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 Smith Wesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Wesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Wesson'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.