Synchrony Current Ratio from 2010 to 2024

SYF-PB Stock   26.35  0.03  0.11%   
Synchrony Financial's Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 1.90. 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
2.37
Current Value
1.9
Quarterly Volatility
1.08465203
 
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Check Synchrony Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synchrony Financial's main balance sheet or income statement drivers, such as Tax Provision of 909.1 M, Net Interest Income of 16.8 B or Interest Income of 19 B, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0182 or PTB Ratio of 2.24. Synchrony financial statements analysis is a perfect complement when working with Synchrony Financial Valuation or Volatility modules.
  
Check out the analysis of Synchrony Financial Correlation against competitors.
For information on how to trade Synchrony Stock refer to our How to Trade Synchrony Stock guide.

Latest Synchrony Financial's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Synchrony Financial 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. Synchrony Financial's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synchrony Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Synchrony Current Ratio Regression Statistics

Arithmetic Mean2.10
Geometric Mean1.76
Coefficient Of Variation51.60
Mean Deviation0.87
Median2.40
Standard Deviation1.08
Sample Variance1.18
Range3.6133
R-Value0.41
Mean Square Error1.06
R-Squared0.16
Significance0.13
Slope0.1
Total Sum of Squares16.47

Synchrony Current Ratio History

2024 1.9
2023 2.37
2022 2.64
2021 1.64
2020 2.59
2019 2.69
2018 2.4

About Synchrony Financial Financial Statements

Synchrony Financial stakeholders use historical fundamental indicators, such as Synchrony Financial's Current Ratio, to determine how well the company is positioned to perform in the future. Although Synchrony Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Synchrony Financial's assets and liabilities are reflected in the revenues and expenses on Synchrony Financial'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 Synchrony Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.37  1.90 

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When determining whether Synchrony Financial is a strong investment it is important to analyze Synchrony Financial'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 Synchrony Financial's future performance. For an informed investment choice regarding Synchrony Stock, refer to the following important reports:
Check out the analysis of Synchrony Financial Correlation against competitors.
For information on how to trade Synchrony Stock refer to our How to Trade Synchrony Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Please note, there is a significant difference between Synchrony Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchrony Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchrony Financial'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.