Taitron Current Ratio from 2010 to 2024

TAIT Stock  USD 2.57  0.07  2.65%   
Taitron Components Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 6.78 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
11.01203783
Current Value
6.78
Quarterly Volatility
3.8724216
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taitron Components financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taitron Components' main balance sheet or income statement drivers, such as Depreciation And Amortization of 202 K, Interest Expense of 184.2 K or Total Revenue of 10.8 M, as well as many indicators such as Price To Sales Ratio of 3.64, Dividend Yield of 0.0435 or PTB Ratio of 1.26. Taitron financial statements analysis is a perfect complement when working with Taitron Components Valuation or Volatility modules.
  
Check out the analysis of Taitron Components Correlation against competitors.

Latest Taitron Components' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Taitron Components Incorporated 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. Taitron Components' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Taitron Components' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.25 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Taitron Current Ratio Regression Statistics

Arithmetic Mean9.19
Geometric Mean8.17
Coefficient Of Variation42.15
Mean Deviation3.30
Median7.84
Standard Deviation3.87
Sample Variance15.00
Range14.172
R-Value0.11
Mean Square Error15.97
R-Squared0.01
Significance0.71
Slope0.09
Total Sum of Squares209.94

Taitron Current Ratio History

2024 6.78
2023 11.01
2022 11.97
2021 5.07
2020 12.68
2019 12.77
2018 7.84

About Taitron Components Financial Statements

Taitron Components shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Taitron Components investors may analyze each financial statement separately, they are all interrelated. The changes in Taitron Components' assets and liabilities, for example, are also reflected in the revenues and expenses on on Taitron Components' 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 11.01  6.78 

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Additional Tools for Taitron Stock Analysis

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