Transdigm Current Ratio from 2010 to 2024

TDG Stock  USD 1,260  20.19  1.63%   
Transdigm Group's Current Ratio is decreasing over the last several years with slightly volatile swings. Current Ratio is predicted to flatten to 1.50. 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
1.58211074
Current Value
1.5
Quarterly Volatility
1.09440911
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Transdigm Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transdigm Group's main balance sheet or income statement drivers, such as Interest Expense of 1.4 B, Selling General Administrative of 977.5 M or Total Revenue of 8.3 B, as well as many indicators such as Price To Sales Ratio of 10.91, Dividend Yield of 0.027 or Days Sales Outstanding of 49.19. Transdigm financial statements analysis is a perfect complement when working with Transdigm Group Valuation or Volatility modules.
  
Check out the analysis of Transdigm Group Correlation against competitors.

Latest Transdigm Group's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Transdigm Group 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. Transdigm Group's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Transdigm Group's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.69 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Transdigm Current Ratio Regression Statistics

Arithmetic Mean3.52
Geometric Mean3.33
Coefficient Of Variation31.07
Mean Deviation0.90
Median3.96
Standard Deviation1.09
Sample Variance1.20
Range3.8973
R-Value(0.47)
Mean Square Error1.00
R-Squared0.22
Significance0.08
Slope(0.12)
Total Sum of Squares16.77

Transdigm Current Ratio History

2024 1.5
2023 1.58
2022 4.27
2021 3.96
2020 4.23
2019 4.31
2018 3.16

About Transdigm Group Financial Statements

Transdigm Group stakeholders use historical fundamental indicators, such as Transdigm Group's Current Ratio, to determine how well the company is positioned to perform in the future. Although Transdigm Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Transdigm Group's assets and liabilities are reflected in the revenues and expenses on Transdigm Group'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 Transdigm Group Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.58  1.50 

Currently Active Assets on Macroaxis

When determining whether Transdigm Group is a strong investment it is important to analyze Transdigm Group'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 Transdigm Group's future performance. For an informed investment choice regarding Transdigm Stock, refer to the following important reports:
Check out the analysis of Transdigm Group Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Aerospace & Defense 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 Transdigm Group. If investors know Transdigm 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 Transdigm Group 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
(0.20)
Earnings Share
25.58
Revenue Per Share
137.37
Quarterly Revenue Growth
0.18
Return On Assets
0.0981
The market value of Transdigm Group is measured differently than its book value, which is the value of Transdigm that is recorded on the company's balance sheet. Investors also form their own opinion of Transdigm Group's value that differs from its market value or its book value, called intrinsic value, which is Transdigm Group'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 Transdigm Group's market value can be influenced by many factors that don't directly affect Transdigm Group'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 Transdigm Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transdigm Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transdigm Group'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.