Target Current Ratio from 2010 to 2024

TGAAU Stock  USD 11.28  0.00  0.00%   
Target Global Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.01 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
0.00979634
Current Value
0.009307
Quarterly Volatility
0.77842944
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Target Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 3.7 M or Selling General Administrative of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.45. Target financial statements analysis is a perfect complement when working with Target Global Valuation or Volatility modules.
  
Check out the analysis of Target Global Correlation against competitors.

Latest Target Global's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Target Global Acquisition 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. Target Global's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Target Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.05 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Target Current Ratio Regression Statistics

Arithmetic Mean1.70
Geometric Mean0.94
Coefficient Of Variation45.76
Mean Deviation0.59
Median2.07
Standard Deviation0.78
Sample Variance0.61
Range2.0619
R-Value(0.70)
Mean Square Error0.34
R-Squared0.48
Significance0
Slope(0.12)
Total Sum of Squares8.48

Target Current Ratio History

2024 0.009307
2023 0.009796
2022 0.64

About Target Global Financial Statements

Target Global shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Target Global investors may analyze each financial statement separately, they are all interrelated. The changes in Target Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on Target Global's 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 0.01  0.01 

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Additional Tools for Target Stock Analysis

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