Target Current Ratio from 2010 to 2026

TH Stock  USD 7.15  0.07  0.99%   
Target Hospitality's Current Ratio is decreasing with very volatile movements from year to year. Current Ratio is predicted to flatten to 1.17. 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
1.23
Current Value
1.17
Quarterly Volatility
38.22605038
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Target Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target Hospitality's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.1 M, Interest Expense of 27.2 M or Selling General Administrative of 45.4 M, as well as many indicators such as Price To Sales Ratio of 2.19, Dividend Yield of 0.0497 or PTB Ratio of 2.51. Target financial statements analysis is a perfect complement when working with Target Hospitality Valuation or Volatility modules.
  
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Check out the analysis of Target Hospitality Correlation against competitors.
The Current Ratio trend for Target Hospitality Corp offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Target Hospitality is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Target Hospitality's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Target Hospitality Corp 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 Hospitality's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Target Hospitality's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.67 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Target Current Ratio Regression Statistics

Arithmetic Mean11.40
Geometric Mean2.40
Coefficient Of Variation335.31
Mean Deviation17.44
Median2.57
Standard Deviation38.23
Sample Variance1,461
Range159
R-Value(0.07)
Mean Square Error1,550
R-Squared0.01
Significance0.78
Slope(0.56)
Total Sum of Squares23,380

Target Current Ratio History

2026 1.17
2025 1.23
2024 1.07
2023 2.57
2022 1.24
2021 0.83
2020 0.96

About Target Hospitality Financial Statements

Investors use fundamental indicators, such as Target Hospitality's Current Ratio, to determine how well the company is positioned to perform in the future. Although Target Hospitality'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 1.23  1.17 

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Check out the analysis of Target Hospitality Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is there potential for Hotels, Resorts & Cruise Lines market expansion? Will Target introduce new products? Factors like these will boost the valuation of Target Hospitality. If investors know Target will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Target Hospitality 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
(0.59)
Earnings Share
(0.10)
Revenue Per Share
3.165
Quarterly Revenue Growth
0.044
Return On Assets
0.0074
The market value of Target Hospitality Corp is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Target Hospitality's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Target Hospitality's market value can be influenced by many factors that don't directly affect Target Hospitality'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 Target Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Target Hospitality's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.