Gentherm Current Ratio from 2010 to 2024

THRM Stock  USD 43.77  0.39  0.90%   
Gentherm Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to grow to 3.44 this year. 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
2.11588753
Current Value
3.44
Quarterly Volatility
2.90893684
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gentherm financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gentherm's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.5 M, Interest Expense of 15.4 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 6.0E-4 or PTB Ratio of 2.44. Gentherm financial statements analysis is a perfect complement when working with Gentherm Valuation or Volatility modules.
  
Check out the analysis of Gentherm Correlation against competitors.
To learn how to invest in Gentherm Stock, please use our How to Invest in Gentherm guide.

Latest Gentherm's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Gentherm 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. Gentherm's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gentherm's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.20 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Gentherm Current Ratio Regression Statistics

Arithmetic Mean3.20
Geometric Mean2.71
Coefficient Of Variation90.82
Mean Deviation1.41
Median2.52
Standard Deviation2.91
Sample Variance8.46
Range11.981
R-Value(0.34)
Mean Square Error8.09
R-Squared0.11
Significance0.22
Slope(0.22)
Total Sum of Squares118.47

Gentherm Current Ratio History

2024 3.44
2023 2.12
2021 2.66
2020 3.12
2019 2.39
2018 2.53
2017 2.69

About Gentherm Financial Statements

Gentherm investors utilize fundamental indicators, such as Current Ratio, to predict how Gentherm Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 2.12  3.44 

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When determining whether Gentherm is a strong investment it is important to analyze Gentherm'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 Gentherm's future performance. For an informed investment choice regarding Gentherm Stock, refer to the following important reports:
Check out the analysis of Gentherm Correlation against competitors.
To learn how to invest in Gentherm Stock, please use our How to Invest in Gentherm guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Automotive Parts & Equipment 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 Gentherm. If investors know Gentherm 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 Gentherm 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
0.063
Earnings Share
2.12
Revenue Per Share
46.587
Quarterly Revenue Growth
0.015
Return On Assets
0.0638
The market value of Gentherm is measured differently than its book value, which is the value of Gentherm that is recorded on the company's balance sheet. Investors also form their own opinion of Gentherm's value that differs from its market value or its book value, called intrinsic value, which is Gentherm'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 Gentherm's market value can be influenced by many factors that don't directly affect Gentherm'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 Gentherm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentherm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentherm'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.