TROW Current Ratio from 2010 to 2024

TROW Stock  USD 122.97  3.13  2.61%   
T Rowe Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 5.76 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
7.67147051
Current Value
5.76
Quarterly Volatility
2.42918886
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check T Rowe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T Rowe's main balance sheet or income statement drivers, such as Tax Provision of 348.2 M, Total Revenue of 6.8 B or Gross Profit of 4 B, as well as many indicators such as Price To Sales Ratio of 3.51, Dividend Yield of 0.0488 or PTB Ratio of 4.97. TROW financial statements analysis is a perfect complement when working with T Rowe Valuation or Volatility modules.
  
Check out the analysis of T Rowe Correlation against competitors.

Latest T Rowe's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of T Rowe Price 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. T Rowe's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in T Rowe's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.76 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

TROW Current Ratio Regression Statistics

Arithmetic Mean7.96
Geometric Mean7.63
Coefficient Of Variation30.52
Mean Deviation1.94
Median7.54
Standard Deviation2.43
Sample Variance5.90
Range7.9632
R-Value(0.19)
Mean Square Error6.12
R-Squared0.04
Significance0.49
Slope(0.10)
Total Sum of Squares82.61

TROW Current Ratio History

2024 5.76
2023 7.67
2022 5.53
2021 5.07
2020 11.06
2019 9.86
2018 6.99

About T Rowe Financial Statements

T Rowe investors use historical fundamental indicators, such as T Rowe's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in T Rowe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 7.67  5.76 

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Additional Tools for TROW Stock Analysis

When running T Rowe's price analysis, check to measure T Rowe'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 T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.