Uniti Current Ratio from 2010 to 2024

UNIT Stock  USD 6.11  0.21  3.56%   
Uniti Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.20 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
0.21058586
Current Value
0.2
Quarterly Volatility
0.97431693
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Uniti financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Uniti's main balance sheet or income statement drivers, such as Depreciation And Amortization of 365.3 M, Interest Expense of 286.3 M or Total Revenue of 769 M, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.1 or Days Sales Outstanding of 44.62. Uniti financial statements analysis is a perfect complement when working with Uniti Valuation or Volatility modules.
  
Check out the analysis of Uniti Correlation against competitors.

Latest Uniti's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Uniti Group 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. Uniti's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Uniti's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.60 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Uniti Current Ratio Regression Statistics

Arithmetic Mean0.90
Geometric Mean0.45
Coefficient Of Variation108.04
Mean Deviation0.85
Median0.21
Standard Deviation0.97
Sample Variance0.95
Range2.4079
R-Value(0.88)
Mean Square Error0.23
R-Squared0.77
Significance0.000017
Slope(0.19)
Total Sum of Squares13.29

Uniti Current Ratio History

2022 0.092
2021 0.0851
2020 0.14
2019 0.16
2018 0.21
2017 0.2
2016 0.51

About Uniti Financial Statements

Uniti shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Uniti investors may analyze each financial statement separately, they are all interrelated. The changes in Uniti's assets and liabilities, for example, are also reflected in the revenues and expenses on on Uniti'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 0.21  0.20 

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Additional Tools for Uniti Stock Analysis

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