Wolverine Quick Ratio from 2010 to 2024

WWW Stock  USD 22.88  0.72  3.25%   
Wolverine World Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.51 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.54
Current Value
0.51
Quarterly Volatility
0.95278409
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wolverine World financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wolverine World's main balance sheet or income statement drivers, such as Depreciation And Amortization of 25 M, Interest Expense of 60.3 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0356 or PTB Ratio of 1.84. Wolverine financial statements analysis is a perfect complement when working with Wolverine World Valuation or Volatility modules.
  
Check out the analysis of Wolverine World Correlation against competitors.

Latest Wolverine World's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Wolverine World Wide over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Wolverine World's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wolverine World's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Wolverine Quick Ratio Regression Statistics

Arithmetic Mean1.09
Geometric Mean0.87
Coefficient Of Variation87.50
Mean Deviation0.69
Median0.71
Standard Deviation0.95
Sample Variance0.91
Range3.2697
R-Value(0.63)
Mean Square Error0.58
R-Squared0.40
Significance0.01
Slope(0.14)
Total Sum of Squares12.71

Wolverine Quick Ratio History

2024 0.51
2023 0.54
2022 0.47
2016 2.05
2012 0.71
2011 2.65
2010 3.74

About Wolverine World Financial Statements

Wolverine World investors use historical fundamental indicators, such as Wolverine World's Quick 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 Wolverine World. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.54  0.51 

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Additional Tools for Wolverine Stock Analysis

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