Ge Aerospace Stock Current Ratio

GE Stock  USD 178.70  0.72  0.40%   
GE Aerospace fundamentals help investors to digest information that contributes to GE Aerospace's financial success or failures. It also enables traders to predict the movement of GE Aerospace Stock. The fundamental analysis module provides a way to measure GE Aerospace's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to GE Aerospace stock.
Last ReportedProjected for Next Year
Current Ratio 1.18  1.12 
As of November 22, 2024, Current Ratio is expected to decline to 1.12.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

GE Aerospace Company Current Ratio Analysis

GE Aerospace's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current GE Aerospace Current Ratio

    
  1.10 X  
Most of GE Aerospace's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GE Aerospace is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

GE Aerospace Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for GE Aerospace is extremely important. It helps to project a fair market value of GE Aerospace Stock properly, considering its historical fundamentals such as Current Ratio. Since GE Aerospace's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of GE Aerospace's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of GE Aerospace's interrelated accounts and indicators.
0.960.940.890.911.00.970.790.570.540.840.310.580.940.520.82-0.57-0.260.350.56-0.6-0.380.670.640.660.620.54
0.960.90.880.890.950.940.70.510.410.830.340.510.930.60.77-0.59-0.320.480.6-0.54-0.270.740.660.690.610.48
0.940.90.710.970.940.970.810.350.410.720.370.480.960.610.74-0.53-0.50.520.68-0.63-0.20.760.60.620.560.46
0.890.880.710.680.880.790.60.70.620.80.030.440.720.280.65-0.470.060.090.21-0.36-0.620.340.470.50.450.37
0.910.890.970.680.910.980.710.250.390.650.370.420.950.690.7-0.6-0.610.590.67-0.69-0.180.770.550.560.50.39
1.00.950.940.880.910.970.80.560.560.820.30.580.940.50.82-0.56-0.260.340.54-0.61-0.40.650.620.640.610.54
0.970.940.970.790.980.970.750.410.480.760.390.530.970.640.79-0.61-0.460.480.64-0.67-0.270.740.620.630.590.49
0.790.70.810.60.710.80.750.40.360.630.380.520.760.370.66-0.27-0.180.310.53-0.4-0.180.590.570.580.570.49
0.570.510.350.70.250.560.410.40.560.850.220.660.44-0.040.67-0.150.48-0.450.15-0.14-0.360.090.50.590.630.62
0.540.410.410.620.390.560.480.360.560.45-0.190.320.37-0.020.41-0.180.11-0.27-0.12-0.42-0.71-0.060.150.130.160.25
0.840.830.720.80.650.820.760.630.850.450.490.740.810.370.86-0.420.040.020.57-0.34-0.150.540.760.850.810.71
0.310.340.370.030.370.30.390.380.22-0.190.490.690.540.520.67-0.36-0.230.310.85-0.240.630.70.780.80.850.73
0.580.510.480.440.420.580.530.520.660.320.740.690.650.30.93-0.330.190.030.64-0.350.070.510.880.830.931.0
0.940.930.960.720.950.940.970.760.440.370.810.540.650.670.87-0.59-0.430.510.79-0.63-0.080.850.760.770.730.64
0.520.60.610.280.690.50.640.37-0.04-0.020.370.520.30.670.51-0.69-0.660.70.71-0.420.280.810.510.510.430.32
0.820.770.740.650.70.820.790.660.670.410.860.670.930.870.51-0.54-0.060.210.73-0.53-0.050.690.880.870.920.91
-0.57-0.59-0.53-0.47-0.6-0.56-0.61-0.27-0.15-0.18-0.42-0.36-0.33-0.59-0.69-0.540.35-0.41-0.450.410.08-0.54-0.43-0.42-0.4-0.32
-0.26-0.32-0.50.06-0.61-0.26-0.46-0.180.480.110.04-0.230.19-0.43-0.66-0.060.35-0.77-0.50.55-0.27-0.61-0.02-0.050.040.16
0.350.480.520.090.590.340.480.31-0.45-0.270.020.310.030.510.70.21-0.41-0.770.62-0.370.310.780.340.270.170.06
0.560.60.680.210.670.540.640.530.15-0.120.570.850.640.790.710.73-0.45-0.50.62-0.390.530.940.820.840.790.68
-0.6-0.54-0.63-0.36-0.69-0.61-0.67-0.4-0.14-0.42-0.34-0.24-0.35-0.63-0.42-0.530.410.55-0.37-0.390.26-0.45-0.26-0.26-0.3-0.33
-0.38-0.27-0.2-0.62-0.18-0.4-0.27-0.18-0.36-0.71-0.150.630.07-0.080.28-0.050.08-0.270.310.530.260.370.270.30.250.16
0.670.740.760.340.770.650.740.590.09-0.060.540.70.510.850.810.69-0.54-0.610.780.94-0.450.370.740.750.680.53
0.640.660.60.470.550.620.620.570.50.150.760.780.880.760.510.88-0.43-0.020.340.82-0.260.270.740.970.950.89
0.660.690.620.50.560.640.630.580.590.130.850.80.830.770.510.87-0.42-0.050.270.84-0.260.30.750.970.960.85
0.620.610.560.450.50.610.590.570.630.160.810.850.930.730.430.92-0.40.040.170.79-0.30.250.680.950.960.94
0.540.480.460.370.390.540.490.490.620.250.710.731.00.640.320.91-0.320.160.060.68-0.330.160.530.890.850.94
Click cells to compare fundamentals

GE Aerospace Current Ratio Historical Pattern

Today, most investors in GE Aerospace Stock are looking for potential investment opportunities by analyzing not only static indicators but also various GE Aerospace's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of GE Aerospace current ratio as a starting point in their analysis.
   GE Aerospace Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

GE Aerospace Discontinued Operations

Discontinued Operations

(608.58 Million)

At present, GE Aerospace's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, GE Aerospace has a Current Ratio of 1.1 times. This is 46.6% lower than that of the Industrial Conglomerates sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 49.07% higher than that of the company.

GE Aerospace Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GE Aerospace's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GE Aerospace could also be used in its relative valuation, which is a method of valuing GE Aerospace by comparing valuation metrics of similar companies.
GE Aerospace is currently under evaluation in current ratio category among its peers.

GE Aerospace ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, GE Aerospace's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to GE Aerospace's managers, analysts, and investors.
Environmental
Governance
Social

GE Aerospace Fundamentals

About GE Aerospace Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GE Aerospace's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GE Aerospace using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GE Aerospace based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Is Industrial Conglomerates 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 GE Aerospace. If investors know GE Aerospace 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 GE Aerospace 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
6.064
Dividend Share
0.92
Earnings Share
5.07
Revenue Per Share
64.325
Quarterly Revenue Growth
0.058
The market value of GE Aerospace is measured differently than its book value, which is the value of GE Aerospace that is recorded on the company's balance sheet. Investors also form their own opinion of GE Aerospace's value that differs from its market value or its book value, called intrinsic value, which is GE Aerospace'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 GE Aerospace's market value can be influenced by many factors that don't directly affect GE Aerospace'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 GE Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE Aerospace'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.