Curtiss Wright Stock Current Ratio

CW Stock  USD 255.94  2.37  0.93%   
Curtiss Wright fundamentals help investors to digest information that contributes to Curtiss Wright's financial success or failures. It also enables traders to predict the movement of Curtiss Stock. The fundamental analysis module provides a way to measure Curtiss Wright'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 Curtiss Wright stock.
Current Ratio is likely to climb to 2.94 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Curtiss Current Ratio Analysis

Curtiss Wright'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.

Curtiss Wright Current Ratio

2.94

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Curtiss Wright Current Ratio

    
  1.68 X  
Most of Curtiss Wright'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, Curtiss Wright is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Curtiss Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Curtiss Wright is extremely important. It helps to project a fair market value of Curtiss Stock properly, considering its historical fundamentals such as Current Ratio. Since Curtiss Wright'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 Curtiss Wright'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 Curtiss Wright's interrelated accounts and indicators.
0.730.980.790.890.940.95-0.63-0.710.980.910.270.830.790.720.620.80.86-0.690.580.8-0.720.84-0.310.690.68-0.48-0.670.7-0.44-0.48
0.730.620.670.550.720.69-0.56-0.40.80.680.310.870.810.840.270.90.92-0.430.590.83-0.530.750.020.560.280.19-0.510.37-0.310.19
0.980.620.710.930.930.92-0.52-0.760.920.890.180.770.70.620.680.690.78-0.730.470.78-0.680.79-0.430.660.73-0.62-0.710.76-0.41-0.62
0.790.670.710.680.70.77-0.45-0.620.840.540.480.870.560.590.670.760.81-0.640.510.58-0.910.78-0.010.820.56-0.19-0.640.67-0.62-0.19
0.890.550.930.680.870.79-0.32-0.940.820.740.260.720.510.420.820.570.74-0.920.20.75-0.70.73-0.630.680.86-0.61-0.870.86-0.55-0.61
0.940.720.930.70.870.94-0.63-0.70.920.880.290.810.780.660.50.750.83-0.690.50.83-0.630.73-0.410.590.62-0.39-0.680.61-0.44-0.39
0.950.690.920.770.790.94-0.71-0.590.940.880.220.80.840.760.480.770.81-0.570.670.8-0.650.75-0.20.610.55-0.43-0.560.58-0.36-0.43
-0.63-0.56-0.52-0.45-0.32-0.63-0.710.06-0.7-0.75-0.27-0.41-0.84-0.730.03-0.68-0.520.04-0.78-0.460.34-0.49-0.17-0.11-0.120.130.04-0.030.130.13
-0.71-0.4-0.76-0.62-0.94-0.7-0.590.06-0.63-0.48-0.29-0.62-0.27-0.2-0.89-0.4-0.621.00.04-0.630.68-0.610.69-0.68-0.890.530.92-0.90.60.53
0.980.80.920.840.820.920.94-0.7-0.630.90.340.860.830.790.540.870.89-0.620.660.79-0.730.86-0.180.690.61-0.35-0.60.61-0.45-0.35
0.910.680.890.540.740.880.88-0.75-0.480.90.140.630.850.720.330.760.72-0.450.620.72-0.440.76-0.210.440.51-0.46-0.40.46-0.17-0.46
0.270.310.180.480.260.290.22-0.27-0.290.340.140.380.170.170.280.260.36-0.33-0.010.14-0.460.210.030.190.420.09-0.190.36-0.350.09
0.830.870.770.870.720.810.8-0.41-0.620.860.630.380.710.740.560.820.95-0.630.510.83-0.780.78-0.150.790.49-0.06-0.710.63-0.47-0.06
0.790.810.70.560.510.780.84-0.84-0.270.830.850.170.710.910.120.880.82-0.250.820.81-0.440.720.040.430.25-0.06-0.280.26-0.03-0.06
0.720.840.620.590.420.660.76-0.73-0.20.790.720.170.740.910.130.820.8-0.20.860.78-0.430.620.150.40.170.06-0.290.21-0.10.06
0.620.270.680.670.820.50.480.03-0.890.540.330.280.560.120.130.30.51-0.88-0.050.44-0.750.57-0.50.70.85-0.59-0.850.94-0.63-0.59
0.80.90.690.760.570.750.77-0.68-0.40.870.760.260.820.880.820.30.92-0.410.730.75-0.630.910.120.710.360.02-0.40.4-0.210.02
0.860.920.780.810.740.830.81-0.52-0.620.890.720.360.950.820.80.510.92-0.630.570.9-0.730.86-0.150.770.52-0.04-0.660.61-0.35-0.04
-0.69-0.43-0.73-0.64-0.92-0.69-0.570.041.0-0.62-0.45-0.33-0.63-0.25-0.2-0.88-0.41-0.630.05-0.630.68-0.60.66-0.69-0.880.460.92-0.890.630.46
0.580.590.470.510.20.50.67-0.780.040.660.62-0.010.510.820.86-0.050.730.570.050.49-0.330.530.360.340.020.03-0.02-0.030.010.03
0.80.830.780.580.750.830.8-0.46-0.630.790.720.140.830.810.780.440.750.9-0.630.49-0.510.68-0.360.590.49-0.11-0.680.55-0.25-0.11
-0.72-0.53-0.68-0.91-0.7-0.63-0.650.340.68-0.73-0.44-0.46-0.78-0.44-0.43-0.75-0.63-0.730.68-0.33-0.51-0.730.21-0.77-0.60.330.71-0.70.620.33
0.840.750.790.780.730.730.75-0.49-0.610.860.760.210.780.720.620.570.910.86-0.60.530.68-0.73-0.040.840.59-0.29-0.550.66-0.24-0.29
-0.310.02-0.43-0.01-0.63-0.41-0.2-0.170.69-0.18-0.210.03-0.150.040.15-0.50.12-0.150.660.36-0.360.21-0.04-0.15-0.560.50.66-0.450.40.5
0.690.560.660.820.680.590.61-0.11-0.680.690.440.190.790.430.40.70.710.77-0.690.340.59-0.770.84-0.150.63-0.2-0.650.72-0.37-0.2
0.680.280.730.560.860.620.55-0.12-0.890.610.510.420.490.250.170.850.360.52-0.880.020.49-0.60.59-0.560.63-0.61-0.720.88-0.45-0.61
-0.480.19-0.62-0.19-0.61-0.39-0.430.130.53-0.35-0.460.09-0.06-0.060.06-0.590.02-0.040.460.03-0.110.33-0.290.5-0.2-0.610.38-0.580.191.0
-0.67-0.51-0.71-0.64-0.87-0.68-0.560.040.92-0.6-0.4-0.19-0.71-0.28-0.29-0.85-0.4-0.660.92-0.02-0.680.71-0.550.66-0.65-0.720.38-0.790.710.38
0.70.370.760.670.860.610.58-0.03-0.90.610.460.360.630.260.210.940.40.61-0.89-0.030.55-0.70.66-0.450.720.88-0.58-0.79-0.45-0.58
-0.44-0.31-0.41-0.62-0.55-0.44-0.360.130.6-0.45-0.17-0.35-0.47-0.03-0.1-0.63-0.21-0.350.630.01-0.250.62-0.240.4-0.37-0.450.190.71-0.450.19
-0.480.19-0.62-0.19-0.61-0.39-0.430.130.53-0.35-0.460.09-0.06-0.060.06-0.590.02-0.040.460.03-0.110.33-0.290.5-0.2-0.611.00.38-0.580.19
Click cells to compare fundamentals

Curtiss Current Ratio Historical Pattern

Today, most investors in Curtiss Wright Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Curtiss Wright'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 Curtiss Wright current ratio as a starting point in their analysis.
   Curtiss Wright 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

Curtiss Discontinued Operations

Discontinued Operations

(1.94 Million)

Curtiss Wright reported Discontinued Operations of (1.85 Million) in 2023
In accordance with the recently published financial statements, Curtiss Wright has a Current Ratio of 1.68 times. This is 18.45% lower than that of the Aerospace & Defense sector and 40.21% lower than that of the Industrials industry. The current ratio for all United States stocks is 22.22% higher than that of the company.

Curtiss Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Curtiss Wright'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 Curtiss Wright could also be used in its relative valuation, which is a method of valuing Curtiss Wright by comparing valuation metrics of similar companies.
Curtiss Wright is currently under evaluation in current ratio category among related companies.

Curtiss Fundamentals

About Curtiss Wright Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Curtiss Wright's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Curtiss Wright using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Curtiss Wright 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.
Last ReportedProjected for 2024
Current Ratio 2.13  2.94 

Pair Trading with Curtiss Wright

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Curtiss Wright position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Curtiss Wright will appreciate offsetting losses from the drop in the long position's value.

Moving together with Curtiss Stock

  0.9GD General Dynamics Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Curtiss Stock

  0.9EVEX Eve Holding Financial Report 14th of May 2024 PairCorr
  0.84DPRO Draganfly Financial Report 14th of May 2024 PairCorr
  0.76MNTS MomentusPairCorr
  0.73BA Boeing Fiscal Quarter End 31st of March 2024 PairCorr
  0.68AZ A2Z Smart TechnologiesPairCorr
The ability to find closely correlated positions to Curtiss Wright could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Curtiss Wright when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Curtiss Wright - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Curtiss Wright to buy it.
The correlation of Curtiss Wright is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Curtiss Wright moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Curtiss-Wright moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Curtiss Wright can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Curtiss-Wright is a strong investment it is important to analyze Curtiss Wright'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 Curtiss Wright's future performance. For an informed investment choice regarding Curtiss Stock, refer to the following important reports:
Check out Curtiss Wright Piotroski F Score and Curtiss Wright Altman Z Score analysis.
For more information on how to buy Curtiss Stock please use our How to Invest in Curtiss Wright guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Curtiss Stock analysis

When running Curtiss Wright's price analysis, check to measure Curtiss Wright'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 Curtiss Wright is operating at the current time. Most of Curtiss Wright's value examination focuses on studying past and present price action to predict the probability of Curtiss Wright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curtiss Wright's price. Additionally, you may evaluate how the addition of Curtiss Wright to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Is Curtiss Wright's industry 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 Curtiss Wright. If investors know Curtiss 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 Curtiss Wright 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
0.099
Dividend Share
0.79
Earnings Share
9.2
Revenue Per Share
74.325
Quarterly Revenue Growth
0.037
The market value of Curtiss-Wright is measured differently than its book value, which is the value of Curtiss that is recorded on the company's balance sheet. Investors also form their own opinion of Curtiss Wright's value that differs from its market value or its book value, called intrinsic value, which is Curtiss Wright'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 Curtiss Wright's market value can be influenced by many factors that don't directly affect Curtiss Wright'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 Curtiss Wright's value and its price as these two are different measures arrived at by different means. Investors typically determine if Curtiss Wright is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Curtiss Wright'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.