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Home Current Ratio Trend from 2010 to 2020

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HD -- USA Stock  

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Home Depot Current Ratio is decreasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 1.08. During the period from 2010 to 2020 Home Depot Current Ratio anual values regression line had geometric mean of 1.23 and mean square error of  0.009515. Home Depot Cost of Revenue is expected to significantly increase based on the last few years of reporting. The last year's Cost of Revenue was at 58.25 Billion. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 12 B, whereas Weighted Average Shares is expected to decline to about 1.1 B. Check Home Depot fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 53.7 B, Consolidated Income of 7.2 B or Cost of Revenue of 62.4 B, as well as many exotic indicators such as Interest Coverage of 13.34, Long Term Debt to Equity of 3.93 or Calculated Tax Rate of 39.45. This can be a perfect complement to check Home Depot Valuation or Volatility. It can also complement various Home Depot Technical models. Please check the analysis of Home Depot Correlation with competitors.
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Home Current Ratio Marginal Breakdown

Showing smoothed Current Ratio of Home Depot with missing and latest data points interpolated. The ratio between current assets and current liabilities; for companies that operate a classified balance sheet.
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1.08 

          10 Years Trend
Decreasing
Slightly volatile
 Current Ratio 
    
  Timeline 

Home Current Ratio Regression Statistics

Arithmetic Mean 1.24
Geometric Mean 1.23
Coefficient Of Variation 10.55
Mean Deviation 0.12
Median 1.32
Standard Deviation 0.13
Sample Variance 0.017065
Range 0.28
R-Value(0.71)
Mean Square Error 0.009515
R-Squared 0.50
Significance 0.015224
Slope(0.0278)
Total Sum of Squares 0.17

Home Current Ratio Over Time

2015  1.11 
2019  1.32 
2020  1.08 

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Home Depot Fundamental Drivers

Home Depot Fundamental Market Drivers

Short Percent Of Float0.84%
Forward Price Earnings23.28
Shares Short Prior Month10.32M
Average Daily Volume Last 10 Day3.08M
Average Daily Volume In Three Month4.73M
Date Short InterestJanuary 31, 2020
Fifty Day Average233.47
Two Hundred Day Average226.84

Home Depot Upcoming Events

Home Depot Upcoming Company Events

Upcoming Quarterly Earning ReportFebruary 25, 2020
Next Earnings ReportMay 19, 2020
Next Fiscal Quarter EndJanuary 31, 2020
Next Fiscal Year EndFebruary 25, 2020
Last Quarter Report DateOctober 31, 2019
Last Earning Anouncement DateJanuary 31, 2019
Please check the analysis of Home Depot Correlation with competitors. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.