Topbuild Current Ratio from 2010 to 2024

BLD Stock  USD 392.43  5.78  1.49%   
Topbuild Corp's Current Ratio is increasing over the years with slightly volatile fluctuation. Overall, Current Ratio is expected to go to 2.79 this year. 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
2.65605064
Current Value
2.79
Quarterly Volatility
0.5072801
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Topbuild Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Topbuild Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.5 M, Interest Expense of 78.3 M or Selling General Administrative of 435.7 M, as well as many indicators such as Price To Sales Ratio of 2.39, Dividend Yield of 0.14 or PTB Ratio of 4.84. Topbuild financial statements analysis is a perfect complement when working with Topbuild Corp Valuation or Volatility modules.
  
Check out the analysis of Topbuild Corp Correlation against competitors.
For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.

Latest Topbuild Corp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Topbuild Corp 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. Topbuild Corp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Topbuild Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.69 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Topbuild Current Ratio Regression Statistics

Arithmetic Mean1.64
Geometric Mean1.58
Coefficient Of Variation30.89
Mean Deviation0.36
Median1.59
Standard Deviation0.51
Sample Variance0.26
Range1.678
R-Value0.87
Mean Square Error0.07
R-Squared0.76
Significance0.000021
Slope0.1
Total Sum of Squares3.60

Topbuild Current Ratio History

2024 2.79
2023 2.66
2022 1.96
2020 1.89
2019 1.64
2018 1.59
2017 1.46

About Topbuild Corp Financial Statements

Topbuild Corp stakeholders use historical fundamental indicators, such as Topbuild Corp's Current Ratio, to determine how well the company is positioned to perform in the future. Although Topbuild Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Topbuild Corp's assets and liabilities are reflected in the revenues and expenses on Topbuild Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Topbuild Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.66  2.79 

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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.
When determining whether Topbuild Corp is a strong investment it is important to analyze Topbuild Corp'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 Topbuild Corp's future performance. For an informed investment choice regarding Topbuild Stock, refer to the following important reports:
Check out the analysis of Topbuild Corp Correlation against competitors.
For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Household Durables 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 Topbuild Corp. If investors know Topbuild 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 Topbuild Corp 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
(0.08)
Earnings Share
19.41
Revenue Per Share
166.602
Quarterly Revenue Growth
0.037
Return On Assets
0.1162
The market value of Topbuild Corp is measured differently than its book value, which is the value of Topbuild that is recorded on the company's balance sheet. Investors also form their own opinion of Topbuild Corp's value that differs from its market value or its book value, called intrinsic value, which is Topbuild Corp'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 Topbuild Corp's market value can be influenced by many factors that don't directly affect Topbuild Corp'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 Topbuild Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Topbuild Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Topbuild Corp'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.