MFS Current Ratio from 2010 to 2024

CMU Stock  USD 3.67  0.02  0.55%   
MFS High Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 1.10 in 2024. 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
1.15
Current Value
1.1
Quarterly Volatility
3.14316435
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MFS High financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MFS High's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 245.9 K or Total Revenue of 1.4 M, as well as many indicators such as Price To Sales Ratio of 19.86, Dividend Yield of 0.11 or PTB Ratio of 0.88. MFS financial statements analysis is a perfect complement when working with MFS High Valuation or Volatility modules.
  
Check out the analysis of MFS High Correlation against competitors.

Latest MFS High's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of MFS High Yield 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. MFS High's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MFS High's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.02 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

MFS Current Ratio Regression Statistics

Arithmetic Mean3.12
Geometric Mean2.01
Coefficient Of Variation100.79
Mean Deviation2.29
Median1.83
Standard Deviation3.14
Sample Variance9.88
Range12.2245
R-Value(0.09)
Mean Square Error10.54
R-Squared0.01
Significance0.74
Slope(0.07)
Total Sum of Squares138.31

MFS Current Ratio History

2024 1.1
2023 1.15
2022 1.28
2021 4.28
2020 0.75
2019 4.58
2018 12.51

About MFS High Financial Statements

MFS High shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although MFS High investors may analyze each financial statement separately, they are all interrelated. The changes in MFS High's assets and liabilities, for example, are also reflected in the revenues and expenses on on MFS High's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.15  1.10 

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Additional Tools for MFS Stock Analysis

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