Logan Current Ratio from 2010 to 2024

LRFC Stock  USD 25.30  0.10  0.39%   
Logan Ridge's Current Ratio is increasing over the years with slightly volatile fluctuation. Overall, Current Ratio is expected to go to 32.58 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
31.03241297
Current Value
32.58
Quarterly Volatility
11.27544955
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Logan Ridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Logan Ridge's main balance sheet or income statement drivers, such as Interest Expense of 14.3 M, Selling General Administrative of 4.1 M or Total Revenue of 5.5 M, as well as many indicators such as Price To Sales Ratio of 15.3, Dividend Yield of 0.0402 or PTB Ratio of 0.87. Logan financial statements analysis is a perfect complement when working with Logan Ridge Valuation or Volatility modules.
  
Check out the analysis of Logan Ridge Correlation against competitors.

Latest Logan Ridge's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Logan Ridge Finance 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. Logan Ridge's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Logan Ridge's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.46 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Logan Current Ratio Regression Statistics

Arithmetic Mean13.27
Geometric Mean8.19
Coefficient Of Variation85.00
Mean Deviation9.32
Median12.28
Standard Deviation11.28
Sample Variance127.14
Range32.0423
R-Value0.41
Mean Square Error114.26
R-Squared0.17
Significance0.13
Slope1.03
Total Sum of Squares1,780

Logan Current Ratio History

2024 32.58
2023 31.03
2022 4.94
2021 3.59
2020 30.44
2019 21.67
2018 3.02

About Logan Ridge Financial Statements

Logan Ridge stakeholders use historical fundamental indicators, such as Logan Ridge's Current Ratio, to determine how well the company is positioned to perform in the future. Although Logan Ridge investors may analyze each financial statement separately, they are all interrelated. For example, changes in Logan Ridge's assets and liabilities are reflected in the revenues and expenses on Logan Ridge'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 Logan Ridge Finance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 31.03  32.58 

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When determining whether Logan Ridge Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logan Ridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Logan Ridge Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logan Ridge Finance Stock:
Check out the analysis of Logan Ridge Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Asset Management & Custody Banks 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 Logan Ridge. If investors know Logan 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 Logan Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.28
Earnings Share
(1.43)
Revenue Per Share
7.449
Quarterly Revenue Growth
(0)
Return On Assets
0.0381
The market value of Logan Ridge Finance is measured differently than its book value, which is the value of Logan that is recorded on the company's balance sheet. Investors also form their own opinion of Logan Ridge's value that differs from its market value or its book value, called intrinsic value, which is Logan Ridge'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 Logan Ridge's market value can be influenced by many factors that don't directly affect Logan Ridge'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 Logan Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logan Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logan Ridge'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.