CarPartsCom Current Ratio from 2010 to 2024

PRTS Stock  USD 0.96  0.06  5.53%   
CarPartsCom Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 1.79 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
2.19
Current Value
1.79
Quarterly Volatility
0.24910463
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CarPartsCom financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CarPartsCom's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.6 M, Interest Expense of 1.8 M or Total Revenue of 709.5 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 5.0E-4 or PTB Ratio of 3.36. CarPartsCom financial statements analysis is a perfect complement when working with CarPartsCom Valuation or Volatility modules.
  
Check out the analysis of CarPartsCom Correlation against competitors.
For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.

Latest CarPartsCom's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of CarPartsCom 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. CarPartsCom's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CarPartsCom'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  

CarPartsCom Current Ratio Regression Statistics

Arithmetic Mean1.69
Geometric Mean1.67
Coefficient Of Variation14.71
Mean Deviation0.17
Median1.74
Standard Deviation0.25
Sample Variance0.06
Range1.0606
R-Value0.68
Mean Square Error0.04
R-Squared0.47
Significance0.01
Slope0.04
Total Sum of Squares0.87

CarPartsCom Current Ratio History

2024 1.79
2023 2.19
2022 1.91
2016 1.36
2012 1.74
2011 1.13
2010 1.35

About CarPartsCom Financial Statements

CarPartsCom shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although CarPartsCom investors may analyze each financial statement separately, they are all interrelated. The changes in CarPartsCom's assets and liabilities, for example, are also reflected in the revenues and expenses on on CarPartsCom'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 2.19  1.79 

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Additional Tools for CarPartsCom Stock Analysis

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