Avnet Current Ratio from 2010 to 2024

AVT Stock  USD 54.23  0.61  1.11%   
Avnet Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average 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
2.32249211
Current Value
2.56295637
Quarterly Volatility
0.32439981
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avnet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avnet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.3 M, Interest Expense of 268.7 M or Selling General Administrative of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0172 or PTB Ratio of 1.1. Avnet financial statements analysis is a perfect complement when working with Avnet Valuation or Volatility modules.
  
Check out the analysis of Avnet Correlation against competitors.

Latest Avnet's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Avnet Inc 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. Avnet's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avnet's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.04 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Avnet Current Ratio Regression Statistics

Arithmetic Mean2.79
Geometric Mean2.77
Coefficient Of Variation11.63
Mean Deviation0.30
Median2.56
Standard Deviation0.32
Sample Variance0.11
Range1.0386
R-Value(0.90)
Mean Square Error0.02
R-Squared0.80
Slope(0.06)
Total Sum of Squares1.47

Avnet Current Ratio History

2024 2.56
2023 2.32
2017 2.53
2011 3.07
2010 3.36

About Avnet Financial Statements

Avnet shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Avnet investors may analyze each financial statement separately, they are all interrelated. The changes in Avnet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avnet'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 2.32  2.56 

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Additional Tools for Avnet Stock Analysis

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