Corpay Short Term Coverage Ratios from 2010 to 2024

CPAY Stock   343.83  4.74  1.40%   
Corpay Short Term Coverage Ratios yearly trend continues to be fairly stable with very little volatility. Short Term Coverage Ratios will likely drop to 0.51 in 2024. During the period from 2010 to 2024, Corpay Short Term Coverage Ratios regression line of annual values had r-squared of  0.22 and arithmetic mean of  0.58. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
0.98795486
Current Value
0.51
Quarterly Volatility
0.26678736
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corpay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corpay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 251.7 M, Selling General Administrative of 415.6 M or Selling And Marketing Expenses of 203.6 M, as well as many indicators such as Price To Sales Ratio of 8.66, Dividend Yield of 0.0 or PTB Ratio of 4.61. Corpay financial statements analysis is a perfect complement when working with Corpay Valuation or Volatility modules.
  
Check out the analysis of Corpay Correlation against competitors.

Latest Corpay's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Corpay Inc over the last few years. It is Corpay's Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corpay's overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Corpay Short Term Coverage Ratios Regression Statistics

Arithmetic Mean0.58
Geometric Mean0.53
Coefficient Of Variation46.38
Mean Deviation0.22
Median0.44
Standard Deviation0.27
Sample Variance0.07
Range0.8782
R-Value0.47
Mean Square Error0.06
R-Squared0.22
Significance0.07
Slope0.03
Total Sum of Squares1.00

Corpay Short Term Coverage Ratios History

2024 0.51
2023 0.99
2022 0.33
2021 0.78
2020 1.2
2019 0.66
2018 0.44

About Corpay Financial Statements

Corpay investors use historical fundamental indicators, such as Corpay's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Corpay. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 0.99  0.51 

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Additional Tools for Corpay Stock Analysis

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