Casella Current Ratio from 2010 to 2024

CWST Stock  USD 105.97  0.58  0.55%   
Casella Waste Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 1.11 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
1.52882471
Current Value
1.11
Quarterly Volatility
0.31927346
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Casella Waste financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Casella Waste's main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.2 M, Interest Expense of 29.8 M or Selling General Administrative of 163.6 M, as well as many indicators such as Price To Sales Ratio of 3.92, Dividend Yield of 0.0035 or PTB Ratio of 4.85. Casella financial statements analysis is a perfect complement when working with Casella Waste Valuation or Volatility modules.
  
Check out the analysis of Casella Waste Correlation against competitors.

Latest Casella Waste's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Casella Waste Systems 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. Casella Waste's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Casella Waste's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.18 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Casella Current Ratio Regression Statistics

Arithmetic Mean1.00
Geometric Mean0.97
Coefficient Of Variation31.81
Mean Deviation0.22
Median0.90
Standard Deviation0.32
Sample Variance0.10
Range1.1914
R-Value0.63
Mean Square Error0.07
R-Squared0.39
Significance0.01
Slope0.04
Total Sum of Squares1.43

Casella Current Ratio History

2024 1.11
2023 1.53
2022 1.17
2021 0.96
2020 1.88
2018 0.87

About Casella Waste Financial Statements

Casella Waste shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Casella Waste investors may analyze each financial statement separately, they are all interrelated. The changes in Casella Waste's assets and liabilities, for example, are also reflected in the revenues and expenses on on Casella Waste'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 1.53  1.11 

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Additional Tools for Casella Stock Analysis

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