AMCON Current Ratio from 2010 to 2024

DIT Stock  USD 134.82  6.19  4.81%   
AMCON Distributing 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
2.5 M
Current Value
2.6 M
Quarterly Volatility
886.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AMCON Distributing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AMCON Distributing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10 M, Interest Expense of 10.9 M or Selling General Administrative of 162.6 M, as well as many indicators such as Price To Sales Ratio of 0.0268, Dividend Yield of 0.0069 or PTB Ratio of 1.01. AMCON financial statements analysis is a perfect complement when working with AMCON Distributing Valuation or Volatility modules.
  
Check out the analysis of AMCON Distributing Correlation against competitors.
For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.

Latest AMCON Distributing's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of AMCON Distributing 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. AMCON Distributing's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AMCON Distributing's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.18 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

AMCON Current Ratio Regression Statistics

Arithmetic Mean335,780
Geometric Mean18.71
Coefficient Of Variation263.99
Mean Deviation582,014
Median3.21
Standard Deviation886,418
Sample Variance785.7B
Range2.6M
R-Value0.59
Mean Square Error550.6B
R-Squared0.35
Significance0.02
Slope117,142
Total Sum of Squares11T

AMCON Current Ratio History

20242.6 M
20232.5 M
2022 3.21
2021 2.93
2020 2.9
2019 3.25
2018 4.27

About AMCON Distributing Financial Statements

AMCON Distributing shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although AMCON Distributing investors may analyze each financial statement separately, they are all interrelated. The changes in AMCON Distributing's assets and liabilities, for example, are also reflected in the revenues and expenses on on AMCON Distributing'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 Ratio2.5 M2.6 M

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Additional Tools for AMCON Stock Analysis

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