Ennis Current Ratio from 2010 to 2024

EBF Stock  USD 21.33  0.09  0.42%   
Ennis' Current Ratio is decreasing over the last several years with very volatile swings. Current Ratio is predicted to flatten to 3.43. 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
5.95787107
Current Value
3.43
Quarterly Volatility
0.64373027
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ennis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ennis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.4 M, Interest Expense of 4.2 M or Total Revenue of 357.7 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0388 or PTB Ratio of 2.59. Ennis financial statements analysis is a perfect complement when working with Ennis Valuation or Volatility modules.
  
Check out the analysis of Ennis Correlation against competitors.

Latest Ennis' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Ennis 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. Ennis' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ennis' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.70 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Ennis Current Ratio Regression Statistics

Arithmetic Mean4.76
Geometric Mean4.72
Coefficient Of Variation13.52
Mean Deviation0.51
Median4.77
Standard Deviation0.64
Sample Variance0.41
Range2.5279
R-Value(0.06)
Mean Square Error0.44
R-Squared0
Significance0.83
Slope(0.01)
Total Sum of Squares5.80

Ennis Current Ratio History

2024 3.43
2023 5.96
2022 4.77
2021 4.44
2019 4.22
2018 5.25
2017 5.52

About Ennis Financial Statements

Ennis stakeholders use historical fundamental indicators, such as Ennis' Current Ratio, to determine how well the company is positioned to perform in the future. Although Ennis investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ennis' assets and liabilities are reflected in the revenues and expenses on Ennis' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ennis Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 5.96  3.43 

Currently Active Assets on Macroaxis

When determining whether Ennis Inc is a strong investment it is important to analyze Ennis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ennis' future performance. For an informed investment choice regarding Ennis Stock, refer to the following important reports:
Check out the analysis of Ennis Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ennis. If investors know Ennis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ennis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
1
Earnings Share
1.57
Revenue Per Share
15.593
Quarterly Revenue Growth
(0.07)
The market value of Ennis Inc is measured differently than its book value, which is the value of Ennis that is recorded on the company's balance sheet. Investors also form their own opinion of Ennis' value that differs from its market value or its book value, called intrinsic value, which is Ennis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ennis' market value can be influenced by many factors that don't directly affect Ennis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ennis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ennis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ennis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.