Essent Current Ratio from 2010 to 2024

ESNT Stock  USD 57.78  0.04  0.07%   
Essent Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.39 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
0.40990023
Current Value
0.39
Quarterly Volatility
16.71400282
 
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Yuan Drop
 
Covid
Check Essent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Interest Expense of 31.6 M or Selling General Administrative of 80.5 M, as well as many indicators such as Price To Sales Ratio of 4.9, Dividend Yield of 0.0106 or PTB Ratio of 2.08. Essent financial statements analysis is a perfect complement when working with Essent Valuation or Volatility modules.
  
Check out the analysis of Essent Correlation against competitors.

Latest Essent's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Essent Group 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. Essent's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Essent's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.88 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Essent Current Ratio Regression Statistics

Arithmetic Mean11.96
Geometric Mean2.58
Coefficient Of Variation139.81
Mean Deviation11.77
Median4.86
Standard Deviation16.71
Sample Variance279.36
Range62.6056
R-Value(0.51)
Mean Square Error222.28
R-Squared0.26
Significance0.05
Slope(1.91)
Total Sum of Squares3,911

Essent Current Ratio History

2024 0.39
2023 0.41
2022 0.93
2021 12.13
2020 14.67
2019 15.44
2018 0.18

About Essent Financial Statements

Essent shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Essent investors may analyze each financial statement separately, they are all interrelated. The changes in Essent's assets and liabilities, for example, are also reflected in the revenues and expenses on on Essent'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 0.41  0.39 

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Additional Tools for Essent Stock Analysis

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