Fastenal Short Term Coverage Ratios from 2010 to 2024

FAST Stock  USD 73.02  1.40  1.88%   
Fastenal Short Term Coverage Ratios yearly trend continues to be comparatively stable with very little volatility. Short Term Coverage Ratios will likely drop to 8.71 in 2024. From the period from 2010 to 2024, Fastenal Short Term Coverage Ratios quarterly data regression had r-value of  0.05 and coefficient of variation of  197.36. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
9.17221511
Current Value
8.71
Quarterly Volatility
71.5939427
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fastenal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fastenal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.2 M, Interest Expense of 11.3 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0289 or PTB Ratio of 8.86. Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
Check out the analysis of Fastenal Correlation against competitors.

Latest Fastenal's Short Term Coverage Ratios Growth Pattern

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

Fastenal Short Term Coverage Ratios Regression Statistics

Arithmetic Mean36.28
Geometric Mean10.59
Coefficient Of Variation197.36
Mean Deviation48.00
Median8.25
Standard Deviation71.59
Sample Variance5,126
Range223
R-Value0.05
Mean Square Error5,504
R-Squared0
Significance0.85
Slope0.86
Total Sum of Squares71,760

Fastenal Short Term Coverage Ratios History

2024 8.71
2023 9.17
2022 3.2
2021 5.11
2020 8.25
2019 8.39
2018 224.73

About Fastenal Financial Statements

Fastenal shareholders use historical fundamental indicators, such as Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Fastenal investors may analyze each financial statement separately, they are all interrelated. The changes in Fastenal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fastenal'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
Short Term Coverage Ratios 9.17  8.71 

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Additional Tools for Fastenal Stock Analysis

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