General Quick Ratio from 2010 to 2024

GD Stock  USD 270.43  0.86  0.32%   
General Dynamics' Quick Ratio is increasing over the years with stable fluctuation. Overall, Quick Ratio is expected to go to 0.99 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.91510467
Current Value
0.99
Quarterly Volatility
0.18364527
 
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Check General Dynamics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among General Dynamics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 441.2 M, Interest Expense of 418.9 M or Total Revenue of 22.3 B, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0162 or PTB Ratio of 2.23. General financial statements analysis is a perfect complement when working with General Dynamics Valuation or Volatility modules.
  
Check out the analysis of General Dynamics Correlation against competitors.
For information on how to trade General Stock refer to our How to Trade General Stock guide.

Latest General Dynamics' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of General Dynamics over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. General Dynamics' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in General Dynamics' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

General Quick Ratio Regression Statistics

Arithmetic Mean0.86
Geometric Mean0.84
Coefficient Of Variation21.41
Mean Deviation0.15
Median0.88
Standard Deviation0.18
Sample Variance0.03
Range0.6546
R-Value0.27
Mean Square Error0.03
R-Squared0.07
Significance0.33
Slope0.01
Total Sum of Squares0.47

General Quick Ratio History

2023 0.92
2022 0.96
2021 1.05
2019 0.8
2017 0.99
2016 0.52
2015 0.55

About General Dynamics Financial Statements

General Dynamics stakeholders use historical fundamental indicators, such as General Dynamics' Quick Ratio, to determine how well the company is positioned to perform in the future. Although General Dynamics investors may analyze each financial statement separately, they are all interrelated. For example, changes in General Dynamics' assets and liabilities are reflected in the revenues and expenses on General Dynamics' 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 General Dynamics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.92  0.99 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of General Dynamics Correlation against competitors.
For information on how to trade General Stock refer to our How to Trade General Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Aerospace & Defense 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 General Dynamics. If investors know General 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 General Dynamics 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
0.102
Dividend Share
5.58
Earnings Share
13.13
Revenue Per Share
168.226
Quarterly Revenue Growth
0.104
The market value of General Dynamics is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Dynamics' value that differs from its market value or its book value, called intrinsic value, which is General Dynamics' 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 General Dynamics' market value can be influenced by many factors that don't directly affect General Dynamics' 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 General Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Dynamics' 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.