Genworth Current Ratio from 2010 to 2024

GNW Stock  USD 6.99  0.38  5.16%   
Genworth Financial Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to -0.52 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
(0.49)
Current Value
(0.52)
Quarterly Volatility
7.8219471
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genworth Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genworth Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.2 M, Interest Expense of 112.1 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0188 or PTB Ratio of 0.5. Genworth financial statements analysis is a perfect complement when working with Genworth Financial Valuation or Volatility modules.
  
Check out the analysis of Genworth Financial Correlation against competitors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.

Latest Genworth Financial's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Genworth Financial 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. Genworth Financial's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genworth Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.42 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Genworth Current Ratio Regression Statistics

Arithmetic Mean(3.57)
Geometric Mean0.30
Coefficient Of Variation(219.22)
Mean Deviation5.90
Median0.03
Standard Deviation7.82
Sample Variance61.18
Range24.9537
R-Value(0.40)
Mean Square Error55.31
R-Squared0.16
Significance0.14
Slope(0.70)
Total Sum of Squares856.56

Genworth Current Ratio History

2024 -0.52
2023 -0.49
2022 -0.43
2021 -18.36
2020 -22.47
2019 -14.1
2018 0.0258

About Genworth Financial Financial Statements

Genworth Financial investors use historical fundamental indicators, such as Genworth Financial's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Genworth Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio(0.49)(0.52)

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Additional Tools for Genworth Stock Analysis

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