Hologic Current Ratio from 2010 to 2024

HOLX Stock  USD 79.44  0.44  0.56%   
Hologic Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 3.25 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
3.68617432
Current Value
3.25
Quarterly Volatility
1.20839669
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hologic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hologic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 324.4 M, Interest Expense of 74.8 M or Total Revenue of 4.2 B, as well as many indicators such as Price To Sales Ratio of 5.0, Dividend Yield of 0.0 or PTB Ratio of 3.56. Hologic financial statements analysis is a perfect complement when working with Hologic Valuation or Volatility modules.
  
Check out the analysis of Hologic Correlation against competitors.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.

Latest Hologic's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Hologic 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. Hologic's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hologic's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.90 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Hologic Current Ratio Regression Statistics

Arithmetic Mean3.08
Geometric Mean2.81
Coefficient Of Variation39.20
Mean Deviation1.07
Median3.69
Standard Deviation1.21
Sample Variance1.46
Range2.6477
R-Value0.57
Mean Square Error1.05
R-Squared0.33
Significance0.03
Slope0.16
Total Sum of Squares20.44

Hologic Current Ratio History

2024 3.25
2023 3.69
2022 3.47
2016 4.12
2011 1.47
2010 3.77

About Hologic Financial Statements

Hologic investors use historical fundamental indicators, such as Hologic'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 Hologic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.69  3.25 

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Additional Tools for Hologic Stock Analysis

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