Affiliated Current Ratio from 2010 to 2024

MGRD Stock  USD 16.29  0.06  0.37%   
Affiliated Managers' Current Ratio is increasing over the years with slightly volatile fluctuation. Overall, Current Ratio is expected to go to 4.20 this year. 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
4.00048697
Current Value
4.2
Quarterly Volatility
0.94629975
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Affiliated Managers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Affiliated Managers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.2 M, Selling General Administrative of 321.6 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 3.45, Dividend Yield of 3.0E-4 or PTB Ratio of 1.41. Affiliated financial statements analysis is a perfect complement when working with Affiliated Managers Valuation or Volatility modules.
  
Check out the analysis of Affiliated Managers Correlation against competitors.

Latest Affiliated Managers' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Affiliated Managers 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. Affiliated Managers' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Affiliated Managers' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Affiliated Current Ratio Regression Statistics

Arithmetic Mean1.99
Geometric Mean1.83
Coefficient Of Variation47.44
Mean Deviation0.66
Median1.78
Standard Deviation0.95
Sample Variance0.90
Range3.2212
R-Value0.55
Mean Square Error0.67
R-Squared0.30
Significance0.03
Slope0.12
Total Sum of Squares12.54

Affiliated Current Ratio History

2024 4.2
2023 4.0
2022 1.88
2021 1.78
2020 2.16
2019 1.6
2018 1.29

About Affiliated Managers Financial Statements

Affiliated Managers stakeholders use historical fundamental indicators, such as Affiliated Managers' Current Ratio, to determine how well the company is positioned to perform in the future. Although Affiliated Managers investors may analyze each financial statement separately, they are all interrelated. For example, changes in Affiliated Managers' assets and liabilities are reflected in the revenues and expenses on Affiliated Managers' 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 Affiliated Managers Group,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 4.00  4.20 

Also Currently Popular

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.
When determining whether Affiliated Managers is a strong investment it is important to analyze Affiliated Managers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Affiliated Managers' future performance. For an informed investment choice regarding Affiliated Stock, refer to the following important reports:
Check out the analysis of Affiliated Managers Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Trading 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 Affiliated Managers. If investors know Affiliated 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 Affiliated Managers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Affiliated Managers is measured differently than its book value, which is the value of Affiliated that is recorded on the company's balance sheet. Investors also form their own opinion of Affiliated Managers' value that differs from its market value or its book value, called intrinsic value, which is Affiliated Managers' 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 Affiliated Managers' market value can be influenced by many factors that don't directly affect Affiliated Managers' 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 Affiliated Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affiliated Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affiliated Managers' 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.