Matrix Current Ratio from 2010 to 2024

MTRX Stock  USD 13.30  0.15  1.12%   
Matrix Service Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average 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
1.13758558
Current Value
1.64730356
Quarterly Volatility
0.2641701
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Matrix Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 1.4 M or Total Revenue of 649.8 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0 or PTB Ratio of 1.85. Matrix financial statements analysis is a perfect complement when working with Matrix Service Valuation or Volatility modules.
  
Check out the analysis of Matrix Service Correlation against competitors.

Latest Matrix Service's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Matrix Service Co 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. Matrix Service's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Matrix Service's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.69 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Matrix Current Ratio Regression Statistics

Arithmetic Mean1.63
Geometric Mean1.61
Coefficient Of Variation16.20
Mean Deviation0.20
Median1.62
Standard Deviation0.26
Sample Variance0.07
Range1.0379
R-Value(0.42)
Mean Square Error0.06
R-Squared0.18
Significance0.12
Slope(0.02)
Total Sum of Squares0.98

Matrix Current Ratio History

2024 1.65
2023 1.14
2022 1.4
2021 1.62
2019 1.9
2018 1.51
2017 1.5

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service'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 Matrix Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.14  1.65 

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Additional Tools for Matrix Stock Analysis

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