Prudential Current Ratio from 2010 to 2024

PFH Stock  USD 18.20  0.10  0.55%   
Prudential Financial's Current Ratio is increasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 0.84. 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
1.4643692
Current Value
0.84
Quarterly Volatility
0.41676136
 
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Covid
Check Prudential Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prudential Financial's main balance sheet or income statement drivers, such as Total Revenue of 51.3 B, Gross Profit of 49.1 B or Other Operating Expenses of 47.9 B, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.19 or PTB Ratio of 0.19. Prudential financial statements analysis is a perfect complement when working with Prudential Financial Valuation or Volatility modules.
  
Check out the analysis of Prudential Financial Correlation against competitors.
For more detail on how to invest in Prudential Stock please use our How to Invest in Prudential Financial guide.

Latest Prudential Financial's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Prudential Financial 4125 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. Prudential Financial's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prudential Financial's 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  

Prudential Current Ratio Regression Statistics

Arithmetic Mean1.22
Geometric Mean1.12
Coefficient Of Variation34.15
Mean Deviation0.32
Median1.36
Standard Deviation0.42
Sample Variance0.17
Range1.5269
R-Value0.41
Mean Square Error0.16
R-Squared0.17
Significance0.13
Slope0.04
Total Sum of Squares2.43

Prudential Current Ratio History

2024 0.84
2023 1.46
2022 1.81
2021 1.25
2020 1.35
2019 1.39
2018 1.43

About Prudential Financial Financial Statements

Investors use fundamental indicators, such as Prudential Financial's Current Ratio, to determine how well the company is positioned to perform in the future. Although Prudential Financial's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 1.46  0.84 

Currently Active Assets on Macroaxis

When determining whether Prudential Financial 4125 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prudential Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prudential Financial 4125 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prudential Financial 4125 Stock:
Check out the analysis of Prudential Financial Correlation against competitors.
For more detail on how to invest in Prudential Stock please use our How to Invest in Prudential Financial guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Diversified Metals & Mining 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 Prudential Financial. If investors know Prudential 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 Prudential Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.1177
The market value of Prudential Financial 4125 is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential Financial's value that differs from its market value or its book value, called intrinsic value, which is Prudential Financial's 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 Prudential Financial's market value can be influenced by many factors that don't directly affect Prudential Financial's 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 Prudential Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential Financial's 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.