Provident Current Ratio from 2010 to 2024

PFS Stock  USD 21.33  0.04  0.19%   
Provident Financial Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.23 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
0.24
Current Value
0.23
Quarterly Volatility
5.38064407
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Provident Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Financial's main balance sheet or income statement drivers, such as Interest Expense of 227.2 M, Selling General Administrative of 104.4 M or Total Revenue of 296.6 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.0564 or PTB Ratio of 1.32. Provident financial statements analysis is a perfect complement when working with Provident Financial Valuation or Volatility modules.
  
Check out the analysis of Provident Financial Correlation against competitors.

Latest Provident Financial's Current Ratio Growth Pattern

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

Provident Current Ratio Regression Statistics

Arithmetic Mean2.26
Geometric Mean0.80
Coefficient Of Variation238.18
Mean Deviation2.58
Median1.32
Standard Deviation5.38
Sample Variance28.95
Range21.4107
R-Value(0.51)
Mean Square Error22.97
R-Squared0.26
Significance0.05
Slope(0.62)
Total Sum of Squares405.32

Provident Current Ratio History

2024 0.23
2023 0.24
2022 0.21
2021 0.3
2020 0.2
2019 0.19
2018 1.28

About Provident Financial Financial Statements

Provident Financial shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Provident Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Provident Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Provident Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 0.24  0.23 

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Additional Tools for Provident Stock Analysis

When running Provident Financial's price analysis, check to measure Provident 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 Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to predict the probability of Provident 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 Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.