Provident Cash Ratio from 2010 to 2024

PROV Stock  USD 15.91  0.22  1.36%   
Provident Financial Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio will likely drop to 0.34 in 2024. During the period from 2010 to 2024, Provident Financial Cash Ratio regression line of quarterly data had mean square error of  6.37 and geometric mean of  1.96. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.35
Current Value
0.34
Quarterly Volatility
2.96318712
 
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 Depreciation And Amortization of 2.8 M, Interest Expense of 19.3 M or Selling General Administrative of 27 M, as well as many indicators such as Price To Sales Ratio of 2.55, Dividend Yield of 0.0478 or PTB Ratio of 1.06. 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 Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Provident Financial Holdings over the last few years. It is Provident Financial's Cash 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.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Provident Cash Ratio Regression Statistics

Arithmetic Mean3.50
Geometric Mean1.96
Coefficient Of Variation84.54
Mean Deviation2.36
Median3.24
Standard Deviation2.96
Sample Variance8.78
Range8.866
R-Value(0.57)
Mean Square Error6.37
R-Squared0.33
Significance0.03
Slope(0.38)
Total Sum of Squares122.93

Provident Cash Ratio History

2024 0.34
2023 0.35
2022 0.39
2021 1.31
2020 4.05
2019 6.16
2018 3.24

About Provident Financial Financial Statements

Provident Financial investors use historical fundamental indicators, such as Provident Financial's Cash 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 Provident Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.35  0.34 

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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.