Reddit, Current Ratio from 2010 to 2024

RDDT Stock   167.50  11.57  7.42%   
Reddit, Current Ratio yearly trend continues to be comparatively 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
11.07798907
Current Value
15.75
Quarterly Volatility
3.70258158
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reddit, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reddit,'s main balance sheet or income statement drivers, such as Tax Provision of 4 M, Depreciation And Amortization of 7.3 M or Selling General Administrative of 136.6 M, as well as many indicators such as Price To Sales Ratio of 6.61, Dividend Yield of 0.0 or PTB Ratio of 3.03. Reddit, financial statements analysis is a perfect complement when working with Reddit, Valuation or Volatility modules.
  
Check out the analysis of Reddit, Correlation against competitors.
For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.

Latest Reddit,'s Current Ratio Growth Pattern

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

Reddit, Current Ratio Regression Statistics

Arithmetic Mean11.22
Geometric Mean10.81
Coefficient Of Variation33.01
Mean Deviation2.50
Median9.52
Standard Deviation3.70
Sample Variance13.71
Range13.1993
R-Value0.55
Mean Square Error10.28
R-Squared0.30
Significance0.03
Slope0.46
Total Sum of Squares191.93

Reddit, Current Ratio History

2024 15.75
2023 11.08
2022 13.94
2021 22.72

About Reddit, Financial Statements

Reddit, shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Reddit, investors may analyze each financial statement separately, they are all interrelated. The changes in Reddit,'s assets and liabilities, for example, are also reflected in the revenues and expenses on on Reddit,'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 11.08  15.75 

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Additional Tools for Reddit, Stock Analysis

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