Rumble Current Ratio from 2010 to 2024

RUMBW Stock  USD 2.29  0.09  4.09%   
Rumble Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 6.11 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
7.09262892
Current Value
6.11
Quarterly Volatility
5.52145271
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rumble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rumble's main balance sheet or income statement drivers, such as Net Interest Income of 16.3 M, Depreciation And Amortization of 5.9 M or Selling General Administrative of 39 M, as well as many indicators such as Price To Sales Ratio of 10.61, Dividend Yield of 0.0 or PTB Ratio of 3.41. Rumble financial statements analysis is a perfect complement when working with Rumble Valuation or Volatility modules.
  
Check out the analysis of Rumble Correlation against competitors.

Latest Rumble's Current Ratio Growth Pattern

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

Rumble Current Ratio Regression Statistics

Arithmetic Mean3.79
Geometric Mean2.21
Coefficient Of Variation145.74
Mean Deviation3.59
Median1.39
Standard Deviation5.52
Sample Variance30.49
Range21.2558
R-Value0.55
Mean Square Error22.83
R-Squared0.30
Significance0.03
Slope0.68
Total Sum of Squares426.81

Rumble Current Ratio History

2024 6.11
2023 7.09
2022 22.09
2021 6.81
2020 0.84

About Rumble Financial Statements

Rumble investors use historical fundamental indicators, such as Rumble'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 Rumble. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 7.09  6.11 

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Additional Tools for Rumble Stock Analysis

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