Revance Current Ratio from 2010 to 2024

RVNC Stock  USD 3.61  0.17  4.50%   
Revance's Current Ratio is decreasing over the years with very volatile fluctuation. Current Ratio is expected to dwindle to 3.61. 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
3.79791312
Current Value
3.61
Quarterly Volatility
6.02211593
 
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Yuan Drop
 
Covid
Check Revance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Revance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8 M, Interest Expense of 20.3 M or Total Revenue of 245.7 M, as well as many indicators such as Price To Sales Ratio of 3.02, Dividend Yield of 0.0 or Days Sales Outstanding of 41.0. Revance financial statements analysis is a perfect complement when working with Revance Valuation or Volatility modules.
  
Check out the analysis of Revance Correlation against competitors.
For information on how to trade Revance Stock refer to our How to Trade Revance Stock guide.

Latest Revance's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Revance 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. Revance's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Revance's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.38 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Revance Current Ratio Regression Statistics

Arithmetic Mean7.03
Geometric Mean3.60
Coefficient Of Variation85.61
Mean Deviation4.51
Median4.95
Standard Deviation6.02
Sample Variance36.27
Range21.0527
R-Value(0.04)
Mean Square Error38.98
R-Squared0
Significance0.87
Slope(0.06)
Total Sum of Squares507.72

Revance Current Ratio History

2024 3.61
2023 3.8
2022 4.95
2021 3.66
2020 7.38
2019 7.24
2018 6.5

About Revance Financial Statements

Revance stakeholders use historical fundamental indicators, such as Revance's Current Ratio, to determine how well the company is positioned to perform in the future. Although Revance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Revance's assets and liabilities are reflected in the revenues and expenses on Revance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Revance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.80  3.61 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Revance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Revance'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 Revance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Revance Stock:
Check out the analysis of Revance Correlation against competitors.
For information on how to trade Revance Stock refer to our How to Trade Revance Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Pharmaceuticals 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 Revance. If investors know Revance 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 Revance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.34)
Revenue Per Share
2.656
Quarterly Revenue Growth
0.107
Return On Assets
(0.24)
Return On Equity
(20.97)
The market value of Revance is measured differently than its book value, which is the value of Revance that is recorded on the company's balance sheet. Investors also form their own opinion of Revance's value that differs from its market value or its book value, called intrinsic value, which is Revance'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 Revance's market value can be influenced by many factors that don't directly affect Revance'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 Revance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Revance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revance'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.