Target Current Ratio from 2010 to 2024

TGT Stock  USD 130.07  1.38  1.05%   
Target 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
0.90644426
Current Value
1.1993013
Quarterly Volatility
0.12983819
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Target financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Total Revenue of 54.9 B or Gross Profit of 16.3 B, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0258 or PTB Ratio of 3.34. Target financial statements analysis is a perfect complement when working with Target Valuation or Volatility modules.
  
Check out the analysis of Target Correlation against competitors.
For more information on how to buy Target Stock please use our How to Invest in Target guide.

Latest Target's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Target 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. Target's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Target's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.86 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Target Current Ratio Regression Statistics

Arithmetic Mean0.95
Geometric Mean0.94
Coefficient Of Variation13.71
Mean Deviation0.08
Median0.91
Standard Deviation0.13
Sample Variance0.02
Range0.4327
R-Value(0.1)
Mean Square Error0.02
R-Squared0.01
Significance0.72
Slope(0)
Total Sum of Squares0.24

Target Current Ratio History

2024 1.2
2014 0.89
2011 0.91
2010 1.32

About Target Financial Statements

Target shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Target investors may analyze each financial statement separately, they are all interrelated. The changes in Target's assets and liabilities, for example, are also reflected in the revenues and expenses on on Target'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 0.91  1.20 

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Additional Tools for Target Stock Analysis

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