Telus Current Ratio from 2010 to 2024

TU Stock  USD 15.67  0.08  0.51%   
Telus Corp Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.50 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
0.66606879
Current Value
0.5
Quarterly Volatility
0.10320784
 
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Covid
Check Telus Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Telus Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 1.4 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0258 or PTB Ratio of 1.82. Telus financial statements analysis is a perfect complement when working with Telus Corp Valuation or Volatility modules.
  
Check out the analysis of Telus Corp Correlation against competitors.
For more information on how to buy Telus Stock please use our How to Invest in Telus Corp guide.

Latest Telus Corp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Telus Corp 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. Telus Corp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Telus Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.66 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Telus Current Ratio Regression Statistics

Arithmetic Mean0.64
Geometric Mean0.63
Coefficient Of Variation16.09
Mean Deviation0.08
Median0.63
Standard Deviation0.10
Sample Variance0.01
Range0.2937
R-Value0.18
Mean Square Error0.01
R-Squared0.03
Significance0.53
Slope0
Total Sum of Squares0.15

Telus Current Ratio History

2023 0.67
2022 0.74
2021 0.61
2019 0.78
2018 0.79
2017 0.56
2016 0.5

About Telus Corp Financial Statements

Telus Corp shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Telus Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Telus Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Telus Corp'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 0.67  0.50 

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Additional Tools for Telus Stock Analysis

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