Fastenal Company Stock Current Ratio

FAST Stock

USD 74.60 0.18 0.24%

Fastenal Company fundamentals help investors to digest information that contributes to Fastenal's financial success or failures. It also enables traders to predict the movement of Fastenal Stock. The fundamental analysis module provides a way to measure Fastenal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fastenal stock.

		Last Reported	Projected for Next Year
	Current Ratio	4.67	6.40

Current Ratio is likely to gain to 6.40 in 2025.

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Fastenal Company Company Current Ratio Analysis

Fastenal's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Fastenal Current Ratio

3.98 X

Most of Fastenal's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fastenal Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Fastenal Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Fastenal is extremely important. It helps to project a fair market value of Fastenal Stock properly, considering its historical fundamentals such as Current Ratio. Since Fastenal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fastenal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fastenal's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Accounts Payable	Short Term Debt	Common Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Current Deferred Revenue	Short Long Term Debt	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.75	0.99	0.98	0.94	1.0	0.98	0.72	0.87	0.8	0.89	0.54	0.05	0.74	-0.74	-0.02	-0.04	0.22	0.86	0.85	0.72
Total Stockholder Equity	0.99		0.64	1.0	0.99	0.88	0.99	0.98	0.68	0.91	0.75	0.86	0.42	0.03	0.69	-0.81	-0.06	0.0	0.13	0.86	0.86	0.74
Net Debt	0.75	0.64		0.66	0.69	0.92	0.72	0.72	0.69	0.44	0.76	0.74	0.87	0.05	0.74	-0.24	0.18	-0.13	0.5	0.63	0.59	0.44
Retained Earnings	0.99	1.0	0.66		0.99	0.88	0.99	0.98	0.69	0.91	0.75	0.86	0.44	0.0	0.68	-0.8	-0.05	0.0	0.15	0.86	0.86	0.75
Net Receivables	0.98	0.99	0.69	0.99		0.89	0.99	0.99	0.72	0.91	0.73	0.88	0.45	-0.05	0.68	-0.73	-0.02	0.02	0.18	0.91	0.91	0.8
Total Liab	0.94	0.88	0.92	0.88	0.89		0.92	0.91	0.75	0.69	0.85	0.87	0.75	0.08	0.79	-0.54	0.09	-0.1	0.39	0.79	0.77	0.61
Total Current Assets	1.0	0.99	0.72	0.99	0.99	0.92		0.99	0.72	0.89	0.78	0.88	0.51	0.01	0.72	-0.76	0.0	0.0	0.22	0.87	0.87	0.75
Accounts Payable	0.98	0.98	0.72	0.98	0.99	0.91	0.99		0.72	0.89	0.73	0.88	0.49	-0.06	0.7	-0.7	0.01	0.0	0.21	0.91	0.91	0.78
Short Term Debt	0.72	0.68	0.69	0.69	0.72	0.75	0.72	0.72		0.66	0.61	0.82	0.28	0.03	0.5	-0.24	-0.34	0.47	-0.04	0.84	0.78	0.75
Common Stock	0.87	0.91	0.44	0.91	0.91	0.69	0.89	0.89	0.66		0.57	0.75	0.17	-0.05	0.49	-0.75	-0.2	0.25	-0.1	0.87	0.88	0.9
Property Plant Equipment	0.8	0.75	0.76	0.75	0.73	0.85	0.78	0.73	0.61	0.57		0.84	0.65	0.26	0.74	-0.54	0.11	-0.21	0.39	0.58	0.57	0.51
Net Tangible Assets	0.89	0.86	0.74	0.86	0.88	0.87	0.88	0.88	0.82	0.75	0.84		0.42	0.06	0.75	-0.5	-0.09	0.08	0.2	0.89	0.89	0.8
Long Term Debt	0.54	0.42	0.87	0.44	0.45	0.75	0.51	0.49	0.28	0.17	0.65	0.42		0.03	0.64	-0.21	0.51	-0.46	0.76	0.26	0.25	0.08
Capital Surpluse	0.05	0.03	0.05	0.0	-0.05	0.08	0.01	-0.06	0.03	-0.05	0.26	0.06	0.03		0.38	-0.02	-0.27	-0.18	-0.12	-0.06	-0.11	-0.1
Deferred Long Term Liab	0.74	0.69	0.74	0.68	0.68	0.79	0.72	0.7	0.5	0.49	0.74	0.75	0.64	0.38		-0.45	0.01	-0.24	0.39	0.63	0.61	0.44
Long Term Investments	-0.74	-0.81	-0.24	-0.8	-0.73	-0.54	-0.76	-0.7	-0.24	-0.75	-0.54	-0.5	-0.21	-0.02	-0.45		0.01	0.09	-0.01	-0.48	-0.5	-0.43
Current Deferred Revenue	-0.02	-0.06	0.18	-0.05	-0.02	0.09	0.0	0.01	-0.34	-0.2	0.11	-0.09	0.51	-0.27	0.01	0.01		-0.48	0.83	-0.23	-0.17	-0.26
Short Long Term Debt	-0.04	0.0	-0.13	0.0	0.02	-0.1	0.0	0.0	0.47	0.25	-0.21	0.08	-0.46	-0.18	-0.24	0.09	-0.48		-0.5	0.27	0.23	0.38
Long Term Debt Total	0.22	0.13	0.5	0.15	0.18	0.39	0.22	0.21	-0.04	-0.1	0.39	0.2	0.76	-0.12	0.39	-0.01	0.83	-0.5		0.0	0.04	-0.13
Net Invested Capital	0.86	0.86	0.63	0.86	0.91	0.79	0.87	0.91	0.84	0.87	0.58	0.89	0.26	-0.06	0.63	-0.48	-0.23	0.27	0.0		0.99	0.91
Net Working Capital	0.85	0.86	0.59	0.86	0.91	0.77	0.87	0.91	0.78	0.88	0.57	0.89	0.25	-0.11	0.61	-0.5	-0.17	0.23	0.04	0.99		0.93
Capital Stock	0.72	0.74	0.44	0.75	0.8	0.61	0.75	0.78	0.75	0.9	0.51	0.8	0.08	-0.1	0.44	-0.43	-0.26	0.38	-0.13	0.91	0.93

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Fastenal Current Ratio Historical Pattern

Today, most investors in Fastenal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fastenal's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Fastenal current ratio as a starting point in their analysis.

Fastenal Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Fastenal

Current Ratio Over Time

Fastenal Price To Sales Ratio

Price To Sales Ratio

3.13

At this time, Fastenal's Price To Sales Ratio is comparatively stable compared to the past year.

In accordance with the recently published financial statements, Fastenal Company has a Current Ratio of 3.98 times. This is 93.2% higher than that of the Trading Companies & Distributors sector and 47.41% higher than that of the Industrials industry. The current ratio for all United States stocks is 84.26% lower than that of the firm.

Fastenal Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fastenal's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fastenal could also be used in its relative valuation, which is a method of valuing Fastenal by comparing valuation metrics of similar companies.

Fastenal is currently under evaluation in current ratio category among its peers.

Fastenal ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fastenal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fastenal's managers, analysts, and investors.

Environmental

Governance

Social

Fastenal Fundamentals

	Return On Equity	0.33
	Return On Asset	0.21
	Profit Margin	0.15 %
	Operating Margin	0.19 %
	Current Valuation	43.12 B
	Shares Outstanding	573.42 M
	Shares Owned By Insiders	0.40 %
	Shares Owned By Institutions	86.21 %
	Number Of Shares Shorted	13.16 M
	Price To Earning	28.13 X
	Price To Book	11.86 X
	Price To Sales	5.67 X
	Revenue	7.55 B
	Gross Profit	3.4 B
	EBITDA	1.51 B
	Net Income	1.15 B
	Cash And Equivalents	231.5 M
	Cash Per Share	0.40 X
	Total Debt	485.4 M
	Debt To Equity	0.26 %
	Current Ratio	3.98 X
	Book Value Per Share	6.31 X
	Cash Flow From Operations	1.17 B
	Short Ratio	4.06 X
	Earnings Per Share	2.00 X
	Price To Earnings To Growth	3.34 X
	Target Price	75.71
	Number Of Employees	20.96 K
	Beta	1.01
	Market Capitalization	42.78 B
	Total Asset	4.7 B
	Retained Earnings	3.61 B
	Working Capital	2.52 B
	Current Asset	1.66 B
	Current Liabilities	373.17 M
	Annual Yield	0.02 %
	Five Year Return	2.36 %
	Net Asset	4.7 B
	Last Dividend Paid	1.56

About Fastenal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fastenal Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fastenal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fastenal Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Fastenal Stock Analysis

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

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