Apogee Current Ratio from 2010 to 2024

APOG Stock  USD 84.21  0.43  0.51%   
Apogee Enterprises' Current Ratio is decreasing over the last several years with slightly volatile swings. Current Ratio is predicted to flatten to 0.89. 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
1.46559735
Current Value
0.89470244
Quarterly Volatility
0.22055368
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Apogee Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apogee Enterprises' main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.7 M, Interest Expense of 3.7 M or Selling General Administrative of 137 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0234 or PTB Ratio of 1.55. Apogee financial statements analysis is a perfect complement when working with Apogee Enterprises Valuation or Volatility modules.
  
Check out the analysis of Apogee Enterprises Correlation against competitors.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.

Latest Apogee Enterprises' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Apogee Enterprises 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. Apogee Enterprises' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Apogee Enterprises' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.82 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Apogee Current Ratio Regression Statistics

Arithmetic Mean1.56
Geometric Mean1.54
Coefficient Of Variation14.11
Mean Deviation0.15
Median1.63
Standard Deviation0.22
Sample Variance0.05
Range0.8797
R-Value(0.82)
Mean Square Error0.02
R-Squared0.67
Significance0.0002
Slope(0.04)
Total Sum of Squares0.68

Apogee Current Ratio History

2024 0.89
2019 1.47
2014 1.63
2011 1.77
2010 1.73

About Apogee Enterprises Financial Statements

Apogee Enterprises stakeholders use historical fundamental indicators, such as Apogee Enterprises' Current Ratio, to determine how well the company is positioned to perform in the future. Although Apogee Enterprises investors may analyze each financial statement separately, they are all interrelated. For example, changes in Apogee Enterprises' assets and liabilities are reflected in the revenues and expenses on Apogee Enterprises' 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 Apogee Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.47  0.89 

Currently Active Assets on Macroaxis

When determining whether Apogee Enterprises is a strong investment it is important to analyze Apogee Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apogee Enterprises' future performance. For an informed investment choice regarding Apogee Stock, refer to the following important reports:
Check out the analysis of Apogee Enterprises Correlation against competitors.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Building Products 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 Apogee Enterprises. If investors know Apogee 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 Apogee Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.99
Earnings Share
4.74
Revenue Per Share
62.921
Quarterly Revenue Growth
(0.03)
The market value of Apogee Enterprises is measured differently than its book value, which is the value of Apogee that is recorded on the company's balance sheet. Investors also form their own opinion of Apogee Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Apogee Enterprises' 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 Apogee Enterprises' market value can be influenced by many factors that don't directly affect Apogee Enterprises' 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 Apogee Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Apogee Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apogee Enterprises' 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.