Blue Current Ratio from 2010 to 2024

BLBD Stock  USD 41.25  0.47  1.13%   
Blue Bird's Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 1.08. 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
1.37040678
Current Value
1.07739938
Quarterly Volatility
0.10688146
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blue Bird financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blue Bird's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.3 M, Total Revenue of 1 B or Gross Profit of 269 M, as well as many indicators such as Price To Sales Ratio of 0.0392, Dividend Yield of 8.17 or PTB Ratio of 1.3 K. Blue financial statements analysis is a perfect complement when working with Blue Bird Valuation or Volatility modules.
  
Check out the analysis of Blue Bird Correlation against competitors.

Latest Blue Bird's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Blue Bird 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. Blue Bird's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blue Bird's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.42 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Blue Current Ratio Regression Statistics

Arithmetic Mean1.11
Geometric Mean1.10
Coefficient Of Variation9.65
Mean Deviation0.07
Median1.07
Standard Deviation0.11
Sample Variance0.01
Range0.3115
R-Value0.47
Mean Square Error0.01
R-Squared0.22
Significance0.08
Slope0.01
Total Sum of Squares0.16

Blue Current Ratio History

2022 1.37
2016 1.06
2014 1.08

About Blue Bird Financial Statements

Blue Bird stakeholders use historical fundamental indicators, such as Blue Bird's Current Ratio, to determine how well the company is positioned to perform in the future. Although Blue Bird investors may analyze each financial statement separately, they are all interrelated. For example, changes in Blue Bird's assets and liabilities are reflected in the revenues and expenses on Blue Bird'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 Blue Bird Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.37  1.08 

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When determining whether Blue Bird Corp is a strong investment it is important to analyze Blue Bird's 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 Blue Bird's future performance. For an informed investment choice regarding Blue Stock, refer to the following important reports:
Check out the analysis of Blue Bird Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Construction Machinery & Heavy Transportation Equipment 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 Blue Bird. If investors know Blue 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 Blue Bird 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
1.931
Earnings Share
3.16
Revenue Per Share
40.348
Quarterly Revenue Growth
0.133
Return On Assets
0.2078
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird'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 Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird'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 Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird'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.