Betterware Current Ratio from 2010 to 2024

BWMX Stock  USD 11.47  0.28  2.38%   
Betterware Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.93 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
1.043346
Current Value
0.93
Quarterly Volatility
0.15835806
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Betterware financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Betterware's main balance sheet or income statement drivers, such as Tax Provision of 418.1 M, Interest Income of 47.5 M or Depreciation And Amortization of 393.9 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0673 or PTB Ratio of 5.68. Betterware financial statements analysis is a perfect complement when working with Betterware Valuation or Volatility modules.
  
Check out the analysis of Betterware Correlation against competitors.

Latest Betterware's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Betterware de Mxico, 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. Betterware's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Betterware's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.34 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Betterware Current Ratio Regression Statistics

Arithmetic Mean1.20
Geometric Mean1.19
Coefficient Of Variation13.17
Mean Deviation0.14
Median1.28
Standard Deviation0.16
Sample Variance0.03
Range0.5126
R-Value(0.45)
Mean Square Error0.02
R-Squared0.20
Significance0.09
Slope(0.02)
Total Sum of Squares0.35

Betterware Current Ratio History

2024 0.93
2023 1.04
2022 1.36
2021 1.44
2020 1.01
2019 1.0
2018 0.99

About Betterware Financial Statements

Betterware investors use historical fundamental indicators, such as Betterware's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Betterware. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.04  0.93 

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Additional Tools for Betterware Stock Analysis

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