Traeger Current Ratio from 2010 to 2024

COOK Stock  USD 3.08  0.04  1.28%   
Traeger Current Ratio yearly trend continues to be quite stable with very little volatility. The value of Current Ratio is projected to decrease to 1.50. 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
1.61508951
Current Value
1.5
Quarterly Volatility
0.21106633
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Traeger financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Traeger's main balance sheet or income statement drivers, such as Tax Provision of 1.2 M, Depreciation And Amortization of 53.1 M or Interest Expense of 25.5 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 1.0E-4 or PTB Ratio of 1.1. Traeger financial statements analysis is a perfect complement when working with Traeger Valuation or Volatility modules.
  
Check out the analysis of Traeger Correlation against competitors.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.

Latest Traeger's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Traeger 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. Traeger's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Traeger's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.12 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Traeger Current Ratio Regression Statistics

Arithmetic Mean1.76
Geometric Mean1.74
Coefficient Of Variation12.03
Mean Deviation0.12
Median1.72
Standard Deviation0.21
Sample Variance0.04
Range0.9289
R-Value0.14
Mean Square Error0.05
R-Squared0.02
Significance0.62
Slope0.01
Total Sum of Squares0.62

Traeger Current Ratio History

2024 1.5
2022 2.43
2021 1.62
2020 1.99

About Traeger Financial Statements

Traeger investors utilize fundamental indicators, such as Current Ratio, to predict how Traeger Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.62  1.50 

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When determining whether Traeger is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Traeger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Traeger Stock. Highlighted below are key reports to facilitate an investment decision about Traeger Stock:
Check out the analysis of Traeger Correlation against competitors.
For more information on how to buy Traeger Stock please use our How to buy in Traeger Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Apparel, Accessories & Luxury Goods 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 Traeger. If investors know Traeger 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 Traeger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.40)
Revenue Per Share
4.737
Quarterly Revenue Growth
0.037
Return On Assets
(0.01)
Return On Equity
(0.17)
The market value of Traeger is measured differently than its book value, which is the value of Traeger that is recorded on the company's balance sheet. Investors also form their own opinion of Traeger's value that differs from its market value or its book value, called intrinsic value, which is Traeger'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 Traeger's market value can be influenced by many factors that don't directly affect Traeger'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 Traeger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Traeger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Traeger'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.