Citizens Quick Ratio from 2010 to 2024

CZFS Stock  USD 69.39  0.67  0.96%   
Citizens Financial Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 358.14 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
379.32
Current Value
358.14
Quarterly Volatility
382.89348242
 
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Yuan Drop
 
Covid
Check Citizens Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citizens Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 49.2 M or Selling General Administrative of 38.3 M, as well as many indicators such as Price To Sales Ratio of 3.09, Dividend Yield of 0.0363 or PTB Ratio of 1.66. Citizens financial statements analysis is a perfect complement when working with Citizens Financial Valuation or Volatility modules.
  
Check out the analysis of Citizens Financial Correlation against competitors.

Latest Citizens Financial's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Citizens Financial Services over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Citizens Financial's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Citizens Financial's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

Citizens Quick Ratio Regression Statistics

Arithmetic Mean652.95
Geometric Mean398.05
Coefficient Of Variation58.64
Mean Deviation329.85
Median481.54
Standard Deviation382.89
Sample Variance146,607
Range1.2K
R-Value0.07
Mean Square Error157,147
R-Squared0
Significance0.81
Slope5.85
Total Sum of Squares2.1M

Citizens Quick Ratio History

2024 358.14
2023 379.32
2022 421.47
2021 1113.6
2020 466.03
2019 295.8
2018 1066.91

About Citizens Financial Financial Statements

Citizens Financial shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Citizens Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Citizens Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Citizens Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 379.32  358.14 

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Additional Tools for Citizens Stock Analysis

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