Energy Current Ratio from 2010 to 2024

ET Stock  USD 19.42  0.22  1.15%   
Energy Transfer Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average 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
1.10250953
Current Value
1.18
Quarterly Volatility
0.16077284
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Energy Transfer financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Transfer's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 B, Interest Expense of 1.4 B or Total Revenue of 82.5 B, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.065 or PTB Ratio of 0.94. Energy financial statements analysis is a perfect complement when working with Energy Transfer Valuation or Volatility modules.
  
Check out the analysis of Energy Transfer Correlation against competitors.

Latest Energy Transfer's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Energy Transfer LP 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. Energy Transfer's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Energy Transfer's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.14 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Energy Current Ratio Regression Statistics

Arithmetic Mean1.03
Geometric Mean1.02
Coefficient Of Variation15.56
Mean Deviation0.12
Median1.02
Standard Deviation0.16
Sample Variance0.03
Range0.6278
R-Value0.28
Mean Square Error0.03
R-Squared0.08
Significance0.32
Slope0.01
Total Sum of Squares0.36

Energy Current Ratio History

2024 1.18
2022 1.17
2021 0.97
2020 1.07
2019 1.02
2018 0.73
2017 1.35

About Energy Transfer Financial Statements

Energy Transfer shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Energy Transfer investors may analyze each financial statement separately, they are all interrelated. The changes in Energy Transfer's assets and liabilities, for example, are also reflected in the revenues and expenses on on Energy Transfer'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
Current Ratio 1.10  1.18 

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Additional Tools for Energy Stock Analysis

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