Great Current Ratio from 2010 to 2024

GECC Stock  USD 10.43  0.03  0.29%   
Great Elm's Current Ratio is decreasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 0.38. 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
0.40492207
Current Value
0.38
Quarterly Volatility
2.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Great Elm financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Great Elm's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.4 M, Interest Expense of 6.2 M or Selling General Administrative of 3.7 M, as well as many indicators such as Price To Sales Ratio of 2.15, Dividend Yield of 0.08 or PTB Ratio of 1.35. Great financial statements analysis is a perfect complement when working with Great Elm Valuation or Volatility modules.
  
Check out the analysis of Great Elm Correlation against competitors.

Latest Great Elm's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Great Elm Capital 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. Great Elm's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Great Elm's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.09 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Great Current Ratio Regression Statistics

Arithmetic Mean596.26
Geometric Mean0.74
Coefficient Of Variation385.17
Mean Deviation1,107
Median0.40
Standard Deviation2,297
Sample Variance5.3M
Range8.9K
R-Value(0.13)
Mean Square Error5.6M
R-Squared0.02
Significance0.66
Slope(64.52)
Total Sum of Squares73.8M

Great Current Ratio History

2024 0.38
2023 0.4
2022 0.0787
2021 0.0658
2020 0.72
2019 0.1
2018 1.1

About Great Elm Financial Statements

Great Elm stakeholders use historical fundamental indicators, such as Great Elm's Current Ratio, to determine how well the company is positioned to perform in the future. Although Great Elm investors may analyze each financial statement separately, they are all interrelated. For example, changes in Great Elm's assets and liabilities are reflected in the revenues and expenses on Great Elm'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 Great Elm Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.40  0.38 

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When determining whether Great Elm Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Great Elm's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Great Elm Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Great Elm Capital Stock:
Check out the analysis of Great Elm Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Asset Management & Custody Banks 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 Great Elm. If investors know Great 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 Great Elm 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
(0.67)
Dividend Share
1.4
Earnings Share
0.74
Revenue Per Share
4.352
Quarterly Revenue Growth
0.276
The market value of Great Elm Capital is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Elm's value that differs from its market value or its book value, called intrinsic value, which is Great Elm'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 Great Elm's market value can be influenced by many factors that don't directly affect Great Elm'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 Great Elm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Elm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Elm'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.