Gfl Current Ratio from 2010 to 2024

GFL Stock  USD 45.35  0.12  0.26%   
Gfl Environmental Current Ratio yearly trend continues to be quite stable with very little volatility. Current Ratio may rise above 1.10 this year. 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
0.82026072
Current Value
1.1
Quarterly Volatility
0.2458662
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gfl Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gfl Environmental's main balance sheet or income statement drivers, such as Tax Provision of 155.6 M, Interest Income of 509.2 M or Depreciation And Amortization of 1.1 B, as well as many indicators such as Price To Sales Ratio of 4.05, Dividend Yield of 0.001 or PTB Ratio of 4.51. Gfl financial statements analysis is a perfect complement when working with Gfl Environmental Valuation or Volatility modules.
  
Check out the analysis of Gfl Environmental Correlation against competitors.

Latest Gfl Environmental's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Gfl Environmental Holdings 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. Gfl Environmental's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gfl Environmental's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.63 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Gfl Current Ratio Regression Statistics

Arithmetic Mean1.09
Geometric Mean1.06
Coefficient Of Variation22.54
Mean Deviation0.17
Median1.18
Standard Deviation0.25
Sample Variance0.06
Range1.128
R-Value(0.46)
Mean Square Error0.05
R-Squared0.21
Significance0.09
Slope(0.03)
Total Sum of Squares0.85

Gfl Current Ratio History

2024 1.1
2023 0.82
2022 0.51
2021 0.98
2020 0.86
2019 1.64
2018 1.0

About Gfl Environmental Financial Statements

Gfl Environmental investors utilize fundamental indicators, such as Current Ratio, to predict how Gfl 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 0.82  1.10 

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When determining whether Gfl Environmental is a strong investment it is important to analyze Gfl Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gfl Environmental's future performance. For an informed investment choice regarding Gfl Stock, refer to the following important reports:
Check out the analysis of Gfl Environmental Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Environmental & Facilities Services 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 Gfl Environmental. If investors know Gfl 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 Gfl Environmental 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
4.972
Dividend Share
0.073
Earnings Share
(1.27)
Revenue Per Share
21.876
Quarterly Revenue Growth
0.066
The market value of Gfl Environmental is measured differently than its book value, which is the value of Gfl that is recorded on the company's balance sheet. Investors also form their own opinion of Gfl Environmental's value that differs from its market value or its book value, called intrinsic value, which is Gfl Environmental'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 Gfl Environmental's market value can be influenced by many factors that don't directly affect Gfl Environmental'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 Gfl Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gfl Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gfl Environmental'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.