GWW Quick Ratio from 2010 to 2024

GWW Stock  USD 1,091  0.00  0.00%   
WW Grainger Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.02 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
1.64281813
Current Value
1.02
Quarterly Volatility
0.24493138
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WW Grainger financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WW Grainger's main balance sheet or income statement drivers, such as Depreciation And Amortization of 135.3 M, Interest Expense of 112.3 M or Total Revenue of 17.3 B, as well as many indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.0122 or PTB Ratio of 13.94. GWW financial statements analysis is a perfect complement when working with WW Grainger Valuation or Volatility modules.
  
Check out the analysis of WW Grainger Correlation against competitors.
For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.

Latest WW Grainger's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of WW Grainger 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. WW Grainger's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WW Grainger'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  

GWW Quick Ratio Regression Statistics

Arithmetic Mean1.29
Geometric Mean1.27
Coefficient Of Variation18.96
Mean Deviation0.21
Median1.34
Standard Deviation0.24
Sample Variance0.06
Range0.7886
R-Value(0.01)
Mean Square Error0.06
R-Squared0.000091
Significance0.97
Slope(0.0005)
Total Sum of Squares0.84

GWW Quick Ratio History

2024 1.02
2023 1.64
2022 1.36
2021 1.4
2020 1.52
2019 1.13
2018 1.34

About WW Grainger Financial Statements

WW Grainger investors use historical fundamental indicators, such as WW Grainger's Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in WW Grainger. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.64  1.02 

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Additional Tools for GWW Stock Analysis

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