Harmony Cash Ratio from 2010 to 2024

HMY Stock  USD 8.37  0.06  0.71%   
Harmony Gold Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Harmony Gold Cash Ratio regression line of annual values had r-squared of  0.04 and arithmetic mean of  0.55. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.45518914
Current Value
0.62
Quarterly Volatility
0.24293808
 
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Check Harmony Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harmony Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 B, Interest Expense of 835.8 M or Total Revenue of 64.4 B, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0174 or PTB Ratio of 1.32. Harmony financial statements analysis is a perfect complement when working with Harmony Gold Valuation or Volatility modules.
  
Check out the analysis of Harmony Gold Correlation against competitors.

Latest Harmony Gold's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Harmony Gold Mining over the last few years. It is Harmony Gold's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Harmony Gold's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Pretty Stable
   Cash Ratio   
       Timeline  

Harmony Cash Ratio Regression Statistics

Arithmetic Mean0.55
Geometric Mean0.49
Coefficient Of Variation44.52
Mean Deviation0.20
Median0.49
Standard Deviation0.24
Sample Variance0.06
Range0.7946
R-Value(0.20)
Mean Square Error0.06
R-Squared0.04
Significance0.49
Slope(0.01)
Total Sum of Squares0.83

Harmony Cash Ratio History

2023 0.46
2022 0.42
2020 0.49
2019 0.84
2018 0.31
2017 0.19
2016 0.32

About Harmony Gold Financial Statements

Harmony Gold investors use historical fundamental indicators, such as Harmony Gold's Cash 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 Harmony Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 0.46  0.62 

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Additional Tools for Harmony Stock Analysis

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