Houston Current Ratio from 2010 to 2024

HUSA Stock  USD 1.34  0.05  3.60%   
Houston American's Current Ratio is decreasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 14.28. 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
16.73621204
Current Value
14.28
Quarterly Volatility
21.97548187
 
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Yuan Drop
 
Covid
Check Houston American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Houston American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 223 K, Interest Expense of 46.6 K or Total Revenue of 754.3 K, as well as many indicators such as Price To Sales Ratio of 23.09, Dividend Yield of 0.0023 or PTB Ratio of 1.83. Houston financial statements analysis is a perfect complement when working with Houston American Valuation or Volatility modules.
  
Check out the analysis of Houston American Correlation against competitors.

Latest Houston American's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Houston American Energy 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. Houston American's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Houston American's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 28.17 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Houston Current Ratio Regression Statistics

Arithmetic Mean20.05
Geometric Mean6.68
Coefficient Of Variation109.62
Mean Deviation17.46
Median14.28
Standard Deviation21.98
Sample Variance482.92
Range67.1022
R-Value(0.16)
Mean Square Error507.39
R-Squared0.02
Significance0.58
Slope(0.77)
Total Sum of Squares6,761

Houston Current Ratio History

2024 14.28
2023 16.74
2022 24.58
2021 36.59
2020 5.93
2019 0.23
2018 15.27

About Houston American Financial Statements

Houston American stakeholders use historical fundamental indicators, such as Houston American's Current Ratio, to determine how well the company is positioned to perform in the future. Although Houston American investors may analyze each financial statement separately, they are all interrelated. For example, changes in Houston American's assets and liabilities are reflected in the revenues and expenses on Houston American'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 Houston American Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 16.74  14.28 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Houston American Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Houston American'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 Houston American Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Houston American Energy Stock:
Check out the analysis of Houston American Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Oil & Gas Exploration & Production 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 Houston American. If investors know Houston 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 Houston American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Revenue Per Share
0.057
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.08)
Return On Equity
(0.27)
The market value of Houston American Energy is measured differently than its book value, which is the value of Houston that is recorded on the company's balance sheet. Investors also form their own opinion of Houston American's value that differs from its market value or its book value, called intrinsic value, which is Houston American'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 Houston American's market value can be influenced by many factors that don't directly affect Houston American'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 Houston American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Houston American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Houston American'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.