Lancaster Current Ratio from 2010 to 2024

LANC Stock  USD 186.05  0.47  0.25%   
Lancaster Colony's Current Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Current Ratio is expected to go to 2.67 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
2.41341204
Current Value
2.67
Quarterly Volatility
1.13932136
 
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Yuan Drop
 
Covid
Check Lancaster Colony financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lancaster Colony's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.5 M, Interest Expense of 20.6 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0285 or PTB Ratio of 2.92. Lancaster financial statements analysis is a perfect complement when working with Lancaster Colony Valuation or Volatility modules.
  
Check out the analysis of Lancaster Colony Correlation against competitors.
For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.

Latest Lancaster Colony's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Lancaster Colony 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. Lancaster Colony's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lancaster Colony's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.12 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Lancaster Current Ratio Regression Statistics

Arithmetic Mean3.41
Geometric Mean3.24
Coefficient Of Variation33.41
Mean Deviation0.97
Median3.08
Standard Deviation1.14
Sample Variance1.30
Range3.3979
R-Value(0.62)
Mean Square Error0.85
R-Squared0.39
Significance0.01
Slope(0.16)
Total Sum of Squares18.17

Lancaster Current Ratio History

2024 2.67
2023 2.41
2022 2.22
2021 2.12
2020 2.43
2019 3.05
2018 3.08

About Lancaster Colony Financial Statements

Lancaster Colony stakeholders use historical fundamental indicators, such as Lancaster Colony's Current Ratio, to determine how well the company is positioned to perform in the future. Although Lancaster Colony investors may analyze each financial statement separately, they are all interrelated. For example, changes in Lancaster Colony's assets and liabilities are reflected in the revenues and expenses on Lancaster Colony'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 Lancaster Colony. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.41  2.67 

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 Lancaster Colony offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lancaster Colony'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 Lancaster Colony Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lancaster Colony Stock:
Check out the analysis of Lancaster Colony Correlation against competitors.
For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Packaged Foods & Meats 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 Lancaster Colony. If investors know Lancaster 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 Lancaster Colony 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
0.043
Dividend Share
3.6
Earnings Share
5.79
Revenue Per Share
68.39
Quarterly Revenue Growth
0.202
The market value of Lancaster Colony is measured differently than its book value, which is the value of Lancaster that is recorded on the company's balance sheet. Investors also form their own opinion of Lancaster Colony's value that differs from its market value or its book value, called intrinsic value, which is Lancaster Colony'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 Lancaster Colony's market value can be influenced by many factors that don't directly affect Lancaster Colony'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 Lancaster Colony's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lancaster Colony is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lancaster Colony'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.