Legacy Current Ratio from 2010 to 2024

LGCY Stock  USD 8.10  0.24  3.05%   
Legacy Education Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.57 in 2024. 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
2.34922993
Current Value
1.5705937
Quarterly Volatility
0.72982439
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Legacy Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legacy Education's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 807.1 K or Interest Income of 931.2 K, as well as many indicators such as Price To Sales Ratio of 3.69, Dividend Yield of 0.0069 or PTB Ratio of 9.97. Legacy financial statements analysis is a perfect complement when working with Legacy Education Valuation or Volatility modules.
  
Check out the analysis of Legacy Education Correlation against competitors.
For more information on how to buy Legacy Stock please use our How to Invest in Legacy Education guide.

Latest Legacy Education's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Legacy Education 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. Legacy Education's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Legacy Education's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.10 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Legacy Current Ratio Regression Statistics

Arithmetic Mean1.47
Geometric Mean1.22
Coefficient Of Variation49.58
Mean Deviation0.63
Median1.57
Standard Deviation0.73
Sample Variance0.53
Range2.3145
R-Value0.41
Mean Square Error0.48
R-Squared0.17
Significance0.13
Slope0.07
Total Sum of Squares7.46

Legacy Current Ratio History

2023 2.35
2022 2.04
2021 2.47
2019 1.57
2018 0.15
2017 0.78
2016 0.96

About Legacy Education Financial Statements

Legacy Education investors use historical fundamental indicators, such as Legacy Education's Current 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 Legacy Education. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.35  1.57 

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Additional Tools for Legacy Stock Analysis

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