MainStay Current Ratio from 2010 to 2024

MEGI Stock  USD 13.79  0.04  0.29%   
MainStay CBRE's Current Ratio is decreasing with slightly volatile movements from year to year. Current Ratio is estimated to finish at 5.09 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
3.96
Current Value
5.09
Quarterly Volatility
0.7538336
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MainStay CBRE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MainStay CBRE's main balance sheet or income statement drivers, such as Interest Income of 2.2 M, Depreciation And Amortization of 182.8 K or Interest Expense of 17.7 M, as well as many indicators such as PTB Ratio of 0.68, Days Sales Outstanding of 196 or Book Value Per Share of 12.87. MainStay financial statements analysis is a perfect complement when working with MainStay CBRE Valuation or Volatility modules.
  
Check out the analysis of MainStay CBRE Correlation against competitors.

Latest MainStay CBRE's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of MainStay CBRE Global 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. MainStay CBRE's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MainStay CBRE's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

MainStay Current Ratio Regression Statistics

Arithmetic Mean5.49
Geometric Mean5.43
Coefficient Of Variation13.74
Mean Deviation0.53
Median5.82
Standard Deviation0.75
Sample Variance0.57
Range2.3705
R-Value(0.59)
Mean Square Error0.40
R-Squared0.35
Significance0.02
Slope(0.10)
Total Sum of Squares7.96

MainStay Current Ratio History

2024 5.09
2023 3.96
2022 3.45

About MainStay CBRE Financial Statements

Investors use fundamental indicators, such as MainStay CBRE's Current Ratio, to determine how well the company is positioned to perform in the future. Although MainStay CBRE's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 3.96  5.09 

Currently Active Assets on Macroaxis

When determining whether MainStay CBRE Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MainStay CBRE'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 Mainstay Cbre Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mainstay Cbre Global Stock:
Check out the analysis of MainStay CBRE Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks 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 MainStay CBRE. If investors know MainStay 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 MainStay CBRE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.34
The market value of MainStay CBRE Global is measured differently than its book value, which is the value of MainStay that is recorded on the company's balance sheet. Investors also form their own opinion of MainStay CBRE's value that differs from its market value or its book value, called intrinsic value, which is MainStay CBRE'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 MainStay CBRE's market value can be influenced by many factors that don't directly affect MainStay CBRE'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 MainStay CBRE's value and its price as these two are different measures arrived at by different means. Investors typically determine if MainStay CBRE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MainStay CBRE'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.