NetScout Current Ratio from 2010 to 2024

NTCT Stock  USD 21.49  0.21  0.97%   
NetScout Systems Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average 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
1.7021631
Current Value
2.66
Quarterly Volatility
0.40248547
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NetScout Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetScout Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 50.5 M, Interest Expense of 5.6 M or Total Revenue of 491 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 0.85. NetScout financial statements analysis is a perfect complement when working with NetScout Systems Valuation or Volatility modules.
  
Check out the analysis of NetScout Systems Correlation against competitors.
For more information on how to buy NetScout Stock please use our How to Invest in NetScout Systems guide.

Latest NetScout Systems' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of NetScout Systems 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. NetScout Systems' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NetScout Systems' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.46 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

NetScout Current Ratio Regression Statistics

Arithmetic Mean1.90
Geometric Mean1.87
Coefficient Of Variation21.17
Mean Deviation0.28
Median1.80
Standard Deviation0.40
Sample Variance0.16
Range1.5382
R-Value(0.15)
Mean Square Error0.17
R-Squared0.02
Significance0.60
Slope(0.01)
Total Sum of Squares2.27

NetScout Current Ratio History

2024 2.66
2023 1.7
2022 1.36
2021 1.94
2020 1.76
2019 1.65
2018 2.11

About NetScout Systems Financial Statements

NetScout Systems shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although NetScout Systems investors may analyze each financial statement separately, they are all interrelated. The changes in NetScout Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on NetScout Systems' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.70  2.66 

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Additional Tools for NetScout Stock Analysis

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