TRI Current Ratio from 2010 to 2024

TPH Stock  USD 37.03  0.43  1.17%   
TRI Pointe's Current Ratio is decreasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 14.15. 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
20.9029592
Current Value
14.15
Quarterly Volatility
7.20054883
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TRI Pointe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TRI Pointe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.8 M, Interest Expense of 154.5 M or Selling General Administrative of 135.3 M, as well as many indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0031 or PTB Ratio of 2.06. TRI financial statements analysis is a perfect complement when working with TRI Pointe Valuation or Volatility modules.
  
Check out the analysis of TRI Pointe Correlation against competitors.

Latest TRI Pointe's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of TRI Pointe Homes 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. TRI Pointe's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TRI Pointe's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 13.73 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

TRI Current Ratio Regression Statistics

Arithmetic Mean13.88
Geometric Mean12.39
Coefficient Of Variation51.88
Mean Deviation6.13
Median9.58
Standard Deviation7.20
Sample Variance51.85
Range19.926
R-Value(0.52)
Mean Square Error40.78
R-Squared0.27
Significance0.05
Slope(0.84)
Total Sum of Squares725.87

TRI Current Ratio History

2024 14.15
2023 20.9
2022 8.38
2021 6.99
2020 8.05
2019 8.92
2018 8.51

About TRI Pointe Financial Statements

Investors use fundamental indicators, such as TRI Pointe's Current Ratio, to determine how well the company is positioned to perform in the future. Although TRI Pointe'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 20.90  14.15 

Currently Active Assets on Macroaxis

When determining whether TRI Pointe Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TRI Pointe'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 Tri Pointe Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tri Pointe Homes Stock:
Check out the analysis of TRI Pointe Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Household Durables 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 TRI Pointe. If investors know TRI 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 TRI Pointe 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
0.553
Earnings Share
4.87
Revenue Per Share
47.48
Quarterly Revenue Growth
0.365
Return On Assets
0.0759
The market value of TRI Pointe Homes is measured differently than its book value, which is the value of TRI that is recorded on the company's balance sheet. Investors also form their own opinion of TRI Pointe's value that differs from its market value or its book value, called intrinsic value, which is TRI Pointe'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 TRI Pointe's market value can be influenced by many factors that don't directly affect TRI Pointe'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 TRI Pointe's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRI Pointe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRI Pointe'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.