Alamo Current Ratio from 2010 to 2024

ALG Stock  USD 179.20  3.68  2.01%   
Alamo's Current Ratio is increasing over the last several years with stable swings. Current Ratio is estimated to finish at 4.39 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
3.75810794
Current Value
4.39
Quarterly Volatility
0.63757071
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alamo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alamo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 50.4 M, Interest Expense of 27.4 M or Selling General Administrative of 213.7 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.004 or PTB Ratio of 1.38. Alamo financial statements analysis is a perfect complement when working with Alamo Valuation or Volatility modules.
  
Check out the analysis of Alamo Correlation against competitors.

Latest Alamo's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Alamo Group 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. Alamo's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alamo's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.95 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Alamo Current Ratio Regression Statistics

Arithmetic Mean3.77
Geometric Mean3.71
Coefficient Of Variation16.89
Mean Deviation0.47
Median3.87
Standard Deviation0.64
Sample Variance0.41
Range2.4252
R-Value0.23
Mean Square Error0.42
R-Squared0.05
Significance0.42
Slope0.03
Total Sum of Squares5.69

Alamo Current Ratio History

2024 4.39
2023 3.76
2022 3.82
2021 3.18
2020 3.2
2019 3.5
2018 4.49

About Alamo Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alamo income statement, its balance sheet, and the statement of cash flows. Alamo investors use historical funamental indicators, such as Alamo's Current Ratio, to determine how well the company is positioned to perform in the future. Although Alamo investors may use each financial statement separately, they are all related. The changes in Alamo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alamo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alamo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alamo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.76  4.39 

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Alamo Stock

When determining whether Alamo Group is a strong investment it is important to analyze Alamo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:
Check out the analysis of Alamo Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Construction Machinery & Heavy Transportation Equipment 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 Alamo. If investors know Alamo 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 Alamo 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
(0.04)
Dividend Share
0.92
Earnings Share
11.25
Revenue Per Share
142.773
Quarterly Revenue Growth
0.034
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.