TTEC Current Ratio from 2010 to 2024

TTEC Stock  USD 6.32  0.08  1.25%   
TTEC Holdings' Current Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Current Ratio is expected to go to 2.55 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
1.60915026
Current Value
2.55
Quarterly Volatility
0.71984987
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TTEC Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TTEC Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 65.4 M, Interest Expense of 82.2 M or Selling General Administrative of 204.9 M, as well as many indicators such as Price To Sales Ratio of 0.4, Dividend Yield of 0.0504 or PTB Ratio of 1.63. TTEC financial statements analysis is a perfect complement when working with TTEC Holdings Valuation or Volatility modules.
  
Check out the analysis of TTEC Holdings Correlation against competitors.
For information on how to trade TTEC Stock refer to our How to Trade TTEC Stock guide.

Latest TTEC Holdings' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of TTEC Holdings 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. TTEC Holdings' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TTEC Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.61 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

TTEC Current Ratio Regression Statistics

Arithmetic Mean2.32
Geometric Mean2.23
Coefficient Of Variation31.00
Mean Deviation0.52
Median2.24
Standard Deviation0.72
Sample Variance0.52
Range2.776
R-Value(0.70)
Mean Square Error0.29
R-Squared0.49
Significance0
Slope(0.11)
Total Sum of Squares7.25

TTEC Current Ratio History

2024 2.55
2023 1.61
2022 1.82
2021 1.57
2020 1.66
2019 1.51
2018 2.24

About TTEC Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include TTEC Holdings income statement, its balance sheet, and the statement of cash flows. TTEC Holdings investors use historical funamental indicators, such as TTEC Holdings's Current Ratio, to determine how well the company is positioned to perform in the future. Although TTEC Holdings investors may use each financial statement separately, they are all related. The changes in TTEC Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TTEC Holdings'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 TTEC Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TTEC Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.61  2.55 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in TTEC Stock

When determining whether TTEC Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TTEC Holdings' 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 Ttec Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ttec Holdings Stock:
Check out the analysis of TTEC Holdings Correlation against competitors.
For information on how to trade TTEC Stock refer to our How to Trade TTEC Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Data Processing & Outsourced Services 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 TTEC Holdings. If investors know TTEC 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 TTEC Holdings 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
(0.95)
Dividend Share
0.58
Earnings Share
(0.26)
Revenue Per Share
50.78
Quarterly Revenue Growth
(0.09)
The market value of TTEC Holdings is measured differently than its book value, which is the value of TTEC that is recorded on the company's balance sheet. Investors also form their own opinion of TTEC Holdings' value that differs from its market value or its book value, called intrinsic value, which is TTEC Holdings' 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 TTEC Holdings' market value can be influenced by many factors that don't directly affect TTEC Holdings' 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 TTEC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTEC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTEC Holdings' 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.