Willscot Current Ratio from 2010 to 2024

WSC Stock  USD 38.50  0.34  0.88%   
Willscot Mobile's Current Ratio is decreasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 0.96. 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
1.0125903
Current Value
0.96
Quarterly Volatility
3.27725636
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Willscot Mobile financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Willscot Mobile's main balance sheet or income statement drivers, such as Interest Expense of 109.3 M, Selling General Administrative of 332.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.0 or PTB Ratio of 7.36. Willscot financial statements analysis is a perfect complement when working with Willscot Mobile Valuation or Volatility modules.
  
Check out the analysis of Willscot Mobile Correlation against competitors.

Latest Willscot Mobile's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Willscot Mobile Mini 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. Willscot Mobile's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Willscot Mobile's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.90 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Willscot Current Ratio Regression Statistics

Arithmetic Mean3.75
Geometric Mean2.35
Coefficient Of Variation87.44
Mean Deviation3.04
Median1.01
Standard Deviation3.28
Sample Variance10.74
Range6.7312
R-Value(0.88)
Mean Square Error2.61
R-Squared0.77
Significance0.000015
Slope(0.65)
Total Sum of Squares150.37

Willscot Current Ratio History

2024 0.96
2023 1.01
2020 0.93
2019 0.91
2018 0.95
2017 0.82
2016 3.46

About Willscot Mobile Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Willscot Mobile income statement, its balance sheet, and the statement of cash flows. Willscot Mobile investors use historical funamental indicators, such as Willscot Mobile's Current Ratio, to determine how well the company is positioned to perform in the future. Although Willscot Mobile investors may use each financial statement separately, they are all related. The changes in Willscot Mobile's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Willscot Mobile'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 Willscot Mobile Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Willscot Mobile. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.01  0.96 

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 Willscot Stock

When determining whether Willscot Mobile Mini offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Willscot Mobile'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 Willscot Mobile Mini Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Willscot Mobile Mini Stock:
Check out the analysis of Willscot Mobile Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Construction & Engineering 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 Willscot Mobile. If investors know Willscot 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 Willscot Mobile 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
(0.71)
Earnings Share
1.62
Revenue Per Share
12.266
Quarterly Revenue Growth
0.038
Return On Assets
0.0666
The market value of Willscot Mobile Mini is measured differently than its book value, which is the value of Willscot that is recorded on the company's balance sheet. Investors also form their own opinion of Willscot Mobile's value that differs from its market value or its book value, called intrinsic value, which is Willscot Mobile'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 Willscot Mobile's market value can be influenced by many factors that don't directly affect Willscot Mobile'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 Willscot Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Willscot Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willscot Mobile'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.