Wolverine Current Ratio from 2010 to 2024

WWW Stock  USD 12.92  0.18  1.37%   
Wolverine World Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.25 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
1.31
Current Value
1.25
Quarterly Volatility
1.70722409
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wolverine World financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wolverine World's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.4 M, Interest Expense of 60.3 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0356 or PTB Ratio of 1.84. Wolverine financial statements analysis is a perfect complement when working with Wolverine World Valuation or Volatility modules.
  
Check out the analysis of Wolverine World Correlation against competitors.

Latest Wolverine World's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Wolverine World Wide 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. Wolverine World's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wolverine World's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.17 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Wolverine Current Ratio Regression Statistics

Arithmetic Mean1.93
Geometric Mean1.57
Coefficient Of Variation88.54
Mean Deviation1.16
Median1.19
Standard Deviation1.71
Sample Variance2.91
Range6.0625
R-Value(0.57)
Mean Square Error2.11
R-Squared0.33
Significance0.03
Slope(0.22)
Total Sum of Squares40.80

Wolverine Current Ratio History

2024 1.25
2023 1.31
2022 1.14
2016 3.09
2012 1.19
2011 4.22
2010 7.2

About Wolverine World Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Wolverine World income statement, its balance sheet, and the statement of cash flows. Wolverine World investors use historical funamental indicators, such as Wolverine World's Current Ratio, to determine how well the company is positioned to perform in the future. Although Wolverine World investors may use each financial statement separately, they are all related. The changes in Wolverine World's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wolverine World'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 Wolverine World Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wolverine World. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.31  1.25 

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Additional Tools for Wolverine Stock Analysis

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