Assurant Current Ratio from 2010 to 2024

AIZ Stock  USD 168.57  0.42  0.25%   
Assurant Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average 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
4.46620923
Current Value
5.15
Quarterly Volatility
4.38665793
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Assurant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Assurant main balance sheet or income statement drivers, such as Interest Expense of 69.9 M, Selling General Administrative of 8.9 B or Total Revenue of 9.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0154 or PTB Ratio of 0.97. Assurant financial statements analysis is a perfect complement when working with Assurant Valuation or Volatility modules.
  
This module can also supplement Assurant's financial leverage analysis and stock options assessment as well as various Assurant Technical models . Check out the analysis of Assurant Correlation against competitors.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.

Latest Assurant's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Assurant 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. Assurant's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Assurant's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.44 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Assurant Current Ratio Regression Statistics

Arithmetic Mean2.70
Geometric Mean0.56
Coefficient Of Variation162.69
Mean Deviation2.97
Median0.12
Standard Deviation4.39
Sample Variance19.24
Range16.4973
R-Value(0.05)
Mean Square Error20.68
R-Squared0
Significance0.87
Slope(0.04)
Total Sum of Squares269.40

Assurant Current Ratio History

2024 5.15
2023 4.47
2022 2.41
2021 3.48
2020 1.53
2019 6.08
2018 0.0853

About Assurant Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Assurant income statement, its balance sheet, and the statement of cash flows. Assurant investors use historical funamental indicators, such as Assurant's Current Ratio, to determine how well the company is positioned to perform in the future. Although Assurant investors may use each financial statement separately, they are all related. The changes in Assurant's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Assurant'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 Assurant Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Assurant. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 4.47  5.15 

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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.
When determining whether Assurant offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Assurant'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 Assurant Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Assurant Stock:
Check out the analysis of Assurant Correlation against competitors.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Assurant's price analysis, check to measure Assurant'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 Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.
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Is Assurant's industry 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 Assurant. If investors know Assurant 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 Assurant 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
1.108
Dividend Share
2.84
Earnings Share
14.3
Revenue Per Share
213.641
Quarterly Revenue Growth
0.09
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant'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 Assurant's market value can be influenced by many factors that don't directly affect Assurant'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 Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant'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.