Genesco Quick Ratio from 2010 to 2024

GCO Stock  USD 26.55  0.22  0.82%   
Genesco Quick Ratio yearly trend continues to be very stable with very little volatility. Quick Ratio is likely to grow to 0.41 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.27781759
Current Value
0.41293248
Quarterly Volatility
0.24583717
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genesco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genesco main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.7 M, Interest Expense of 4 M or Total Revenue of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0012 or PTB Ratio of 1.68. Genesco financial statements analysis is a perfect complement when working with Genesco Valuation or Volatility modules.
  
This module can also supplement Genesco's financial leverage analysis and stock options assessment as well as various Genesco Technical models . Check out the analysis of Genesco Correlation against competitors.
To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.

Latest Genesco's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Genesco over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Genesco's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genesco's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Genesco Quick Ratio Regression Statistics

Arithmetic Mean0.38
Geometric Mean0.35
Coefficient Of Variation64.52
Mean Deviation0.12
Median0.31
Standard Deviation0.25
Sample Variance0.06
Range0.9794
R-Value(0.48)
Mean Square Error0.05
R-Squared0.23
Significance0.07
Slope(0.03)
Total Sum of Squares0.85

Genesco Quick Ratio History

2024 0.41
2020 0.28
2014 0.31
2011 0.37
2010 1.26

About Genesco Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Genesco income statement, its balance sheet, and the statement of cash flows. Genesco investors use historical funamental indicators, such as Genesco's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Genesco investors may use each financial statement separately, they are all related. The changes in Genesco's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genesco'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 Genesco Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genesco. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.28  0.41 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genesco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genesco's short interest history, or implied volatility extrapolated from Genesco options trading.

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When determining whether Genesco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genesco'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 Genesco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genesco Stock:
Check out the analysis of Genesco Correlation against competitors.
To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.
Note that the Genesco information on this page should be used as a complementary analysis to other Genesco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Genesco's price analysis, check to measure Genesco'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 Genesco is operating at the current time. Most of Genesco's value examination focuses on studying past and present price action to predict the probability of Genesco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesco's price. Additionally, you may evaluate how the addition of Genesco to your portfolios can decrease your overall portfolio volatility.
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Is Genesco'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 Genesco. If investors know Genesco 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 Genesco 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
(0.23)
Earnings Share
(2.10)
Revenue Per Share
206.762
Quarterly Revenue Growth
0.019
Return On Assets
0.0073
The market value of Genesco is measured differently than its book value, which is the value of Genesco that is recorded on the company's balance sheet. Investors also form their own opinion of Genesco's value that differs from its market value or its book value, called intrinsic value, which is Genesco'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 Genesco's market value can be influenced by many factors that don't directly affect Genesco'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 Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco'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.