Itron Quick Ratio from 2010 to 2024

ITRI Stock  USD 90.76  0.82  0.91%   
Itron's Quick Ratio is decreasing with very volatile movements from year to year. Quick Ratio is estimated to finish at 1.39 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
1.12775391
Current Value
1.39
Quarterly Volatility
0.15740922
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Itron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Itron main balance sheet or income statement drivers, such as Depreciation And Amortization of 73.8 M, Interest Expense of 7.9 M or Total Revenue of 1.4 B, as well as many exotic indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.11 or PTB Ratio of 2.09. Itron financial statements analysis is a perfect complement when working with Itron Valuation or Volatility modules.
  
This module can also supplement Itron's financial leverage analysis and stock options assessment as well as various Itron Technical models . Check out the analysis of Itron Correlation against competitors.

Latest Itron's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Itron Inc 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. Itron's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Itron's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

Itron Quick Ratio Regression Statistics

Arithmetic Mean1.07
Geometric Mean1.06
Coefficient Of Variation14.74
Mean Deviation0.12
Median1.05
Standard Deviation0.16
Sample Variance0.02
Range0.536
R-Value(0.04)
Mean Square Error0.03
R-Squared0
Significance0.88
Slope(0)
Total Sum of Squares0.35

Itron Quick Ratio History

2024 1.39
2022 0.97
2021 0.92
2020 1.05
2018 0.85
2017 1.13
2016 1.17

About Itron Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Itron income statement, its balance sheet, and the statement of cash flows. Itron investors use historical funamental indicators, such as Itron's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Itron investors may use each financial statement separately, they are all related. The changes in Itron's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Itron'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 Itron Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Itron. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.13  1.39 

Itron Investors Sentiment

The influence of Itron's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Itron. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Itron's public news can be used to forecast risks associated with an investment in Itron. The trend in average sentiment can be used to explain how an investor holding Itron can time the market purely based on public headlines and social activities around Itron Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Itron's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Itron's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Itron's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Itron.
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 Itron 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, Itron's short interest history, or implied volatility extrapolated from Itron options trading.

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When determining whether Itron Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itron'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 Itron Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itron Inc Stock:
Check out the analysis of Itron Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Itron's price analysis, check to measure Itron'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 Itron is operating at the current time. Most of Itron's value examination focuses on studying past and present price action to predict the probability of Itron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itron's price. Additionally, you may evaluate how the addition of Itron to your portfolios can decrease your overall portfolio volatility.
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Is Itron'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 Itron. If investors know Itron 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 Itron 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
0.969
Earnings Share
2.11
Revenue Per Share
47.855
Quarterly Revenue Growth
0.235
Return On Assets
0.0429
The market value of Itron Inc is measured differently than its book value, which is the value of Itron that is recorded on the company's balance sheet. Investors also form their own opinion of Itron's value that differs from its market value or its book value, called intrinsic value, which is Itron'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 Itron's market value can be influenced by many factors that don't directly affect Itron'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 Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itron'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.