National Current Ratio from 2010 to 2024

NCMI Stock  USD 4.52  0.02  0.44%   
National CineMedia's Current Ratio is increasing with slightly volatile movements from year to year. Current Ratio is estimated to finish at 4.20 this year. 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
3.998
Current Value
4.2
Quarterly Volatility
0.91049865
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National CineMedia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National main balance sheet or income statement drivers, such as Interest Expense of 51 M, Selling General Administrative of 36.3 M or Total Revenue of 268.2 M, as well as many exotic indicators such as Price To Sales Ratio of 2.15, Dividend Yield of 0.12 or Days Sales Outstanding of 95.28. National financial statements analysis is a perfect complement when working with National CineMedia Valuation or Volatility modules.
  
This module can also supplement National CineMedia's financial leverage analysis and stock options assessment as well as various National CineMedia Technical models . Check out the analysis of National CineMedia Correlation against competitors.
For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.

Latest National CineMedia's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of National CineMedia 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. National CineMedia's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National CineMedia's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.51 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

National Current Ratio Regression Statistics

Arithmetic Mean2.43
Geometric Mean2.29
Coefficient Of Variation37.51
Mean Deviation0.67
Median2.13
Standard Deviation0.91
Sample Variance0.83
Range2.5918
R-Value0.77
Mean Square Error0.37
R-Squared0.59
Significance0.0008
Slope0.16
Total Sum of Squares11.61

National Current Ratio History

2024 4.2
2020 4.0
2019 2.46
2016 2.13
2015 1.68
2011 1.61
2010 2.33

About National CineMedia Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include National CineMedia income statement, its balance sheet, and the statement of cash flows. National CineMedia investors use historical funamental indicators, such as National CineMedia's Current Ratio, to determine how well the company is positioned to perform in the future. Although National CineMedia investors may use each financial statement separately, they are all related. The changes in National CineMedia's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National CineMedia'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 National CineMedia Financial Statements. Understanding these patterns can help to make the right decision on long term investment in National CineMedia. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 4.00  4.20 

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When determining whether National CineMedia offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National CineMedia'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 National Cinemedia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Cinemedia Stock:
Check out the analysis of National CineMedia Correlation against competitors.
For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running National CineMedia's price analysis, check to measure National CineMedia'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 National CineMedia is operating at the current time. Most of National CineMedia's value examination focuses on studying past and present price action to predict the probability of National CineMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National CineMedia's price. Additionally, you may evaluate how the addition of National CineMedia to your portfolios can decrease your overall portfolio volatility.
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Is National CineMedia'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 National CineMedia. If investors know National 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 National CineMedia 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
(0.67)
Earnings Share
14.34
Revenue Per Share
3.45
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.03)
The market value of National CineMedia is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National CineMedia's value that differs from its market value or its book value, called intrinsic value, which is National CineMedia'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 National CineMedia's market value can be influenced by many factors that don't directly affect National CineMedia'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 National CineMedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if National CineMedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National CineMedia'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.