Wrap Current Ratio from 2010 to 2024

WRAP Stock  USD 1.36  0.03  2.16%   
Wrap Technologies Current Ratio yearly trend continues to be relatively stable with very little volatility. Current Ratio is likely to grow to 17.79 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
9.79
Current Value
17.79
Quarterly Volatility
8.76896035
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wrap Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wrap Technologies' main balance sheet or income statement drivers, such as Selling General Administrative of 9.8 M, Total Revenue of 9.6 M or Gross Profit of 5.1 M, as well as many indicators such as Price To Sales Ratio of 9.44, Dividend Yield of 0.0 or PTB Ratio of 2.81. Wrap financial statements analysis is a perfect complement when working with Wrap Technologies Valuation or Volatility modules.
  
Check out the analysis of Wrap Technologies Correlation against competitors.
To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.

Latest Wrap Technologies' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Wrap Technologies 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. Wrap Technologies' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wrap Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 12.76 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Wrap Current Ratio Regression Statistics

Arithmetic Mean10.72
Geometric Mean7.68
Coefficient Of Variation81.82
Mean Deviation7.31
Median8.51
Standard Deviation8.77
Sample Variance76.89
Range28.4652
R-Value0.58
Mean Square Error54.91
R-Squared0.34
Significance0.02
Slope1.14
Total Sum of Squares1,077

Wrap Current Ratio History

2024 17.79
2023 9.79
2022 8.51
2021 14.43
2020 20.05
2019 18.29
2018 31.8

About Wrap Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Wrap Technologies income statement, its balance sheet, and the statement of cash flows. Wrap Technologies investors use historical funamental indicators, such as Wrap Technologies's Current Ratio, to determine how well the company is positioned to perform in the future. Although Wrap Technologies investors may use each financial statement separately, they are all related. The changes in Wrap Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wrap Technologies'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 Wrap Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wrap Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 9.79  17.79 

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Additional Tools for Wrap Stock Analysis

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