Gatx Corporation Stock Current Ratio

GATX Stock  USD 129.98  1.94  1.52%   
GATX Corporation fundamentals help investors to digest information that contributes to GATX's financial success or failures. It also enables traders to predict the movement of GATX Stock. The fundamental analysis module provides a way to measure GATX's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to GATX stock.
Last ReportedProjected for Next Year
Current Ratio 0.82  0.78 
Current Ratio is likely to drop to 0.78 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

GATX Corporation Company Current Ratio Analysis

GATX's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current GATX Current Ratio

    
  3.87 X  
Most of GATX's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GATX Corporation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

GATX Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for GATX is extremely important. It helps to project a fair market value of GATX Stock properly, considering its historical fundamentals such as Current Ratio. Since GATX's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of GATX's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of GATX's interrelated accounts and indicators.
0.960.870.81-0.811.0-0.340.090.80.70.830.75-0.850.480.27-0.26-0.640.870.840.31-0.61-0.76-0.640.780.52-0.090.05
0.960.850.81-0.830.94-0.42-0.020.710.710.770.72-0.870.460.19-0.31-0.660.890.740.24-0.58-0.78-0.650.680.42-0.25-0.03
0.870.850.78-0.760.87-0.360.150.690.480.860.62-0.820.250.26-0.17-0.420.830.780.55-0.68-0.78-0.690.740.48-0.150.12
0.810.810.78-0.90.8-0.410.310.640.610.740.68-0.960.470.39-0.34-0.570.90.820.24-0.8-0.94-0.820.730.53-0.320.53
-0.81-0.83-0.76-0.9-0.790.620.01-0.63-0.8-0.58-0.60.95-0.45-0.250.460.78-0.74-0.6-0.210.810.850.84-0.48-0.270.35-0.25
1.00.940.870.8-0.79-0.310.120.810.690.840.75-0.830.480.29-0.24-0.620.850.850.33-0.61-0.74-0.620.80.54-0.040.07
-0.34-0.42-0.36-0.410.62-0.310.2-0.35-0.45-0.18-0.230.51-0.02-0.150.440.49-0.28-0.08-0.330.350.40.580.020.090.550.1
0.09-0.020.150.310.010.120.20.31-0.070.230.16-0.070.380.55-0.150.130.270.550.22-0.08-0.12-0.070.490.760.190.72
0.80.710.690.64-0.630.81-0.350.310.710.580.6-0.590.620.42-0.3-0.660.60.720.56-0.47-0.47-0.440.640.410.050.2
0.70.710.480.61-0.80.69-0.45-0.070.710.220.52-0.640.790.26-0.56-0.990.440.390.07-0.5-0.45-0.40.240.14-0.130.06
0.830.770.860.74-0.580.84-0.180.230.580.220.63-0.750.060.270.05-0.140.890.90.45-0.59-0.78-0.70.920.63-0.040.19
0.750.720.620.68-0.60.75-0.230.160.60.520.63-0.650.470.32-0.16-0.50.70.670.31-0.26-0.66-0.390.720.470.00.26
-0.85-0.87-0.82-0.960.95-0.830.51-0.07-0.59-0.64-0.75-0.65-0.34-0.250.310.6-0.88-0.73-0.210.820.970.87-0.66-0.380.4-0.32
0.480.460.250.47-0.450.48-0.020.380.620.790.060.47-0.340.41-0.52-0.760.340.42-0.01-0.21-0.21-0.040.280.390.10.33
0.270.190.260.39-0.250.29-0.150.550.420.260.270.32-0.250.410.0-0.150.290.480.51-0.16-0.19-0.260.390.590.310.49
-0.26-0.31-0.17-0.340.46-0.240.44-0.15-0.3-0.560.05-0.160.31-0.520.00.62-0.19-0.130.010.30.170.280.08-0.220.27-0.11
-0.64-0.66-0.42-0.570.78-0.620.490.13-0.66-0.99-0.14-0.50.6-0.76-0.150.62-0.37-0.29-0.040.470.420.37-0.15-0.040.2-0.04
0.870.890.830.9-0.740.85-0.280.270.60.440.890.7-0.880.340.29-0.19-0.370.890.25-0.63-0.89-0.730.850.61-0.260.3
0.840.740.780.82-0.60.85-0.080.550.720.390.90.67-0.730.420.48-0.13-0.290.890.37-0.57-0.73-0.610.960.820.050.44
0.310.240.550.24-0.210.33-0.330.220.560.070.450.31-0.21-0.010.510.01-0.040.250.37-0.2-0.17-0.30.360.250.220.12
-0.61-0.58-0.68-0.80.81-0.610.35-0.08-0.47-0.5-0.59-0.260.82-0.21-0.160.30.47-0.63-0.57-0.20.790.84-0.46-0.250.27-0.42
-0.76-0.78-0.78-0.940.85-0.740.4-0.12-0.47-0.45-0.78-0.660.97-0.21-0.190.170.42-0.89-0.73-0.170.790.83-0.7-0.380.43-0.42
-0.64-0.65-0.69-0.820.84-0.620.58-0.07-0.44-0.4-0.7-0.390.87-0.04-0.260.280.37-0.73-0.61-0.30.840.83-0.52-0.340.34-0.31
0.780.680.740.73-0.480.80.020.490.640.240.920.72-0.660.280.390.08-0.150.850.960.36-0.46-0.7-0.520.750.10.4
0.520.420.480.53-0.270.540.090.760.410.140.630.47-0.380.390.59-0.22-0.040.610.820.25-0.25-0.38-0.340.750.230.44
-0.09-0.25-0.15-0.320.35-0.040.550.190.05-0.13-0.040.00.40.10.310.270.2-0.260.050.220.270.430.340.10.23-0.01
0.05-0.030.120.53-0.250.070.10.720.20.060.190.26-0.320.330.49-0.11-0.040.30.440.12-0.42-0.42-0.310.40.44-0.01
Click cells to compare fundamentals

GATX Current Ratio Historical Pattern

Today, most investors in GATX Stock are looking for potential investment opportunities by analyzing not only static indicators but also various GATX's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of GATX current ratio as a starting point in their analysis.
   GATX Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

GATX Discontinued Operations

Discontinued Operations

1.2 Million

At this time, GATX's Discontinued Operations is fairly stable compared to the past year.
In accordance with the recently published financial statements, GATX Corporation has a Current Ratio of 3.87 times. This is 87.86% higher than that of the Trading Companies & Distributors sector and 8.1% higher than that of the Industrials industry. The current ratio for all United States stocks is 79.17% lower than that of the firm.

GATX Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GATX's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GATX could also be used in its relative valuation, which is a method of valuing GATX by comparing valuation metrics of similar companies.
GATX is currently under evaluation in current ratio category among related companies.

GATX Fundamentals

About GATX Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GATX Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GATX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GATX Corporation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether GATX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GATX'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 Gatx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gatx Corporation Stock:
Check out GATX Piotroski F Score and GATX Altman Z Score analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for GATX Stock analysis

When running GATX's price analysis, check to measure GATX'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 GATX is operating at the current time. Most of GATX's value examination focuses on studying past and present price action to predict the probability of GATX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GATX's price. Additionally, you may evaluate how the addition of GATX to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Is GATX'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 GATX. If investors know GATX 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 GATX 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
0.331
Dividend Share
2.2
Earnings Share
7.12
Revenue Per Share
39.521
Quarterly Revenue Growth
0.143
The market value of GATX is measured differently than its book value, which is the value of GATX that is recorded on the company's balance sheet. Investors also form their own opinion of GATX's value that differs from its market value or its book value, called intrinsic value, which is GATX'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 GATX's market value can be influenced by many factors that don't directly affect GATX'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 GATX's value and its price as these two are different measures arrived at by different means. Investors typically determine if GATX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GATX'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.