Public Current Ratio from 2010 to 2024

PEG Stock  USD 65.10  0.07  0.11%   
Public Service's Current Ratio is decreasing over the last several years with very volatile swings. Current Ratio is estimated to finish at 1.06 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
0.66699624
Current Value
1.06
Quarterly Volatility
2.28626347
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Public Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Public main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 495.8 M or Total Revenue of 9.4 B, as well as many exotic indicators such as Price To Sales Ratio of 2.85, Dividend Yield of 0.0504 or PTB Ratio of 1.54. Public financial statements analysis is a perfect complement when working with Public Service Valuation or Volatility modules.
  
This module can also supplement Public Service's financial leverage analysis and stock options assessment as well as various Public Service Technical models . Check out the analysis of Public Service Correlation against competitors.

Latest Public Service's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Public Service Enterprise 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. Public Service's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Public Service's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.60 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Public Current Ratio Regression Statistics

Arithmetic Mean1.75
Geometric Mean1.15
Coefficient Of Variation130.99
Mean Deviation1.47
Median0.98
Standard Deviation2.29
Sample Variance5.23
Range7.7464
R-Value(0.10)
Mean Square Error5.57
R-Squared0.01
Significance0.72
Slope(0.05)
Total Sum of Squares73.18

Public Current Ratio History

2024 1.06
2023 0.67
2021 0.88
2020 0.66
2019 0.64
2018 0.71
2017 6.11

About Public Service Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Public Service income statement, its balance sheet, and the statement of cash flows. Public Service investors use historical funamental indicators, such as Public Service's Current Ratio, to determine how well the company is positioned to perform in the future. Although Public Service investors may use each financial statement separately, they are all related. The changes in Public Service's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Public Service'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 Public Service Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Public Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.67  1.06 

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When determining whether Public Service Enterprise is a strong investment it is important to analyze Public Service's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Public Service's future performance. For an informed investment choice regarding Public Stock, refer to the following important reports:
Check out the analysis of Public Service Correlation against competitors.
Note that the Public Service Enterprise information on this page should be used as a complementary analysis to other Public Service'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Public Service's price analysis, check to measure Public Service'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 Public Service is operating at the current time. Most of Public Service's value examination focuses on studying past and present price action to predict the probability of Public Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Service's price. Additionally, you may evaluate how the addition of Public Service to your portfolios can decrease your overall portfolio volatility.
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Is Public Service'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 Public Service. If investors know Public 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 Public Service 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
(0.31)
Dividend Share
2.28
Earnings Share
5.13
Revenue Per Share
22.564
Quarterly Revenue Growth
(0.17)
The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service'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 Public Service's market value can be influenced by many factors that don't directly affect Public Service'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 Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service'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.