TX Rail Products Current Ratio Growth & History (TXRP)

TX Rail Products's current ratio was 1.06 for fiscal 2019.

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TX Rail Products annual current ratio history

TX Rail Products annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20192019-09-301.06−0.21−16.65%
20182018-09-301.280.27+26.96%
20172017-09-301.010.09+9.70%
20162016-09-300.92−0.28−23.09%
20152015-09-301.19−0.31−20.90%
20142014-09-301.510.44+41.10%
20132013-09-301.070.28+35.23%
20122012-09-300.790.79+72256.92%
20112011-09-300.00−0.00−49.56%
20102010-09-300.00

TX Rail Products current ratio trends

Over the last five fiscal years, TX Rail Products's current ratio decreased from 1.51 to 1.06, a change of −0.44. The latest reported quarter, Q4 2019, shows 1.06.

About the metric

What the current ratio means

The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.

Calculation and source

How the current ratio is calculated

TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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