Federated Hermes, Inc.

Federated Hermes, Inc.verified

FHI

Price:

$35.2

Market Cap:

$2.91B

Federated Hermes, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed in...[Read more]

Industry

Asset Management

IPO Date

1998-05-14

Stock Exchange

NYSE

Ticker

FHI

The Current Ratio as of September 2024 (TTM) for Federated Hermes, Inc. (FHI) is 2.75

According to Federated Hermes, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.75. This represents a change of -3.87% compared to the average of 2.86 of the last 4 quarters.

Federated Hermes, Inc. (FHI) Historical Current Ratio (quarterly & annually)

How has FHI Current Ratio performed in the past?

The mean historical Current Ratio of Federated Hermes, Inc. over the last ten years is 2.33. The current 2.75 Current Ratio has changed 11.67% with respect to the historical average. Over the past ten years (40 quarters), FHI's Current Ratio was at its highest in in the March 2018 quarter at 4.43. The Current Ratio was at its lowest in in the September 2018 quarter at 1.65.

Quarterly (TTM)
Annual

Average

2.33

Median

2.25

Minimum

1.68

Maximum

3.39

Federated Hermes, Inc. (FHI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Federated Hermes, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 53.33%

Maximum Annual Current Ratio = 3.39

Minimum Annual Increase = -50.54%

Minimum Annual Current Ratio = 1.68

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.51-0.83%
20222.5322.38%
20212.07-4.65%
20202.178.41%
20192.0019.12%
20181.68-50.54%
20173.3953.33%
20162.21-10.97%
20152.498.53%
20142.2944.61%

Federated Hermes, Inc. (FHI) Average Current Ratio

How has FHI Current Ratio performed in the past?

The current Current Ratio of Federated Hermes, Inc. (FHI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.37

5-year avg

2.25

10-year avg

2.33

Federated Hermes, Inc. (FHI) Current Ratio vs. Peers

How is FHI’s Current Ratio compared to its peers?

Federated Hermes, Inc.’s Current Ratio is less than Federated Hermes Premier Municipal Income Fund (4.36), greater than BlackRock MuniYield Fund, Inc. (0.30), greater than Diamond Hill Investment Group, Inc. (2.38), greater than NXG NextGen Infrastructure Income Fund (0), greater than BlackRock Municipal Income Fund, Inc. (0.03), greater than BlackRock MuniYield Quality Fund, Inc. (1.03), greater than BlackRock MuniYield Quality Fund III, Inc. (0.12), greater than BlackRock MuniHoldings Quality Fund II, Inc. (0.10), less than BlackRock MuniVest Fund, Inc. (0), greater than Nuveen Municipal Credit Opportunities Fund (1.56), less than Nuveen Preferred and Income Fund (3.29), greater than RiverNorth Flexible Municipal Income Fund, Inc. (2.30), greater than DWS Municipal Income Trust (0), greater than BlackRock MuniVest Fund II, Inc. (2.16), greater than MFS Municipal Income Trust (0.27), greater than null (0.05),

Build a custom stock screener for Federated Hermes, Inc. (FHI) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Federated Hermes, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Federated Hermes, Inc. (FHI) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Federated Hermes, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Federated Hermes, Inc.'s Current Ratio?

How is the Current Ratio calculated for Federated Hermes, Inc. (FHI)?

What is the highest Current Ratio for Federated Hermes, Inc. (FHI)?

What is the 3-year average Current Ratio for Federated Hermes, Inc. (FHI)?

What is the 5-year average Current Ratio for Federated Hermes, Inc. (FHI)?

How does the current Current Ratio for Federated Hermes, Inc. (FHI) compare to its historical average?