Formula One Group

Formula One Groupverified

FWONK

Price:

$94.34

Market Cap:

$29.35B

Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.[Read more]

Industry

Entertainment

IPO Date

2014-07-08

Stock Exchange

NASDAQ

Ticker

FWONK

The Current Ratio as of December 2024 (TTM) for Formula One Group (FWONK) is 2.89

According to Formula One Group’s latest financial reports and current stock price. The company's current Current Ratio is 2.89. This represents a change of 37.84% compared to the average of 2.10 of the last 4 quarters.

Formula One Group (FWONK) Historical Current Ratio (quarterly & annually)

How has FWONK Current Ratio performed in the past?

The mean historical Current Ratio of Formula One Group over the last ten years is 1.96. The current 2.89 Current Ratio has changed 14.62% with respect to the historical average. Over the past ten years (40 quarters), FWONK's Current Ratio was at its highest in in the June 2016 quarter at 8.63. The Current Ratio was at its lowest in in the March 2016 quarter at -4.47.

Quarterly (TTM)
Annual

Average

1.96

Median

1.79

Minimum

-0.78

Maximum

5.65

Formula One Group (FWONK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Formula One Group 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 = 103.91%

Maximum Annual Current Ratio = 5.65

Minimum Annual Increase = -821.65%

Minimum Annual Current Ratio = -0.78

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.17-10.48%
20222.4332.86%
20211.83-44.13%
20203.2786.33%
20191.76103.91%
20180.86-45.17%
20171.57-72.18%
20165.65-821.65%
2015-0.78-188.44%
20140.8812.50%

Formula One Group (FWONK) Average Current Ratio

How has FWONK Current Ratio performed in the past?

The current Current Ratio of Formula One Group (FWONK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.14

5-year avg

2.29

10-year avg

1.96

Formula One Group (FWONK) Current Ratio vs. Peers

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

Formula One Group’s Current Ratio is greater than The Liberty Braves Group (0.70), greater than News Corporation (1.38), greater than News Corporation (1.38), greater than The Liberty Braves Group (0.70), greater than Madison Square Garden Sports Corp. (0.41), less than Formula One Group (2.89), greater than The Liberty Braves Group (0.70), greater than Sphere Entertainment Co. (0.56), greater than The Marcus Corporation (0.54), greater than Warner Music Group Corp. (0.68), greater than Fox Corporation (2.59), greater than Fox Corporation (2.59),

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Frequently asked questions❓

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