9972.T
Price:
$289
Market Cap:
$3.98B
Altech Co., Ltd., a trading company, provides machines and equipment. It offers printing machines and film laminators; converting equipment for producing various types of plastic and laminate tubes; synthetic resin and rubber processing equipment; and food, medicines, medical care, cosmetics, and water treatment equipment. The company also provides various systems and solutions, such as ultrasonic sprays, photonic sintering system, and other solutions for thin film deposition, coating, curing, sintering, inspection, and evaluation processes; solutions for ID card and passport manufacturing, EMVCo credit card payment, and wireless charging, as well as hardware security evaluating solutions; a...[Read more]
Industry
Industrial - Machinery
IPO Date
2001-01-01
Stock Exchange
JPX
Ticker
9972.T
According to Altech Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.82. This represents a change of 1.26% compared to the average of 1.80 of the last 4 quarters.
The mean historical Current Ratio of Altech Co., Ltd. over the last ten years is 2.04. The current 1.82 Current Ratio has changed 8.81% with respect to the historical average. Over the past ten years (40 quarters), 9972.T's Current Ratio was at its highest in in the November 2019 quarter at 2.73. The Current Ratio was at its lowest in in the February 2024 quarter at 1.47.
Average
2.04
Median
2.01
Minimum
1.57
Maximum
2.73
Discovering the peaks and valleys of Altech Co., Ltd. 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 = 21.73%
Maximum Annual Current Ratio = 2.73
Minimum Annual Increase = -19.14%
Minimum Annual Current Ratio = 1.57
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.77 | 13.04% |
| 2023 | 1.57 | -18.95% |
| 2022 | 1.93 | 7.07% |
| 2021 | 1.80 | -18.27% |
| 2020 | 2.21 | -19.14% |
| 2019 | 2.73 | 21.73% |
| 2018 | 2.24 | 10.87% |
| 2017 | 2.02 | 1.06% |
| 2016 | 2.00 | -7.77% |
| 2015 | 2.17 | 21.12% |
The current Current Ratio of Altech Co., Ltd. (9972.T) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.76
5-year avg
1.86
10-year avg
2.04
Altech Co., Ltd.’s Current Ratio is less than Meiji Machine Co., Ltd. (2.02), less than Unozawa-gumi Iron Works, Limited (3.03), less than Kikuchi Seisakusho Co., Ltd. (4.18), less than Placo Co., Ltd. (4.47), less than CONVUM Ltd. (15.96), less than Tokuden Co., Ltd. (3.06), less than Tokyo Kikai Seisakusho, Ltd. (3.06), less than Nichidai Corporation (2.43), less than Nitchitsu Co., Ltd. (2.21), greater than ENSHU Limited (1.58),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.02 | $3.49B | |
| 3.03 | $4.40B | |
| 4.18 | $7.26B | |
| 4.47 | $3.58B | |
| 15.96 | $3.57B | |
| 3.06 | $5.09B | |
| 3.06 | $3.60B | |
| 2.43 | $3.01B | |
| 2.21 | $4.48B | |
| 1.58 | $3.29B |
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 Altech Co., Ltd. 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:
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.
The easiest way to analyze a company like Altech Co., Ltd. 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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Altech Co., Ltd.'s Current Ratio?
How is the Current Ratio calculated for Altech Co., Ltd. (9972.T)?
What is the highest Current Ratio for Altech Co., Ltd. (9972.T)?
What is the 3-year average Current Ratio for Altech Co., Ltd. (9972.T)?
What is the 5-year average Current Ratio for Altech Co., Ltd. (9972.T)?
How does the current Current Ratio for Altech Co., Ltd. (9972.T) compare to its historical average?