ABSO.ST
Price:
$221
Market Cap:
$2.50B
Absolent Air Care Group AB (publ) designs, develops, sells, installs, and maintains air filtration solutions. Its air purification solutions are used to capture air pollutants in a range of industries, including aerospace, automotive, chemical, electronics, pharmaceutical, woodworking, and food industries as well as in power generation, dental laboratories, hotels, and restaurants. The company's commercial kitchen systems comprising airborne particles and gases, hoods, filtration technologies, and fire extinguishing systems. It offers its products under the Absolent, Filtermist, Avani Environmental, Dustcheck, Diversitech, Kerstar, Aerofil, Airmaid, Jeven, Tessu Systems, and Quatro brands. T...[Read more]
Industry
Industrial - Machinery
IPO Date
2014-10-16
Stock Exchange
STO
Ticker
ABSO.ST
According to Absolent Air Care Group AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 2.66. This represents a change of -3.97% compared to the average of 2.77 of the last 4 quarters.
The mean historical Current Ratio of Absolent Air Care Group AB (publ) over the last ten years is 2.98. The current 2.66 Current Ratio has changed 8.83% with respect to the historical average. Over the past ten years (40 quarters), ABSO.ST's Current Ratio was at its highest in in the September 2020 quarter at 5.69. The Current Ratio was at its lowest in in the March 2023 quarter at 2.34.
Average
2.98
Median
2.63
Minimum
2.42
Maximum
5.43
Discovering the peaks and valleys of Absolent Air Care Group AB (publ) 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 = 119.14%
Maximum Annual Current Ratio = 5.43
Minimum Annual Increase = -51.97%
Minimum Annual Current Ratio = 2.42
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.95 | 11.41% |
| 2023 | 2.64 | 9.16% |
| 2022 | 2.42 | -7.12% |
| 2021 | 2.61 | -51.97% |
| 2020 | 5.43 | 119.14% |
| 2019 | 2.48 | -21.38% |
| 2018 | 3.15 | 24.36% |
| 2017 | 2.53 | -15.77% |
| 2016 | 3.01 | 16.89% |
| 2015 | 2.57 | 15.91% |
The current Current Ratio of Absolent Air Care Group AB (publ) (ABSO.ST) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.67
5-year avg
3.21
10-year avg
2.98
Absolent Air Care Group AB (publ)’s Current Ratio is greater than Green Landscaping Group AB (publ) (1.68), less than Intellego Technologies AB (4.25), greater than FM Mattsson Mora Group AB (publ) (2.15), greater than GomSpace Group AB (publ) (0.91), greater than Byggmax Group AB (publ) (0.84), less than CTT Systems AB (publ) (4.10), greater than Teqnion AB (publ) (1.88), greater than XANO Industri AB (publ) (1.80), less than PowerCell Sweden AB (publ) (3.14), greater than Elanders AB (publ) (1.13),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.68 | $2.57B | |
| 4.25 | $1.46B | |
| 2.15 | $2.80B | |
| 0.91 | $2.20B | |
| 0.84 | $3.05B | |
| 4.10 | $2.45B | |
| 1.88 | $3.09B | |
| 1.80 | $4.54B | |
| 3.14 | $1.84B | |
| 1.13 | $2.22B |
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 Absolent Air Care Group AB (publ) 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 Absolent Air Care Group AB (publ) 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 Absolent Air Care Group AB (publ)'s Current Ratio?
How is the Current Ratio calculated for Absolent Air Care Group AB (publ) (ABSO.ST)?
What is the highest Current Ratio for Absolent Air Care Group AB (publ) (ABSO.ST)?
What is the 3-year average Current Ratio for Absolent Air Care Group AB (publ) (ABSO.ST)?
What is the 5-year average Current Ratio for Absolent Air Care Group AB (publ) (ABSO.ST)?
How does the current Current Ratio for Absolent Air Care Group AB (publ) (ABSO.ST) compare to its historical average?