ACAST.ST
Price:
$32.4
Market Cap:
$5.87B
Acast AB (publ) operates a podcast marketplace worldwide. The company connects podcasters and advertisers through its podcast marketplace that offers reach to podcast listeners with host-front advertising campaigns, audio ads, and branded content. It allows advertisers to target an engaged audience of listeners through ad insertion; and offers podcasters a range of monetization opportunities and tools to expand their listener base. As of June 7, 2021, the company had approximately 28,000 hosted shows with approximately 3 billion listens. Acast AB (publ) was founded in 2014 and is headquartered in Stockholm, Sweden.
Industry
Entertainment
IPO Date
2021-06-17
Stock Exchange
STO
Ticker
ACAST.ST
According to Acast AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.75. This represents a change of -7.76% compared to the average of 1.90 of the last 4 quarters.
The mean historical Current Ratio of Acast AB (publ) over the last ten years is 3.11. The current 1.75 Current Ratio has changed 5.53% with respect to the historical average. Over the past ten years (40 quarters), ACAST.ST's Current Ratio was at its highest in in the June 2021 quarter at 6.18. The Current Ratio was at its lowest in in the December 2019 quarter at 0.
Average
3.11
Median
2.41
Minimum
2.20
Maximum
5.16
Discovering the peaks and valleys of Acast 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 = 114.21%
Maximum Annual Current Ratio = 5.16
Minimum Annual Increase = -50.56%
Minimum Annual Current Ratio = 2.20
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.20 | -4.35% |
| 2023 | 2.30 | -16.58% |
| 2022 | 2.75 | -46.64% |
| 2021 | 5.16 | 114.21% |
| 2020 | 2.41 | 5.14% |
| 2019 | 2.29 | -50.56% |
The current Current Ratio of Acast AB (publ) (ACAST.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
2.42
5-year avg
2.96
10-year avg
3.11
Acast AB (publ)’s Current Ratio is greater than Viaplay Group AB (publ) (1.34), greater than Bahnhof AB (publ) (1.29), greater than Ovzon AB (publ) (0.80), greater than Storytel AB (publ) (0.81), greater than Moment Group AB (0.58), greater than Bredband2 i Skandinavien AB (publ) (0.29), greater than Mavshack AB (publ) (0.12), greater than Goodbye Kansas Group AB (publ) (0.63), greater than Adtraction Group AB (1.31), greater than Eniro Group AB (publ) (0.94),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.34 | $4.11B | |
| 1.29 | $5.70B | |
| 0.80 | $3.78B | |
| 0.81 | $5.85B | |
| 0.58 | $120.00M | |
| 0.29 | $2.78B | |
| 0.12 | $1.65M | |
| 0.63 | $23.47M | |
| 1.31 | $461.68M | |
| 0.94 | $283.92M |
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