ADVOF
Price:
$24.19
Market Cap:
$1.13B
ADVA Optical Networking SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators. The company also provides network virtualization products comprising ensemble connectors, orchestrators, and harmony...[Read more]
Industry
Communication Equipment
IPO Date
2010-04-05
Stock Exchange
OTC
Ticker
ADVOF
According to ADVA Optical Networking SE’s latest financial reports and current stock price. The company's current Current Ratio is 1.90. This represents a change of 20.08% compared to the average of 1.58 of the last 4 quarters.
The mean historical Current Ratio of ADVA Optical Networking SE over the last ten years is 1.87. The current 1.90 Current Ratio has changed 10.06% with respect to the historical average. Over the past ten years (40 quarters), ADVOF's Current Ratio was at its highest in in the September 2023 quarter at 2.46. The Current Ratio was at its lowest in in the March 2024 quarter at 0.
Average
1.87
Median
1.83
Minimum
1.26
Maximum
2.46
Discovering the peaks and valleys of ADVA Optical Networking SE 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 = 57.89%
Maximum Annual Current Ratio = 2.46
Minimum Annual Increase = -33.59%
Minimum Annual Current Ratio = 1.26
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.21 | -10.10% |
| 2023 | 2.46 | 57.89% |
| 2022 | 1.56 | -9.27% |
| 2021 | 1.72 | -9.42% |
| 2020 | 1.90 | 12.02% |
| 2019 | 1.69 | -4.25% |
| 2018 | 1.77 | 40.32% |
| 2017 | 1.26 | -33.59% |
| 2016 | 1.90 | -14.00% |
| 2015 | 2.20 | -3.71% |
The current Current Ratio of ADVA Optical Networking SE (ADVOF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.08
5-year avg
1.97
10-year avg
1.87
ADVA Optical Networking SE’s Current Ratio is less than u-blox Holding AG (3.34), greater than Jenoptik AG (1.62), less than Barco N.V. (2.49), greater than IPE Universal Inc. (0), less than Kraken Robotics Inc. (3.38), greater than Atos SE (1.47), greater than JVCKENWOOD Corporation (1.53), greater than ams-OSRAM AG (1.04), greater than Oki Electric Industry Co., Ltd. (1.38), greater than Atea ASA (0.90),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.34 | $1.25B | |
| 1.62 | $1.17B | |
| 2.49 | $1.22B | |
| 0 | $4.03B | |
| 3.38 | $1.32B | |
| 1.47 | $1.18B | |
| 1.53 | $1.11B | |
| 1.04 | $890.19M | |
| 1.38 | $1.02B | |
| 0.90 | $1.64B |
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What is the Current Ratio?
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