AVID
Price:
$27.045
Market Cap:
$1.19B
Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio pro...[Read more]
Industry
Electronic Gaming & Multimedia
IPO Date
1993-03-12
Stock Exchange
NASDAQ
Ticker
AVID
According to Avid Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.94. This represents a change of -5.00% compared to the average of 0.99 of the last 4 quarters.
The mean historical Current Ratio of Avid Technology, Inc. over the last ten years is 0.79. The current 0.94 Current Ratio has changed 11.76% with respect to the historical average. Over the past ten years (40 quarters), AVID's Current Ratio was at its highest in in the June 2020 quarter at 1.16. The Current Ratio was at its lowest in in the December 2015 quarter at 0.45.
Average
0.79
Median
0.82
Minimum
0.45
Maximum
1.14
Discovering the peaks and valleys of Avid Technology, Inc. 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 = 46.67%
Maximum Annual Current Ratio = 1.14
Minimum Annual Increase = -18.66%
Minimum Annual Current Ratio = 0.45
Year | Current Ratio | Change |
---|---|---|
2022 | 0.94 | 1.53% |
2021 | 0.92 | -18.66% |
2020 | 1.14 | 15.62% |
2019 | 0.98 | -6.13% |
2018 | 1.05 | 46.67% |
2017 | 0.71 | 12.54% |
2016 | 0.63 | 40.78% |
2015 | 0.45 | -8.57% |
2014 | 0.49 | -16.34% |
2013 | 0.59 | -17.20% |
The current Current Ratio of Avid Technology, Inc. (AVID) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.00
5-year avg
1.01
10-year avg
0.79
Avid Technology, Inc.’s Current Ratio is less than Infobird Co., Ltd (2.63), greater than HeartCore Enterprises, Inc. (0.91), less than Kubient, Inc. (6.48), less than Beamr Imaging Ltd. (17.77), less than T Stamp Inc. (2.32), less than American Software, Inc. (2.19), less than Alkami Technology, Inc. (2.75), less than Asure Software, Inc. (1.41), greater than Blackbaud, Inc. (0.73), less than Enfusion, Inc. (3.42), less than Paycor HCM, Inc. (1.12), less than AppFolio, Inc. (4.64), greater than Agilysys, Inc. (0), less than MiX Telematics Limited (1.34), less than Manhattan Associates, Inc. (1.12), greater than Bentley Systems, Incorporated (0.49), less than Paylocity Holding Corporation (3.33), less than ANSYS, Inc. (3.66), less than Eventbrite, Inc. (1.45), greater than Envestnet, Inc. (0.59), greater than Momentive Global Inc. (0.91),
Company | Current Ratio | Market cap |
---|---|---|
2.63 | $8.43M | |
0.91 | $11.66M | |
6.48 | $1.47K | |
17.77 | $49.19M | |
2.32 | $5.02M | |
2.19 | $388.51M | |
2.75 | $2.88B | |
1.41 | $252.53M | |
0.73 | $2.98B | |
3.42 | $1.02B | |
1.12 | $4.09B | |
4.64 | $8.04B | |
0 | $3.04B | |
1.34 | $322.44M | |
1.12 | $11.31B | |
0.49 | $14.81B | |
3.33 | $9.76B | |
3.66 | $29.45B | |
1.45 | $238.76M | |
0.59 | $3.49B | |
0.91 | $1.42B |
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What is the 3-year average Current Ratio for Avid Technology, Inc. (AVID)?
What is the 5-year average Current Ratio for Avid Technology, Inc. (AVID)?
How does the current Current Ratio for Avid Technology, Inc. (AVID) compare to its historical average?