CCNTF
Price:
$18.5
Market Cap:
$8.54B
Concentric AB (publ) designs, develops, manufactures, and distributes solutions for engine and hydraulic applications in the worldwide. Its engine products include lubricant, coolant, and fuel transfer pumps uel pumps for medium and heavy-duty diesel engines, transmissions, and compressors. The company's hydraulic products comprise gear products including pumps, motors, power packs, and flow dividers for mobile equipment. Its products are used in trucks, industrial applications, construction equipment, and agricultural machinery markets. Concentric AB (publ) was founded in 1921 and is based in Linköping, Sweden.
Industry
Industrial - Machinery
IPO Date
2011-11-18
Stock Exchange
OTC
Ticker
CCNTF
According to Concentric AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.60. This represents a change of -0.47% compared to the average of 1.61 of the last 4 quarters.
The mean historical Current Ratio of Concentric AB (publ) over the last ten years is 1.89. The current 1.60 Current Ratio has changed 8.37% with respect to the historical average. Over the past ten years (40 quarters), CCNTF's Current Ratio was at its highest in in the September 2020 quarter at 2.42. The Current Ratio was at its lowest in in the December 2014 quarter at 1.19.
Average
1.89
Median
2.08
Minimum
1.19
Maximum
2.34
Discovering the peaks and valleys of Concentric 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 = 67.32%
Maximum Annual Current Ratio = 2.34
Minimum Annual Increase = -39.12%
Minimum Annual Current Ratio = 1.19
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.60 | 3.72% |
| 2022 | 1.55 | 12.73% |
| 2021 | 1.37 | -39.12% |
| 2020 | 2.25 | -2.87% |
| 2019 | 2.32 | -0.75% |
| 2018 | 2.34 | 8.00% |
| 2017 | 2.16 | -0.13% |
| 2016 | 2.17 | 9.11% |
| 2015 | 1.99 | 67.32% |
| 2014 | 1.19 | -28.25% |
The current Current Ratio of Concentric AB (publ) (CCNTF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.51
5-year avg
1.82
10-year avg
1.89
Concentric AB (publ)’s Current Ratio is less than Nilfisk Holding A/S (0), less than METAWATER Co., Ltd. (2.33), less than Senior plc (1.69), greater than Shenzhen Investment Holdings Bay Area Development Company Limited (0.42), greater than Mitsui E&S Holdings Co., Ltd. (1.25), less than Manitou BF S.A. (1.64), less than Héroux-Devtek Inc. (2.13), less than Tyman plc (1.64), less than Logistec Corporation (1.65), greater than Renewi plc (0.54),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $684.92M | |
| 2.33 | $537.46M | |
| 1.69 | $1.07B | |
| 0.42 | $708.79M | |
| 1.25 | $744.61M | |
| 1.64 | $956.41M | |
| 2.13 | $736.10M | |
| 1.64 | $644.64M | |
| 1.65 | $622.96M | |
| 0.54 | $754.36M |
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