CTEC.L
ConvaTec Group Plc operates as a global medical technology company, specializing in the creation, production, and worldwide distribution of a diverse array of healthcare products. Its offerings span critical areas, including advanced wound care, where it provides specialized dressings and skin care items for managing acute and chronic wounds that arise from conditions like diabetes, immobility, venous disease, traumatic injuries, burns, or surgical recovery. The company is also a key provider in ostomy care, delivering essential devices, accessories, and support services for individuals living with a stoma due to conditions such as colorectal cancer, inflammatory bowel disease, bladder cance...[Read more]
Industry
Medical - Instruments & Supplies
IPO Date
2016-10-26
Stock Exchange
LSE
Ticker
CTEC.L
According to ConvaTec Group Plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.93. This represents a change of 11.08% compared to the average of 1.74 of the last 4 quarters.
The mean historical Current Ratio of ConvaTec Group Plc over the last ten years is 2.09. The current 1.93 Current Ratio has changed 9.13% with respect to the historical average. Over the past ten years (40 quarters), CTEC.L's Current Ratio was at its highest in in the June 2017 quarter at 2.94. The Current Ratio was at its lowest in in the June 2022 quarter at 1.49.
Average
2.09
Median
2.12
Minimum
1.53
Maximum
2.73
Discovering the peaks and valleys of ConvaTec Group Plc 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 = 5.58%
Maximum Annual Current Ratio = 2.73
Minimum Annual Increase = -15.02%
Minimum Annual Current Ratio = 1.53
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.53 | -1.46% |
| 2024 | 1.55 | -4.53% |
| 2023 | 1.62 | -2.77% |
| 2022 | 1.67 | -14.52% |
| 2021 | 1.95 | -15.02% |
| 2020 | 2.30 | -5.78% |
| 2019 | 2.44 | -10.71% |
| 2018 | 2.73 | 5.58% |
| 2017 | 2.59 | 0.62% |
| 2016 | 2.57 | -3.09% |
The current Current Ratio of ConvaTec Group Plc (CTEC.L) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.57
5-year avg
1.66
10-year avg
2.09
ConvaTec Group Plc’s Current Ratio is less than Hikma Pharmaceuticals PLC (1.98), less than Tristel PLC (4.13), less than Advanced Medical Solutions Group plc (2.79), less than Cambridge Nutritional Sciences plc (3.40), less than BATM Advanced Communications Ltd. (1.95), greater than INSPECS Group plc (1.32), less than HUTCHMED (China) Limited (5.64), greater than Uniphar plc (0.97), greater than Spire Healthcare Group plc (0.63), less than EKF Diagnostics Holdings plc (4.16),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.98 | N/A | |
| 4.13 | N/A | |
| 2.79 | N/A | |
| 3.40 | N/A | |
| 1.95 | N/A | |
| 1.32 | N/A | |
| 5.64 | N/A | |
| 0.97 | N/A | |
| 0.63 | N/A | |
| 4.16 | N/A |
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What is the Current Ratio?
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