ERIC
Price:
$11.38
Market Cap:
$364.84B
Telefonaktiebolaget LM Ericsson (publ), along with its various subsidiaries, operates as a global supplier of communication infrastructure, software, and service solutions, primarily serving the telecommunications industry and other diverse sectors. The company's business is organized into four distinct segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks division focuses on delivering cutting-edge radio access network (RAN) solutions for a wide array of network spectrums, encompassing robust integrated hardware and software, complete antenna and transport systems, and a full spectrum of services for network setup and ongoing maintenance. Digi...[Read more]
Industry
Communication Equipment
IPO Date
1981-08-24
Stock Exchange
NASDAQ
Ticker
ERIC
According to Telefonaktiebolaget LM Ericsson (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.12. This represents a change of -4.08% compared to the average of 1.17 of the last 4 quarters.
The mean historical Current Ratio of Telefonaktiebolaget LM Ericsson (publ) over the last ten years is 1.38. The current 1.12 Current Ratio has changed 8.05% with respect to the historical average. Over the past ten years (40 quarters), ERIC's Current Ratio was at its highest in in the September 2016 quarter at 2.02. The Current Ratio was at its lowest in in the June 2025 quarter at 1.09.
Average
1.38
Median
1.31
Minimum
1.17
Maximum
1.85
Discovering the peaks and valleys of Telefonaktiebolaget LM Ericsson (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 = 10.59%
Maximum Annual Current Ratio = 1.85
Minimum Annual Increase = -14.77%
Minimum Annual Current Ratio = 1.17
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.29 | 10.59% |
| 2024 | 1.17 | -2.31% |
| 2023 | 1.20 | 0.35% |
| 2022 | 1.19 | -13.32% |
| 2021 | 1.38 | 5.08% |
| 2020 | 1.31 | -0.55% |
| 2019 | 1.32 | -9.33% |
| 2018 | 1.45 | -8.41% |
| 2017 | 1.59 | -14.47% |
| 2016 | 1.85 | -14.77% |
The current Current Ratio of Telefonaktiebolaget LM Ericsson (publ) (ERIC) 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
1.22
5-year avg
1.25
10-year avg
1.38
Telefonaktiebolaget LM Ericsson (publ)’s Current Ratio is greater than Hewlett Packard Enterprise Company (1.09), less than Nokia Oyj (1.57), greater than Fiserv, Inc. (1.06), less than Cognizant Technology Solutions Corporation (2.23), less than Credo Technology Group Holding Ltd (10.15), less than ASE Technology Holding Co., Ltd. (1.15), less than Ciena Corporation (2.73), less than Keysight Technologies, Inc. (1.90), less than Microchip Technology Incorporated (2.09), less than Wipro Limited (2.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.09 | $62.78B | |
| 1.57 | $72.86B | |
| 1.06 | $34.31B | |
| 2.23 | $20.71B | |
| 10.15 | $50.69B | |
| 1.15 | $88.99B | |
| 2.73 | $60.62B | |
| 1.90 | $62.15B | |
| 2.09 | $54.08B | |
| 2.04 | $25.07B |
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