GRNG.ST
Price:
$137.9
Market Cap:
$14.66B
Gränges AB (publ) develops, produces, and distributes rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Europe, Asia, and the Americas. The company offers clad tubes and fins, unclad fins, and clad plates. It serves various markets, including automotive; heating, ventilation, and air conditioning; specialty packaging; battery; and transformers, heat exchangers, and wind turbines. The company was founded in 1896 and is headquartered in Stockholm, Sweden.
Industry
Aluminum
IPO Date
2014-10-10
Stock Exchange
STO
Ticker
GRNG.ST
According to Gränges AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of -1.96% compared to the average of 1.33 of the last 4 quarters.
The mean historical Current Ratio of Gränges AB (publ) over the last ten years is 1.73. The current 1.30 Current Ratio has changed 7.41% with respect to the historical average. Over the past ten years (40 quarters), GRNG.ST's Current Ratio was at its highest in in the December 2015 quarter at 2.85. The Current Ratio was at its lowest in in the March 2021 quarter at 1.23.
Average
1.73
Median
1.58
Minimum
1.25
Maximum
2.85
Discovering the peaks and valleys of Gränges 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 = 35.53%
Maximum Annual Current Ratio = 2.85
Minimum Annual Increase = -24.25%
Minimum Annual Current Ratio = 1.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.25 | -18.29% |
| 2023 | 1.53 | 2.70% |
| 2022 | 1.49 | 11.19% |
| 2021 | 1.34 | 3.00% |
| 2020 | 1.30 | -19.40% |
| 2019 | 1.62 | -10.16% |
| 2018 | 1.80 | -8.24% |
| 2017 | 1.96 | -8.90% |
| 2016 | 2.16 | -24.25% |
| 2015 | 2.85 | 35.53% |
The current Current Ratio of Gränges AB (publ) (GRNG.ST) 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
1.43
5-year avg
1.39
10-year avg
1.73
Gränges AB (publ)’s Current Ratio is less than Alleima AB (publ) (2.98), less than BillerudKorsnäs AB (publ) (1.38), greater than HEXPOL AB (publ) (0.90), less than Arla Plast AB (2.84), greater than Botnia Gold AB (publ) (1.14), less than BE Group AB (publ) (1.73), less than Rottneros AB (publ) (1.99), greater than Lucara Diamond Corp. (0.37), less than Svenska Aerogel Holding AB (publ) (2.80), less than First Nordic Metals Corp. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.98 | $20.75B | |
| 1.38 | $22.88B | |
| 0.90 | $28.43B | |
| 2.84 | $973.47M | |
| 1.14 | $434.57M | |
| 1.73 | $376.67M | |
| 1.99 | $730.25M | |
| 0.37 | $568.41M | |
| 2.80 | $31.25M | |
| 0 | $936.96M |
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