ITECH.ST
Price:
$54.8
Market Cap:
$654.06M
I-Tech AB, a bio-technology company, develops and commercializes fouling prevention products in Sweden. The company offers Selektope, a bio-repellent ingredient for marine coatings that provide hard fouling prevention for ships. Selektope prevent barnacles from settling on coated surfaces by temporarily activating the swimming behaviour of barnacle larvae. It serves marine coatings industry. The company was founded in 2000 and is based in Mölndal, Sweden.
Industry
Biotechnology
IPO Date
2018-05-28
Stock Exchange
STO
Ticker
ITECH.ST
According to I-Tech AB’s latest financial reports and current stock price. The company's current Current Ratio is 7.67. This represents a change of -6.11% compared to the average of 8.17 of the last 4 quarters.
The mean historical Current Ratio of I-Tech AB over the last ten years is 5.43. The current 7.67 Current Ratio has changed 14.01% with respect to the historical average. Over the past ten years (40 quarters), ITECH.ST's Current Ratio was at its highest in in the September 2018 quarter at 11.67. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
5.43
Median
5.76
Minimum
1.98
Maximum
9.41
Discovering the peaks and valleys of I-Tech AB 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 = 136.45%
Maximum Annual Current Ratio = 9.41
Minimum Annual Increase = -33.20%
Minimum Annual Current Ratio = 1.98
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 9.41 | 38.42% |
| 2023 | 6.80 | -11.81% |
| 2022 | 7.71 | 17.88% |
| 2021 | 6.54 | 19.06% |
| 2020 | 5.49 | 13.26% |
| 2019 | 4.85 | -19.63% |
| 2018 | 6.03 | 136.45% |
| 2017 | 2.55 | 28.81% |
| 2016 | 1.98 | -33.20% |
The current Current Ratio of I-Tech AB (ITECH.ST) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
7.97
5-year avg
7.19
10-year avg
5.43
I-Tech AB’s Current Ratio is greater than Oncopeptides AB (publ) (3.42), greater than SynAct Pharma AB (3.28), greater than Xspray Pharma AB (publ) (6.72), less than Genovis AB (publ.) (10.78), greater than C-Rad AB (publ) (3.35), greater than Infant Bacterial Therapeutics AB (publ) (3.15), less than Diamyd Medical AB (publ) (10.64), greater than Cantargia AB (publ) (5.82), greater than Sedana Medical AB (publ) (4.16), greater than Orexo AB (publ) (1.43),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.42 | $1.11B | |
| 3.28 | $1.10B | |
| 6.72 | $1.14B | |
| 10.78 | $1.35B | |
| 3.35 | $1.02B | |
| 3.15 | $650.91M | |
| 10.64 | $1.30B | |
| 5.82 | $1.10B | |
| 4.16 | $1.05B | |
| 1.43 | $864.29M |
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