MGRC
Price:
$115.36
Market Cap:
$2.83B
McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable s...[Read more]
Industry
Rental & Leasing Services
IPO Date
1984-11-13
Stock Exchange
NASDAQ
Ticker
MGRC
According to McGrath RentCorp’s latest financial reports and current stock price. The company's current Current Ratio is 0.81. This represents a change of -26.79% compared to the average of 1.11 of the last 4 quarters.
The mean historical Current Ratio of McGrath RentCorp over the last ten years is 0.90. The current 0.81 Current Ratio has changed 8.87% with respect to the historical average. Over the past ten years (40 quarters), MGRC's Current Ratio was at its highest in in the December 2014 quarter at 1.43. The Current Ratio was at its lowest in in the March 2023 quarter at 0.56.
Average
0.90
Median
0.84
Minimum
0.79
Maximum
1.43
Discovering the peaks and valleys of McGrath RentCorp 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 = 40.03%
Maximum Annual Current Ratio = 1.43
Minimum Annual Increase = -30.71%
Minimum Annual Current Ratio = 0.79
Year | Current Ratio | Change |
---|---|---|
2023 | 0.82 | 4.22% |
2022 | 0.79 | -4.89% |
2021 | 0.83 | 2.27% |
2020 | 0.81 | 1.57% |
2019 | 0.79 | -8.84% |
2018 | 0.87 | 1.05% |
2017 | 0.86 | 2.13% |
2016 | 0.84 | -14.86% |
2015 | 0.99 | -30.71% |
2014 | 1.43 | 40.03% |
The current Current Ratio of McGrath RentCorp (MGRC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.81
5-year avg
0.81
10-year avg
0.90
McGrath RentCorp’s Current Ratio is less than Alta Equipment Group Inc. (1.37), less than GATX Corporation (3.24), less than Mega Matrix Corp. (2.83), less than FTAI Aviation Ltd. (3.91), less than Custom Truck One Source, Inc. (1.28), less than Herc Holdings Inc. (1.22), less than The Aaron's Company, Inc. (2.95), less than PROG Holdings, Inc. (8.04), less than H&E Equipment Services, Inc. (1.49),
Company | Current Ratio | Market cap |
---|---|---|
1.37 | $218.41M | |
3.24 | $4.91B | |
2.83 | $67.59M | |
3.91 | $14.91B | |
1.28 | $940.73M | |
1.22 | $5.97B | |
2.95 | $318.35M | |
8.04 | $1.83B | |
1.49 | $1.90B |
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