MIDS.ST
Price:
$1.3
Market Cap:
$438.57M
Midsummer AB (publ) develops and supplies equipment for manufacturing CIGS thin film solar cells in Sweden. It offers Duo, a fully automatic deposition system for CIGS solar cell manufacturing; UNO, a platform for CIGS and CZTS solar cells; and flexible and lightweight modules for PV applications in membrane roofs, portable power plants, marine installations, vehicle usage, landfill covers, or other infrastructure projects. The company is headquartered in Järfälla, Sweden.
Industry
Solar
IPO Date
2018-06-21
Stock Exchange
STO
Ticker
MIDS.ST
According to Midsummer AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of -10.21% compared to the average of 1.43 of the last 4 quarters.
The mean historical Current Ratio of Midsummer AB (publ) over the last ten years is 4.12. The current 1.28 Current Ratio has changed 3.01% with respect to the historical average. Over the past ten years (40 quarters), MIDS.ST's Current Ratio was at its highest in in the June 2019 quarter at 13.05. The Current Ratio was at its lowest in in the March 2023 quarter at 0.92.
Average
4.12
Median
2.98
Minimum
0.96
Maximum
8.45
Discovering the peaks and valleys of Midsummer 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 = 189.54%
Maximum Annual Current Ratio = 8.45
Minimum Annual Increase = -88.63%
Minimum Annual Current Ratio = 0.96
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.40 | -47.50% |
| 2023 | 2.67 | 177.54% |
| 2022 | 0.96 | -88.63% |
| 2021 | 8.45 | 18.13% |
| 2020 | 7.16 | -0.21% |
| 2019 | 7.17 | 28.75% |
| 2018 | 5.57 | 189.54% |
| 2017 | 1.92 | -25.97% |
| 2016 | 2.60 | -21.06% |
| 2015 | 3.29 | 75.55% |
The current Current Ratio of Midsummer AB (publ) (MIDS.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
1.68
5-year avg
4.13
10-year avg
4.12
Midsummer AB (publ)’s Current Ratio is
| Company | Current Ratio | Market cap |
|---|
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