MRRLF
Price:
$4.71
Market Cap:
$3.08B
Marel hf. develops, manufactures, sells, and distributes processing equipment, systems, software, and services for poultry, meat, and fish industries. The company's Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks. Its Meat Processing segment provides processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for farmed and wild salmon and whitefish processing. It sells in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company was founded in 1977 and is based in Garðabær, Iceland.
Industry
Industrial - Machinery
IPO Date
2022-01-19
Stock Exchange
OTC
Ticker
MRRLF
According to Marel hf.’s latest financial reports and current stock price. The company's current Current Ratio is 1.36. This represents a change of 4.92% compared to the average of 1.30 of the last 4 quarters.
The mean historical Current Ratio of Marel hf. over the last ten years is 1.12. The current 1.36 Current Ratio has changed 12.02% with respect to the historical average. Over the past ten years (40 quarters), MRRLF's Current Ratio was at its highest in in the March 2020 quarter at 2.21. The Current Ratio was at its lowest in in the March 2018 quarter at 0.78.
Average
1.12
Median
1.09
Minimum
0.84
Maximum
1.52
Discovering the peaks and valleys of Marel hf. 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 = 67.84%
Maximum Annual Current Ratio = 1.52
Minimum Annual Increase = -30.12%
Minimum Annual Current Ratio = 0.84
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.26 | 16.23% |
| 2022 | 1.08 | 0.30% |
| 2021 | 1.08 | -1.26% |
| 2020 | 1.09 | -28.49% |
| 2019 | 1.52 | 67.84% |
| 2018 | 0.91 | 8.02% |
| 2017 | 0.84 | -12.72% |
| 2016 | 0.96 | -30.12% |
| 2015 | 1.38 | 23.48% |
| 2014 | 1.12 | -12.42% |
The current Current Ratio of Marel hf. (MRRLF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.14
5-year avg
1.21
10-year avg
1.12
Marel hf.’s Current Ratio is greater than KUKA AG (1.26), less than ATS Corporation (1.62), less than Amada Co., Ltd. (3.62), greater than FLSmidth & Co. A/S (1.11), less than SFS Group AG (2.79), less than Sohgo Security Services Co.,Ltd. (2.33), greater than Sulzer Ltd (1.23), less than Sixt SE (2.73), greater than Odakyu Electric Railway Co., Ltd. (0.43), less than Hafnia Limited (1.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.26 | $3.10B | |
| 1.62 | $4.06B | |
| 3.62 | $3.04B | |
| 1.11 | $4.12B | |
| 2.79 | $4.38B | |
| 2.33 | $3.74B | |
| 1.23 | $2.23B | |
| 2.73 | $3.94B | |
| 0.43 | $3.94B | |
| 1.41 | $4.02B |
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