NETM-B.ST
Price:
$0.658
Market Cap:
$209.00M
Netmore Group AB (publ) provides communications solutions for properties. The company delivers and operates secure network solution to enable broadband services for tenants; provides connectivity solution for IoT devices. It also offers open access for 4G and 5G networks for properties; and sim cards. The company was founded in 2010 and is based in Stockholm, Sweden. Netmore Group AB (publ) is a subsidiary of Buildroid Invest AB.
Industry
Telecommunications Services
IPO Date
2017-07-14
Stock Exchange
STO
Ticker
NETM-B.ST
According to Netmore Group AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 2.09. This represents a change of 14.02% compared to the average of 1.83 of the last 4 quarters.
The mean historical Current Ratio of Netmore Group AB (publ) over the last ten years is 1.65. The current 2.09 Current Ratio has changed 12.60% with respect to the historical average. Over the past ten years (40 quarters), NETM-B.ST's Current Ratio was at its highest in in the September 2021 quarter at 3.95. The Current Ratio was at its lowest in in the September 2016 quarter at 0.
Average
1.65
Median
1.55
Minimum
0.38
Maximum
3.85
Discovering the peaks and valleys of Netmore Group 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 = 471.32%
Maximum Annual Current Ratio = 3.85
Minimum Annual Increase = -62.91%
Minimum Annual Current Ratio = 0.38
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 2.09 | -45.73% |
| 2021 | 3.85 | 148.35% |
| 2020 | 1.55 | -29.06% |
| 2019 | 2.19 | 471.32% |
| 2018 | 0.38 | -62.91% |
| 2017 | 1.03 | 139.90% |
The current Current Ratio of Netmore Group AB (publ) (NETM-B.ST) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.50
5-year avg
2.01
10-year avg
1.65
Netmore Group AB (publ)’s Current Ratio is greater than Speqta AB (publ) (0.69), greater than TH1NG AB (publ) (0.18), greater than Linkfire A/S (0.68), greater than Eniro Group AB (publ) (0.94), greater than Ayima Group AB (publ) (0.54), greater than Streamify AB (0.80),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.69 | $166.15M | |
| 0.18 | $9.18M | |
| 0.68 | $112.89M | |
| 0.94 | $276.64M | |
| 0.54 | $24.55M | |
| 0.80 | $3.65M |
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