NVT.WA
Price:
$95.6
Market Cap:
$239.00M
Novita S.A. engages in the manufacture and sale of nonwovens worldwide. The company offers spunlace and needlepunched; medical and hygiene; shoe and clothing; geononwovens; and private label, as well as other nonwovens, such as leathercraft and loudspeaker under the Unitex brand name. Its products are used in the personal hygiene, industrial, and household sectors, as well as in the medical, construction, and footwear industries. Novita S.A. also provides office and warehouse areas for rent. The company was incorporated in 2001 and is based in Zielona Góra, Poland. Novita S.A. is a subsidiary of Tebesa Sp. z o.o.
Industry
Apparel - Manufacturers
IPO Date
2000-11-17
Stock Exchange
WSE
Ticker
NVT.WA
According to Novita S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 2.51. This represents a change of 13.72% compared to the average of 2.20 of the last 4 quarters.
The mean historical Current Ratio of Novita S.A. over the last ten years is 2.54. The current 2.51 Current Ratio has changed 9.78% with respect to the historical average. Over the past ten years (40 quarters), NVT.WA's Current Ratio was at its highest in in the September 2017 quarter at 6.21. The Current Ratio was at its lowest in in the September 2018 quarter at 1.05.
Average
2.54
Median
2.13
Minimum
1.07
Maximum
5.70
Discovering the peaks and valleys of Novita S.A. 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 = 112.18%
Maximum Annual Current Ratio = 5.70
Minimum Annual Increase = -81.22%
Minimum Annual Current Ratio = 1.07
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.99 | -28.36% |
| 2023 | 2.77 | -5.24% |
| 2022 | 2.93 | 112.18% |
| 2021 | 1.38 | -13.77% |
| 2020 | 1.60 | 7.59% |
| 2019 | 1.49 | 38.79% |
| 2018 | 1.07 | -81.22% |
| 2017 | 5.70 | 36.41% |
| 2016 | 4.18 | 84.47% |
| 2015 | 2.27 | -61.98% |
The current Current Ratio of Novita S.A. (NVT.WA) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.56
5-year avg
2.13
10-year avg
2.54
Novita S.A.’s Current Ratio is greater than Wittchen S.A. (1.86), greater than AC Spólka Akcyjna (1.54), less than AS Silvano Fashion Group (10.72), less than Monnari Trade S.A. (3.94), greater than ESOTIQ & Henderson S.A. (1.26), greater than CDRL S.a. (1.39), greater than Less S.A. (0.11), greater than Amica S.A. (1.38), greater than Sanok Rubber Company Spólka Akcyjna (2.27), greater than Intersport Polska S.A. (0.27),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.86 | $282.64M | |
| 1.54 | $197.77M | |
| 10.72 | $174.60M | |
| 3.94 | $155.75M | |
| 1.26 | $63.72M | |
| 1.39 | $56.52M | |
| 0.11 | $34.76M | |
| 1.38 | $474.10M | |
| 2.27 | $502.60M | |
| 0.27 | $53.41M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Novita S.A. (NVT.WA)?
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