VINCIT.HE
Price:
$1.335
Market Cap:
$22.29M
Vincit Oyj provides service design and software development services in Finland. Its service design and software development services include e-commerce and web application, product experience management, cloud platforms, mobile applications, IoT solutions and embedded, medical and well-being, and agile solutions. It also provides digital platform and lifecycle services, such as monitoring and maintenance, application lifecycle management and development, cloud capacity and DevOps, and integration platform solutions, as well as security, architecture, and code audits solutions. The company was formerly known as Vincit Group Oyj and changed its name to Vincit Oyj in May 2018. Vincit Oyj was i...[Read more]
Industry
Software - Application
IPO Date
2016-10-17
Stock Exchange
HEL
Ticker
VINCIT.HE
According to Vincit Oyj’s latest financial reports and current stock price. The company's current Current Ratio is 1.20. This represents a change of -18.64% compared to the average of 1.48 of the last 4 quarters.
The mean historical Current Ratio of Vincit Oyj over the last ten years is 1.83. The current 1.20 Current Ratio has changed 6.50% with respect to the historical average. Over the past ten years (40 quarters), VINCIT.HE's Current Ratio was at its highest in in the June 2018 quarter at 2.46. The Current Ratio was at its lowest in in the March 2023 quarter at 0.53.
Average
1.83
Median
1.74
Minimum
1.45
Maximum
2.44
Discovering the peaks and valleys of Vincit Oyj 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 = 60.28%
Maximum Annual Current Ratio = 2.44
Minimum Annual Increase = -65.55%
Minimum Annual Current Ratio = 1.45
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.62 | -0.26% |
| 2023 | 1.63 | -7.56% |
| 2022 | 1.76 | -11.69% |
| 2021 | 1.99 | -18.23% |
| 2020 | 2.44 | 36.06% |
| 2019 | 1.79 | -24.14% |
| 2018 | 2.36 | 60.28% |
| 2017 | 1.47 | -14.41% |
| 2016 | 1.72 | 18.45% |
| 2015 | 1.45 | -65.55% |
The current Current Ratio of Vincit Oyj (VINCIT.HE) 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
1.67
5-year avg
1.89
10-year avg
1.83
Vincit Oyj’s Current Ratio is less than Witted Megacorp Oyj (1.54), greater than QPR Software Oyj (0.80), greater than Solteq Oyj (0.54), greater than Netum Group Oyj (0.77), greater than LeadDesk Oy (0.72), greater than Siili Solutions Oyj (1.18), less than Aspocomp Group Oyj (2.11), less than Digital Workforce Services Oyj (2.32), less than Boreo Oyj (1.73),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.54 | $21.13M | |
| 0.80 | $17.69M | |
| 0.54 | $8.40M | |
| 0.77 | $15.02M | |
| 0.72 | $43.04M | |
| 1.18 | $35.92M | |
| 2.11 | $34.59M | |
| 2.32 | $30.66M | |
| 1.73 | $39.30M |
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What is the Current Ratio?
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What is Vincit Oyj's Current Ratio?
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What is the 3-year average Current Ratio for Vincit Oyj (VINCIT.HE)?
What is the 5-year average Current Ratio for Vincit Oyj (VINCIT.HE)?
How does the current Current Ratio for Vincit Oyj (VINCIT.HE) compare to its historical average?