AAK.ST
Price:
$298
Market Cap:
$77.35B
AAK AB (publ.) develops and sells plant-based oils and fats worldwide. It offers food ingredients for the bakery, dairy, foodservice, and special nutrition industries; chocolate and confectionery, including cocoa butter alternatives, compound fats, filling fats, barrier fats, and spreads; caramel products; and functional emollients for the cosmetics industry. The company also provides fatty acids and glycerine for various applications; candle waxes; feed products; and natural emulsifiers. AAK AB (publ.) was founded in 1871 and is headquartered in Malmö, Sweden.[Read more]
Industry
Packaged Foods
IPO Date
2005-09-29
Stock Exchange
STO
Ticker
AAK.ST
According to AAK AB (publ.)’s latest financial reports and current stock price. The company's current Current Ratio is 1.83. This represents a change of -4.56% compared to the average of 1.92 of the last 4 quarters.
The mean historical Current Ratio of AAK AB (publ.) over the last ten years is 1.74. The current 1.83 Current Ratio has changed 10.38% with respect to the historical average. Over the past ten years (40 quarters), AAK.ST's Current Ratio was at its highest in in the March 2024 quarter at 2.06. The Current Ratio was at its lowest in in the March 2022 quarter at 1.44.
Average
1.74
Median
1.73
Minimum
1.48
Maximum
1.97
Discovering the peaks and valleys of AAK 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 = 18.32%
Maximum Annual Current Ratio = 1.97
Minimum Annual Increase = -13.35%
Minimum Annual Current Ratio = 1.48
Year | Current Ratio | Change |
---|---|---|
2023 | 1.95 | 17.75% |
2022 | 1.66 | 11.74% |
2021 | 1.48 | -3.85% |
2020 | 1.54 | -13.35% |
2019 | 1.78 | -8.92% |
2018 | 1.96 | 18.32% |
2017 | 1.65 | -2.02% |
2016 | 1.69 | -4.66% |
2015 | 1.77 | -10.02% |
2014 | 1.97 | 0.93% |
The current Current Ratio of AAK AB (publ.) (AAK.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.70
5-year avg
1.68
10-year avg
1.74
AAK AB (publ.)’s Current Ratio is greater than Axfood AB (publ) (0.62), greater than Indutrade AB (publ) (1.75), greater than Essity AB (publ) (1.36), greater than Trelleborg AB (publ) (1.58), greater than HEXPOL AB (publ) (1.00),
Company | Current Ratio | Market cap |
---|---|---|
0.62 | $50.66B | |
1.75 | $106.31B | |
1.36 | $208.27B | |
1.58 | $86.14B | |
1.00 | $36.23B |
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What is the 5-year average Current Ratio for AAK AB (publ.) (AAK.ST)?
How does the current Current Ratio for AAK AB (publ.) (AAK.ST) compare to its historical average?