AAK AB (publ.)

AAK AB (publ.)verified

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

The Current Ratio as of November 2024 (TTM) for AAK AB (publ.) (AAK.ST) is 1.83

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.

AAK AB (publ.) (AAK.ST) Historical Current Ratio (quarterly & annually)

How has AAK.ST Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

1.74

Median

1.73

Minimum

1.48

Maximum

1.97

AAK AB (publ.) (AAK.ST) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.9517.75%
20221.6611.74%
20211.48-3.85%
20201.54-13.35%
20191.78-8.92%
20181.9618.32%
20171.65-2.02%
20161.69-4.66%
20151.77-10.02%
20141.970.93%

AAK AB (publ.) (AAK.ST) Average Current Ratio

How has AAK.ST Current Ratio performed in the past?

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.) (AAK.ST) Current Ratio vs. Peers

How is AAK.ST’s Current Ratio compared to its peers?

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),

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