Aspen Aerogels, Inc.

Aspen Aerogels, Inc.verified

ASPN

Price:

$28.76

Market Cap:

$2.22B

Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy storage industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market; Pyrogel XTF to provide protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; and Spaceloft Subsea for u...[Read more]

Industry

Construction

IPO Date

2014-06-13

Stock Exchange

NYSE

Ticker

ASPN

The Current Ratio as of September 2024 (TTM) for Aspen Aerogels, Inc. (ASPN) is 3.46

According to Aspen Aerogels, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.46. This represents a change of -2.25% compared to the average of 3.54 of the last 4 quarters.

Aspen Aerogels, Inc. (ASPN) Historical Current Ratio (quarterly & annually)

How has ASPN Current Ratio performed in the past?

The mean historical Current Ratio of Aspen Aerogels, Inc. over the last ten years is 2.98. The current 3.46 Current Ratio has changed 11.51% with respect to the historical average. Over the past ten years (40 quarters), ASPN's Current Ratio was at its highest in in the March 2022 quarter at 5.37. The Current Ratio was at its lowest in in the December 2019 quarter at 1.50.

Quarterly (TTM)
Annual

Average

2.98

Median

3.23

Minimum

1.50

Maximum

4.66

Aspen Aerogels, Inc. (ASPN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Aspen Aerogels, Inc. 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 = 307.83%

Maximum Annual Current Ratio = 4.66

Minimum Annual Increase = -26.92%

Minimum Annual Current Ratio = 1.50

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.41-26.82%
20224.6651.89%
20213.07-9.33%
20203.38124.99%
20191.50-6.88%
20181.61-26.92%
20172.21-20.17%
20162.77-21.83%
20153.54-2.48%
20143.63307.83%

Aspen Aerogels, Inc. (ASPN) Average Current Ratio

How has ASPN Current Ratio performed in the past?

The current Current Ratio of Aspen Aerogels, Inc. (ASPN) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.71

5-year avg

3.21

10-year avg

2.98

Aspen Aerogels, Inc. (ASPN) Current Ratio vs. Peers

How is ASPN’s Current Ratio compared to its peers?

Aspen Aerogels, Inc.’s Current Ratio is less than Apyx Medical Corporation (5.33), less than Century Communities, Inc. (5.19), less than Ardmore Shipping Corporation (3.50), greater than American Assets Trust, Inc. (1.84), greater than ASGN Incorporated (2.34),

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