Aspen Technology, Inc.

Aspen Technology, Inc.verified

AZPN

Price:

$225.975

Market Cap:

$14.29B

Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. It serves bulk chemicals, consumer packaged goods, downstream, food and beverage, metals and mining, midstream and LNG, pharmaceuticals, polymers, pulp and paper, specialty chemicals, transportation, upstream, and water and wastewater industries; power generation, transmission, and distribution industries; and engineering, procurement, and construction industries. The company was incorporated in 2021 and is ...[Read more]

Industry

Software - Application

IPO Date

1994-10-26

Stock Exchange

NASDAQ

Ticker

AZPN

The Current Ratio as of September 2024 (TTM) for Aspen Technology, Inc. (AZPN) is 2.60

According to Aspen Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.60. This represents a change of 14.27% compared to the average of 2.27 of the last 4 quarters.

Aspen Technology, Inc. (AZPN) Historical Current Ratio (quarterly & annually)

How has AZPN Current Ratio performed in the past?

The mean historical Current Ratio of Aspen Technology, Inc. over the last ten years is 2.05. The current 2.60 Current Ratio has changed 12.59% with respect to the historical average. Over the past ten years (40 quarters), AZPN's Current Ratio was at its highest in in the June 2021 quarter at 5.43. The Current Ratio was at its lowest in in the December 2017 quarter at 0.21.

Quarterly (TTM)
Annual

Average

2.05

Median

1.85

Minimum

0.26

Maximum

5.43

Aspen Technology, Inc. (AZPN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Aspen Technology, 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 = 412.15%

Maximum Annual Current Ratio = 5.43

Minimum Annual Increase = -62.54%

Minimum Annual Current Ratio = 0.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.609.85%
20232.36-32.09%
20223.48-35.88%
20215.4383.53%
20202.96121.14%
20191.34412.15%
20180.26-16.52%
20170.31-62.54%
20160.84-6.08%
20150.89-28.12%

Aspen Technology, Inc. (AZPN) Average Current Ratio

How has AZPN Current Ratio performed in the past?

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

3-year avg

2.81

5-year avg

3.37

10-year avg

2.05

Aspen Technology, Inc. (AZPN) Current Ratio vs. Peers

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

Aspen Technology, Inc.’s Current Ratio is greater than Bentley Systems, Incorporated (0.49), greater than Tyler Technologies, Inc. (1.06), greater than Blackbaud, Inc. (0.80), greater than SS&C Technologies Holdings, Inc. (1.16), greater than Commvault Systems, Inc. (1.23), greater than Envestnet, Inc. (1.14), greater than Manhattan Associates, Inc. (1.15), greater than Agilysys, Inc. (2.41), greater than BlackLine, Inc. (1.95), less than DoubleVerify Holdings, Inc. (7.04), less than ANSYS, Inc. (2.95), greater than Dayforce Inc. (1.12), greater than Paycor HCM, Inc. (1.06), less than Model N, Inc. (3.82), greater than Paycom Software, Inc. (1.08), greater than SAP SE (1.12), greater than Roper Technologies, Inc. (0.53), greater than Cadence Design Systems, Inc. (1.43), greater than PTC Inc. (0.69),

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