Cochlear Limited

Cochlear Limitedverified

CHEOY

Price:

$97.98

Market Cap:

$18.97B

Cochlear Limited provides implantable hearing solutions for adults and children worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. The company was founded in 1981 and is headquartered in Sydney, Australia.[Read more]

Industry

Medical - Devices

IPO Date

2010-04-05

Stock Exchange

PNK

Ticker

CHEOY

The Current Ratio as of September 2024 (TTM) for Cochlear Limited (CHEOY) is 2.30

According to Cochlear Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.30. This represents a change of -8.52% compared to the average of 2.51 of the last 4 quarters.

Cochlear Limited (CHEOY) Historical Current Ratio (quarterly & annually)

How has CHEOY Current Ratio performed in the past?

The mean historical Current Ratio of Cochlear Limited over the last ten years is 2.09. The current 2.30 Current Ratio has changed 10.90% with respect to the historical average. Over the past ten years (40 quarters), CHEOY's Current Ratio was at its highest in in the December 2020 quarter at 3.20. The Current Ratio was at its lowest in in the June 2015 quarter at 1.21.

Quarterly (TTM)
Annual

Average

2.09

Median

2.10

Minimum

1.21

Maximum

3.06

Cochlear Limited (CHEOY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cochlear Limited 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 = 78.34%

Maximum Annual Current Ratio = 3.06

Minimum Annual Increase = -51.14%

Minimum Annual Current Ratio = 1.21

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.30-2.38%
20232.36-6.35%
20222.52-17.69%
20213.0669.08%
20201.812.32%
20191.77-13.01%
20182.0320.12%
20171.69-21.83%
20162.1678.34%
20151.21-51.14%

Cochlear Limited (CHEOY) Average Current Ratio

How has CHEOY Current Ratio performed in the past?

The current Current Ratio of Cochlear Limited (CHEOY) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

2.39

5-year avg

2.41

10-year avg

2.09

Cochlear Limited (CHEOY) Current Ratio vs. Peers

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

Cochlear Limited’s Current Ratio is less than Smith & Nephew plc (2.51), less than Integer Holdings Corporation (3.29), less than Conformis, Inc. (5.07), greater than Motus GI Holdings, Inc. (1.74), greater than Demant A/S (1.42), greater than GN Store Nord A/S (0.68), greater than GN Store Nord A/S (0.68), greater than Siemens Healthineers AG (1.27), greater than Abbott Laboratories (1.68), greater than Stryker Corporation (1.68), less than Edwards Lifesciences Corporation (3.71), greater than Boston Scientific Corporation (1.61), less than DexCom, Inc. (2.82),

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