Cloetta AB (publ)

Cloetta AB (publ)verified

CLA-B.ST

Price:

$26.18

Market Cap:

$7.34B

Cloetta AB (publ) operates as a confectionary company. It manufactures and markets chocolate confectionery products, including pralines, chocolate wafers, dragees, plates, and countlines under the Kexchoklad, Polly, Center, Plopp, Tupla, Royal, Sportlunch, Bridge, Lonka, Sinas, Snippers, and Lonka soft nougat brands. The company also provides confectionery products comprising foams, wine gums, liquorice, toffees, hard boiled candies, and lollypops under the Malaco, Red Band, Ahlgrens bilar, Venco, Chewits, and Juleskum brands. In addition, it offers pastilles under the Läkerol, Mynthon, and King brands, as well as chewing gums under the Jenkki, Sportlife, and Xylifresh brands. Further, the c...[Read more]

Industry

Food Confectioners

IPO Date

2000-01-03

Stock Exchange

STO

Ticker

CLA-B.ST

The Current Ratio as of November 2024 (TTM) for Cloetta AB (publ) (CLA-B.ST) is 1.72

According to Cloetta AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.72. This represents a change of 2.01% compared to the average of 1.69 of the last 4 quarters.

Cloetta AB (publ) (CLA-B.ST) Historical Current Ratio (quarterly & annually)

How has CLA-B.ST Current Ratio performed in the past?

The mean historical Current Ratio of Cloetta AB (publ) over the last ten years is 1.23. The current 1.72 Current Ratio has changed 13.90% with respect to the historical average. Over the past ten years (40 quarters), CLA-B.ST's Current Ratio was at its highest in in the September 2024 quarter at 1.72. The Current Ratio was at its lowest in in the December 2020 quarter at 0.58.

Quarterly (TTM)
Annual

Average

1.23

Median

1.24

Minimum

0.58

Maximum

1.66

Cloetta AB (publ) (CLA-B.ST) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cloetta 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 = 166.51%

Maximum Annual Current Ratio = 1.66

Minimum Annual Increase = -38.60%

Minimum Annual Current Ratio = 0.58

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.661.95%
20221.634.50%
20211.56166.51%
20200.58-21.79%
20190.75-32.97%
20181.1116.29%
20170.96-38.60%
20161.5631.77%
20151.18-8.71%
20141.30-7.82%

Cloetta AB (publ) (CLA-B.ST) Average Current Ratio

How has CLA-B.ST Current Ratio performed in the past?

The current Current Ratio of Cloetta AB (publ) (CLA-B.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.61

5-year avg

1.23

10-year avg

1.23

Cloetta AB (publ) (CLA-B.ST) Current Ratio vs. Peers

How is CLA-B.ST’s Current Ratio compared to its peers?

Cloetta AB (publ)’s Current Ratio is greater than Securitas AB (publ) (1.12), greater than Clas Ohlson AB (publ) (1.17), greater than Axfood AB (publ) (0.62), greater than Byggmax Group AB (publ) (0.70), greater than Essity AB (publ) (1.36),

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