Columbus McKinnon Corporation

Columbus McKinnon Corporationverified

CMCO

Price:

$31.28

Market Cap:

$903.38M

Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, explosion-protected and custom engineered hoists, and winches; crane systems, such as crane components and kits, enclosed track rail systems, mobile and jib cranes, and fall protection systems, as well as material handling solutions; rigging equipment comprising below-the-hook lifting devices, shackles, chains and chains accessories, forestry and hand tools, lifting slings, lashing systems, and tie-downs and load binders; rotary unions and swivel jo...[Read more]

Industry

Agricultural - Machinery

IPO Date

1996-02-23

Stock Exchange

NASDAQ

Ticker

CMCO

The Current Ratio as of September 2024 (TTM) for Columbus McKinnon Corporation (CMCO) is 2.07

According to Columbus McKinnon Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.07. This represents a change of 4.79% compared to the average of 1.97 of the last 4 quarters.

Columbus McKinnon Corporation (CMCO) Historical Current Ratio (quarterly & annually)

How has CMCO Current Ratio performed in the past?

The mean historical Current Ratio of Columbus McKinnon Corporation over the last ten years is 2.09. The current 2.07 Current Ratio has changed 9.79% with respect to the historical average. Over the past ten years (40 quarters), CMCO's Current Ratio was at its highest in in the September 2014 quarter at 4.46. The Current Ratio was at its lowest in in the June 2021 quarter at 1.56.

Quarterly (TTM)
Annual

Average

2.09

Median

2.01

Minimum

1.72

Maximum

2.83

Columbus McKinnon Corporation (CMCO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Columbus McKinnon Corporation 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 = 43.59%

Maximum Annual Current Ratio = 2.83

Minimum Annual Increase = -27.18%

Minimum Annual Current Ratio = 1.72

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.96-4.35%
20232.059.86%
20221.87-22.22%
20212.40-2.48%
20202.4643.59%
20191.72-1.40%
20181.74-2.51%
20171.79-13.25%
20162.06-27.18%
20152.83-22.72%

Columbus McKinnon Corporation (CMCO) Average Current Ratio

How has CMCO Current Ratio performed in the past?

The current Current Ratio of Columbus McKinnon Corporation (CMCO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.96

5-year avg

2.15

10-year avg

2.09

Columbus McKinnon Corporation (CMCO) Current Ratio vs. Peers

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

Columbus McKinnon Corporation’s Current Ratio is less than Lindsay Corporation (3.95), less than Astec Industries, Inc. (2.49), greater than The Shyft Group, Inc. (1.86), greater than AGCO Corporation (1.52), less than Alamo Group Inc. (4.37), greater than Hyster-Yale Materials Handling, Inc. (1.31), less than Titan International, Inc. (2.40), greater than REV Group, Inc. (1.85), less than Gencor Industries, Inc. (26.55), greater than The Manitowoc Company, Inc. (1.89), greater than Wabash National Corporation (1.99),

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