COFACE SA

COFACE SAverified

COFA.PA

Price:

$14.7

Market Cap:

$2.20B

COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. The company offers credit insurance products to protect companies against default on payment of its trade receivables. It also provides integrated credit management solutions comprising credit insurance, single risk insurance, business information and debt collection services for insured and uninsured businesses; and factoring services, as well as contract and environmental surety, customs and excise, and legal bonds; and payment guarantee...[Read more]

Industry

Insurance - Reinsurance

IPO Date

2014-06-27

Stock Exchange

EURONEXT

Ticker

COFA.PA

The Current Ratio as of November 2024 (TTM) for COFACE SA (COFA.PA) is 2.80

According to COFACE SA’s latest financial reports and current stock price. The company's current Current Ratio is 2.80. This represents a change of -20.41% compared to the average of 3.52 of the last 4 quarters.

COFACE SA (COFA.PA) Historical Current Ratio (quarterly & annually)

How has COFA.PA Current Ratio performed in the past?

The mean historical Current Ratio of COFACE SA over the last ten years is 2.17. The current 2.80 Current Ratio has changed 12.82% with respect to the historical average. Over the past ten years (40 quarters), COFA.PA's Current Ratio was at its highest in in the March 2023 quarter at 7.30. The Current Ratio was at its lowest in in the December 2022 quarter at 0.26.

Quarterly (TTM)
Annual

Average

2.17

Median

0.62

Minimum

0.26

Maximum

6.28

COFACE SA (COFA.PA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of COFACE SA 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 = 1.01%

Maximum Annual Current Ratio = 6.28

Minimum Annual Increase = -95.02%

Minimum Annual Current Ratio = 0.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.77955.54%
20220.26-95.02%
20215.2622.38%
20204.30-31.47%
20196.281.01%
20180.5610.57%
20170.51-15.10%
20160.60-5.63%
20150.6424.53%
20140.51277.28%

COFACE SA (COFA.PA) Average Current Ratio

How has COFA.PA Current Ratio performed in the past?

The current Current Ratio of COFACE SA (COFA.PA) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

2.76

5-year avg

3.77

10-year avg

2.17

COFACE SA (COFA.PA) Current Ratio vs. Peers

How is COFA.PA’s Current Ratio compared to its peers?

COFACE SA’s Current Ratio is greater than Nexity SA (1.30), greater than ALD S.A. (2.21), less than SCOR SE (7.82), greater than Eutelsat Communications S.A. (1.73), greater than Rubis (1.47),

CompanyCurrent RatioMarket cap
1.30$789.75M
2.21$5.60B
7.82$3.53B
1.73$1.78B
1.47$2.32B

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