Coherent, Inc.

Coherent, Inc.verified

COHR

Price:

$95.33

Market Cap:

$14.61B

Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of commercial, industrial, and scientific research applications. It operates in two segments, Original Equipment Manufacturers (OEM) Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used for applications in microelectronics, materials processing, OEM components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, a...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1987-10-02

Stock Exchange

NASDAQ

Ticker

COHR

The Current Ratio as of October 2024 (TTM) for Coherent, Inc. (COHR) is 2.72

According to Coherent, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.72. This represents a change of -3.65% compared to the average of 2.83 of the last 4 quarters.

Coherent, Inc. (COHR) Historical Current Ratio (quarterly & annually)

How has COHR Current Ratio performed in the past?

The mean historical Current Ratio of Coherent, Inc. over the last ten years is 3.31. The current 2.72 Current Ratio has changed 8.14% with respect to the historical average. Over the past ten years (40 quarters), COHR's Current Ratio was at its highest in in the March 2021 quarter at 4.26. The Current Ratio was at its lowest in in the March 2022 quarter at 1.99.

Quarterly (TTM)
Annual

Average

3.31

Median

3.31

Minimum

2.66

Maximum

4.15

Coherent, Inc. (COHR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Coherent, 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 = 56.08%

Maximum Annual Current Ratio = 4.15

Minimum Annual Increase = -18.11%

Minimum Annual Current Ratio = 2.66

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.72-9.65%
20233.01-11.28%
20223.40-18.11%
20214.1556.08%
20202.66-11.51%
20193.00-6.74%
20183.22-15.15%
20173.8011.54%
20163.40-7.65%
20153.69-1.55%

Coherent, Inc. (COHR) Average Current Ratio

How has COHR Current Ratio performed in the past?

The current Current Ratio of Coherent, Inc. (COHR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.05

5-year avg

3.19

10-year avg

3.31

Coherent, Inc. (COHR) Current Ratio vs. Peers

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

Coherent, Inc.’s Current Ratio is less than MKS Instruments, Inc. (3.58), less than IPG Photonics Corporation (9.02), less than Cognex Corporation (3.97), less than II-VI Incorporated (3.01), less than Lumentum Holdings Inc. (5.90),

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