ConvaTec Group Plc

ConvaTec Group Plcverified

CTEC.L

Price:

$220.6

Market Cap:

$5.99B

ConvaTec Group Plc develops, manufactures, and markets medical products and technologies worldwide. It offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, immobility, and venous disease, as well as from traumatic injury, burns, invasive surgery, and other causes. The company also provides devices, accessories, and services for people with a stoma resulting from colorectal cancer, inflammatory bowel disease, bladder cancer, obesity, and other causes. In addition, it offers continence and critical care products, including intermittent urinary catheters; and products for people with urinary co...[Read more]

Industry

Medical - Instruments & Supplies

IPO Date

2016-10-26

Stock Exchange

LSE

Ticker

CTEC.L

The Current Ratio as of September 2024 (TTM) for ConvaTec Group Plc (CTEC.L) is 2.26

According to ConvaTec Group Plc’s latest financial reports and current stock price. The company's current Current Ratio is 2.26. This represents a change of 24.87% compared to the average of 1.81 of the last 4 quarters.

ConvaTec Group Plc (CTEC.L) Historical Current Ratio (quarterly & annually)

How has CTEC.L Current Ratio performed in the past?

The mean historical Current Ratio of ConvaTec Group Plc over the last ten years is 2.27. The current 2.26 Current Ratio has changed 9.85% with respect to the historical average. Over the past ten years (40 quarters), CTEC.L's Current Ratio was at its highest in in the June 2017 quarter at 2.94. The Current Ratio was at its lowest in in the June 2022 quarter at 1.49.

Quarterly (TTM)
Annual

Average

2.27

Median

2.37

Minimum

1.62

Maximum

2.73

ConvaTec Group Plc (CTEC.L) Current Ratio by Quarter and Year

Discovering the peaks and valleys of ConvaTec Group Plc 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 = 18.85%

Maximum Annual Current Ratio = 2.73

Minimum Annual Increase = -15.02%

Minimum Annual Current Ratio = 1.62

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.62-2.77%
20221.67-14.52%
20211.95-15.02%
20202.30-5.78%
20192.44-10.71%
20182.735.58%
20172.590.62%
20162.57-3.09%
20152.6518.85%
20142.23-3.57%

ConvaTec Group Plc (CTEC.L) Average Current Ratio

How has CTEC.L Current Ratio performed in the past?

The current Current Ratio of ConvaTec Group Plc (CTEC.L) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.75

5-year avg

2.00

10-year avg

2.27

ConvaTec Group Plc (CTEC.L) Current Ratio vs. Peers

How is CTEC.L’s Current Ratio compared to its peers?

ConvaTec Group Plc’s Current Ratio is greater than Mediclinic International plc (1.79), less than Dechra Pharmaceuticals PLC (2.85), greater than Informa plc (0.56), greater than Genus plc (1.80), greater than Beazley plc (0),

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