CTS Corporation

CTS Corporationverified

CTS

Price:

$49.35

Market Cap:

$1.50B

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and di...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

CTS

The Current Ratio as of October 2024 (TTM) for CTS Corporation (CTS) is 3.41

According to CTS Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.41. This represents a change of 2.85% compared to the average of 3.31 of the last 4 quarters.

CTS Corporation (CTS) Historical Current Ratio (quarterly & annually)

How has CTS Current Ratio performed in the past?

The mean historical Current Ratio of CTS Corporation over the last ten years is 2.57. The current 3.41 Current Ratio has changed 13.17% with respect to the historical average. Over the past ten years (40 quarters), CTS's Current Ratio was at its highest in in the June 2024 quarter at 3.41. The Current Ratio was at its lowest in in the September 2016 quarter at 2.14.

Quarterly (TTM)
Annual

Average

2.57

Median

2.47

Minimum

2.20

Maximum

3.29

CTS Corporation (CTS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CTS 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 = 20.80%

Maximum Annual Current Ratio = 3.29

Minimum Annual Increase = -17.28%

Minimum Annual Current Ratio = 2.20

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.2913.68%
20222.8914.22%
20212.5314.02%
20202.22-9.26%
20192.456.42%
20182.300.90%
20172.283.77%
20162.20-11.58%
20152.49-17.28%
20143.0120.80%

CTS Corporation (CTS) Average Current Ratio

How has CTS Current Ratio performed in the past?

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

3-year avg

2.91

5-year avg

2.68

10-year avg

2.57

CTS Corporation (CTS) Current Ratio vs. Peers

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

CTS Corporation’s Current Ratio is greater than Plexus Corp. (1.47), greater than OSI Systems, Inc. (1.49), greater than Benchmark Electronics, Inc. (2.35), greater than LSI Industries Inc. (2.05), greater than Sanmina Corporation (2.03), less than Bel Fuse Inc. (4.19), greater than Methode Electronics, Inc. (2.35), greater than Celestica Inc. (1.47), less than Bel Fuse Inc. (4.19), less than Richardson Electronics, Ltd. (4.62),

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