Dolby Laboratories, Inc.

Dolby Laboratories, Inc.verified

DLB

Price:

$80.55

Market Cap:

$7.68B

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV, transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications.; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, an digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dol...[Read more]

Industry

Information Technology Services

IPO Date

2005-02-17

Stock Exchange

NYSE

Ticker

DLB

The Current Ratio as of November 2024 (TTM) for Dolby Laboratories, Inc. (DLB) is 2.86

According to Dolby Laboratories, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.86. This represents a change of -19.40% compared to the average of 3.55 of the last 4 quarters.

Dolby Laboratories, Inc. (DLB) Historical Current Ratio (quarterly & annually)

How has DLB Current Ratio performed in the past?

The mean historical Current Ratio of Dolby Laboratories, Inc. over the last ten years is 4.38. The current 2.86 Current Ratio has changed 6.42% with respect to the historical average. Over the past ten years (40 quarters), DLB's Current Ratio was at its highest in in the December 2021 quarter at 5.98. The Current Ratio was at its lowest in in the September 2024 quarter at 2.86.

Quarterly (TTM)
Annual

Average

4.38

Median

4.45

Minimum

2.86

Maximum

5.79

Dolby Laboratories, Inc. (DLB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Dolby Laboratories, 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 = 28.65%

Maximum Annual Current Ratio = 5.79

Minimum Annual Increase = -25.40%

Minimum Annual Current Ratio = 2.86

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.86-18.88%
20233.52-25.40%
20224.72-15.29%
20215.58-3.73%
20205.7928.65%
20194.50-5.90%
20184.7816.26%
20174.1215.42%
20163.57-18.80%
20154.39-17.33%

Dolby Laboratories, Inc. (DLB) Average Current Ratio

How has DLB Current Ratio performed in the past?

The current Current Ratio of Dolby Laboratories, Inc. (DLB) 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

3.70

5-year avg

4.49

10-year avg

4.38

Dolby Laboratories, Inc. (DLB) Current Ratio vs. Peers

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

Dolby Laboratories, Inc.’s Current Ratio is greater than Maximus, Inc. (1.49), less than Network-1 Technologies, Inc. (69.54), less than First Advantage Corporation (3.85), greater than BrightView Holdings, Inc. (1.44), greater than Civeo Corporation (1.36), greater than AZZ Inc. (1.85), greater than Cass Information Systems, Inc. (0.87), greater than CBIZ, Inc. (1.49), greater than Rentokil Initial plc (1.04),

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