Gilat Satellite Networks Ltd.

Gilat Satellite Networks Ltd.verified

GILT

Price:

$4.79

Market Cap:

$273.11M

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel and internationally. It operates through Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects segments. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, low-profile antennas, and on-the-move/on-the-pause terminals and modems. The company also offers turnkey integrated solutions, including managed...[Read more]

Industry

Communication Equipment

IPO Date

1993-03-26

Stock Exchange

NASDAQ

Ticker

GILT

The Current Ratio as of September 2024 (TTM) for Gilat Satellite Networks Ltd. (GILT) is 2.14

According to Gilat Satellite Networks Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.14. This represents a change of 6.63% compared to the average of 2.00 of the last 4 quarters.

Gilat Satellite Networks Ltd. (GILT) Historical Current Ratio (quarterly & annually)

How has GILT Current Ratio performed in the past?

The mean historical Current Ratio of Gilat Satellite Networks Ltd. over the last ten years is 1.69. The current 2.14 Current Ratio has changed 12.56% with respect to the historical average. Over the past ten years (40 quarters), GILT's Current Ratio was at its highest in in the June 2024 quarter at 2.14. The Current Ratio was at its lowest in in the December 2015 quarter at 1.38.

Quarterly (TTM)
Annual

Average

1.69

Median

1.69

Minimum

1.38

Maximum

1.85

Gilat Satellite Networks Ltd. (GILT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Gilat Satellite Networks Ltd. 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 = 18.32%

Maximum Annual Current Ratio = 1.85

Minimum Annual Increase = -17.18%

Minimum Annual Current Ratio = 1.38

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.837.32%
20221.71-4.97%
20211.8013.58%
20201.58-14.27%
20191.855.36%
20181.754.62%
20171.682.74%
20161.6318.32%
20151.38-17.18%
20141.66-7.36%

Gilat Satellite Networks Ltd. (GILT) Average Current Ratio

How has GILT Current Ratio performed in the past?

The current Current Ratio of Gilat Satellite Networks Ltd. (GILT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.78

5-year avg

1.76

10-year avg

1.69

Gilat Satellite Networks Ltd. (GILT) Current Ratio vs. Peers

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

Gilat Satellite Networks Ltd.’s Current Ratio is less than ADTRAN Holdings, Inc. (2.31), greater than Mynaric AG (0.74), less than KVH Industries, Inc. (4.72), less than Telesat Corporation (6.13), greater than Digi International Inc. (2.00), greater than Ceragon Networks Ltd. (1.70), greater than Ituran Location and Control Ltd. (2.04), greater than Aviat Networks, Inc. (2.12), greater than AudioCodes Ltd. (1.86), less than Silicom Ltd. (9.74), greater than Akoustis Technologies, Inc. (1.57), less than Ciena Corporation (0), less than Lumentum Holdings Inc. (4.04), less than NETGEAR, Inc. (5.90), less than null (2.60),

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