Glatfelter Corporation

Glatfelter Corporationverified

GLT

Price:

$1.625

Market Cap:

$73.77M

Glatfelter Corporation, together with its subsidiaries, manufactures and sells engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and other consumer product applications; composite laminates consisting of decorative laminates for use in furniture, household and commercial flooring, and other applications; and specialty engineered products, which are used in electrical energy storage,...[Read more]

Industry

Paper, Lumber & Forest Products

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

GLT

The Current Ratio as of September 2024 (TTM) for Glatfelter Corporation (GLT) is 2.21

According to Glatfelter Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.21. This represents a change of 28.26% compared to the average of 1.72 of the last 4 quarters.

Glatfelter Corporation (GLT) Historical Current Ratio (quarterly & annually)

How has GLT Current Ratio performed in the past?

The mean historical Current Ratio of Glatfelter Corporation over the last ten years is 1.89. The current 2.21 Current Ratio has changed 11.61% with respect to the historical average. Over the past ten years (40 quarters), GLT's Current Ratio was at its highest in in the June 2022 quarter at 19.39. The Current Ratio was at its lowest in in the September 2023 quarter at 0.21.

Quarterly (TTM)
Annual

Average

1.89

Median

1.91

Minimum

1.53

Maximum

2.16

Glatfelter Corporation (GLT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Glatfelter 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 = 19.64%

Maximum Annual Current Ratio = 2.16

Minimum Annual Increase = -15.70%

Minimum Annual Current Ratio = 1.53

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.1614.64%
20221.899.93%
20211.72-11.64%
20201.94-6.27%
20192.072.73%
20182.0219.64%
20171.6810.12%
20161.53-15.70%
20151.82-11.64%
20142.050.99%

Glatfelter Corporation (GLT) Average Current Ratio

How has GLT Current Ratio performed in the past?

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

3-year avg

1.92

5-year avg

1.95

10-year avg

1.89

Glatfelter Corporation (GLT) Current Ratio vs. Peers

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

Glatfelter Corporation’s Current Ratio is less than Mercer International Inc. (3.46), greater than Sylvamo Corporation (1.68), less than Suzano S.A. (2.48), greater than UPM-Kymmene Oyj (1.49), greater than Clearwater Paper Corporation (1.73), less than Klabin S.A. (2.79),

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