Italgas S.p.A.

Italgas S.p.A.verified

IG.MI

Price:

$5.05

Market Cap:

$4.10B

Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy. It is involved in the transportation of gas through local pipeline networks from the delivery points at the reduction and measurement stations interconnected with the transport networks to the points of final delivery to households, enterprises, etc. The company operated a distribution network of 74,397 kilometers. It also engages in metering activities; and distributes and sells water. The company was founded in 1837 and is based in Milan, Italy.[Read more]

Industry

Regulated Gas

IPO Date

2016-11-07

Stock Exchange

MIL

Ticker

IG.MI

The Current Ratio as of September 2024 (TTM) for Italgas S.p.A. (IG.MI) is 0.57

According to Italgas S.p.A.’s latest financial reports and current stock price. The company's current Current Ratio is 0.57. This represents a change of -9.84% compared to the average of 0.63 of the last 4 quarters.

Italgas S.p.A. (IG.MI) Historical Current Ratio (quarterly & annually)

How has IG.MI Current Ratio performed in the past?

The mean historical Current Ratio of Italgas S.p.A. over the last ten years is 0.89. The current 0.57 Current Ratio has changed 6.28% with respect to the historical average. Over the past ten years (40 quarters), IG.MI's Current Ratio was at its highest in in the June 2022 quarter at 1.67. The Current Ratio was at its lowest in in the June 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

0.89

Median

0.80

Minimum

0.22

Maximum

1.57

Italgas S.p.A. (IG.MI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Italgas S.p.A. 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 = 408.82%

Maximum Annual Current Ratio = 1.57

Minimum Annual Increase = -68.61%

Minimum Annual Current Ratio = 0.22

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.72-45.16%
20221.32-16.14%
20211.5758.97%
20200.9932.49%
20190.75-11.59%
20180.84-22.96%
20171.10408.82%
20160.22-68.61%
20150.694.06%
20140.66-6.31%

Italgas S.p.A. (IG.MI) Average Current Ratio

How has IG.MI Current Ratio performed in the past?

The current Current Ratio of Italgas S.p.A. (IG.MI) 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

1.21

5-year avg

1.07

10-year avg

0.89

Italgas S.p.A. (IG.MI) Current Ratio vs. Peers

How is IG.MI’s Current Ratio compared to its peers?

Italgas S.p.A.’s Current Ratio is less than Snam S.p.A. (0.79), less than Terna - Rete Elettrica Nazionale Società per Azioni (0.93), less than A2A S.p.A. (1.22), less than Hera S.p.A. (1.10), greater than Poste Italiane S.p.A. (0.51),

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