Insteel Industries, Inc.

Insteel Industries, Inc.verified

IIIN

Price:

$32.07

Market Cap:

$623.60M

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is...[Read more]

Industry

Manufacturing - Metal Fabrication

IPO Date

1992-03-17

Stock Exchange

NYSE

Ticker

IIIN

The Current Ratio as of September 2024 (TTM) for Insteel Industries, Inc. (IIIN) is 5.75

According to Insteel Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.75. This represents a change of -12.67% compared to the average of 6.58 of the last 4 quarters.

Insteel Industries, Inc. (IIIN) Historical Current Ratio (quarterly & annually)

How has IIIN Current Ratio performed in the past?

The mean historical Current Ratio of Insteel Industries, Inc. over the last ten years is 4.02. The current 5.75 Current Ratio has changed 14.22% with respect to the historical average. Over the past ten years (40 quarters), IIIN's Current Ratio was at its highest in in the March 2024 quarter at 7.18. The Current Ratio was at its lowest in in the September 2014 quarter at 2.26.

Quarterly (TTM)
Annual

Average

4.02

Median

3.63

Minimum

2.26

Maximum

6.47

Insteel Industries, Inc. (IIIN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Insteel Industries, 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 = 108.14%

Maximum Annual Current Ratio = 6.47

Minimum Annual Increase = -35.05%

Minimum Annual Current Ratio = 2.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.4720.87%
20225.3649.38%
20213.59-2.30%
20203.67-35.05%
20195.65108.14%
20182.72-28.27%
20173.7912.80%
20163.361.60%
20153.3046.36%
20142.26-30.34%

Insteel Industries, Inc. (IIIN) Average Current Ratio

How has IIIN Current Ratio performed in the past?

The current Current Ratio of Insteel Industries, Inc. (IIIN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.14

5-year avg

4.95

10-year avg

4.02

Insteel Industries, Inc. (IIIN) Current Ratio vs. Peers

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

Insteel Industries, Inc.’s Current Ratio is less than Haynes International, Inc. (7.74), greater than Mayville Engineering Company, Inc. (1.71), greater than Gulf Island Fabrication, Inc. (3.89), greater than ESAB Corporation (1.86), greater than Northwest Pipe Company (3.06), greater than Carpenter Technology Corporation (3.41), greater than Mueller Industries, Inc. (4.66), greater than Tredegar Corporation (0.78), greater than Ryerson Holding Corporation (2.38), greater than Worthington Industries, Inc. (3.78), greater than ATI Inc. (2.13),

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