K-Bro Linen Inc.

K-Bro Linen Inc.verified

KBL.TO

Price:

$33.85

Market Cap:

$358.08M

K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, and drapes and other linens. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, cart delivery, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services. In addition, it provides linen rental, workwear hire, an...[Read more]

Industry

Specialty Business Services

IPO Date

2008-07-23

Stock Exchange

TSX

Ticker

KBL.TO

The Current Ratio as of November 2024 (TTM) for K-Bro Linen Inc. (KBL.TO) is 1.80

According to K-Bro Linen Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.80. This represents a change of 3.85% compared to the average of 1.73 of the last 4 quarters.

K-Bro Linen Inc. (KBL.TO) Historical Current Ratio (quarterly & annually)

How has KBL.TO Current Ratio performed in the past?

The mean historical Current Ratio of K-Bro Linen Inc. over the last ten years is 1.81. The current 1.80 Current Ratio has changed 9.86% with respect to the historical average. Over the past ten years (40 quarters), KBL.TO's Current Ratio was at its highest in in the June 2018 quarter at 2.59. The Current Ratio was at its lowest in in the September 2015 quarter at 1.22.

Quarterly (TTM)
Annual

Average

1.81

Median

1.78

Minimum

1.42

Maximum

2.25

K-Bro Linen Inc. (KBL.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of K-Bro Linen 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 = 40.16%

Maximum Annual Current Ratio = 2.25

Minimum Annual Increase = -37.04%

Minimum Annual Current Ratio = 1.42

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.73-5.98%
20221.848.62%
20211.70-1.43%
20201.72-3.57%
20191.78-9.63%
20181.974.56%
20171.896.14%
20161.7825.62%
20151.42-37.04%
20142.2540.16%

K-Bro Linen Inc. (KBL.TO) Average Current Ratio

How has KBL.TO Current Ratio performed in the past?

The current Current Ratio of K-Bro Linen Inc. (KBL.TO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.76

5-year avg

1.75

10-year avg

1.81

K-Bro Linen Inc. (KBL.TO) Current Ratio vs. Peers

How is KBL.TO’s Current Ratio compared to its peers?

K-Bro Linen Inc.’s Current Ratio is greater than Richards Packaging Income Fund (1.63), greater than Ag Growth International Inc. (1.49), greater than Information Services Corporation (0.74), greater than Pollard Banknote Limited (1.78), less than Park Lawn Corporation (1.94),

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