Krones AG

Krones AGverified

KRN.DE

Price:

$129.8

Market Cap:

$4.10B

Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in two segments, Machines and Lines for Product Filling and Decoration, and Machines and Lines for Beverage Production/Process Technology. The company provides process technology systems for use in beer, craft beer, juice, milk, soft drink, water, and spirit; Steinecker phoebus membrane filters; systems for ozonisation of water; bottle design; stretch blow molders; bottle washing machines; filling technology systems; inspection technology systems; labelers; conveyors; product treatment systems; packag...[Read more]

Industry

Industrial - Machinery

IPO Date

1998-11-23

Stock Exchange

XETRA

Ticker

KRN.DE

The Current Ratio as of September 2024 (TTM) for Krones AG (KRN.DE) is 1.30

According to Krones AG’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of -1.64% compared to the average of 1.32 of the last 4 quarters.

Krones AG (KRN.DE) Historical Current Ratio (quarterly & annually)

How has KRN.DE Current Ratio performed in the past?

The mean historical Current Ratio of Krones AG over the last ten years is 1.46. The current 1.30 Current Ratio has changed 8.80% with respect to the historical average. Over the past ten years (40 quarters), KRN.DE's Current Ratio was at its highest in in the March 2018 quarter at 1.63. The Current Ratio was at its lowest in in the March 2024 quarter at 1.28.

Quarterly (TTM)
Annual

Average

1.46

Median

1.46

Minimum

1.34

Maximum

1.55

Krones AG (KRN.DE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Krones AG 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 = 4.59%

Maximum Annual Current Ratio = 1.55

Minimum Annual Increase = -4.32%

Minimum Annual Current Ratio = 1.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.34-2.10%
20221.37-3.35%
20211.42-0.63%
20201.42-1.51%
20191.45-4.32%
20181.51-2.23%
20171.554.59%
20161.48-3.09%
20151.531.14%
20141.511.14%

Krones AG (KRN.DE) Average Current Ratio

How has KRN.DE Current Ratio performed in the past?

The current Current Ratio of Krones AG (KRN.DE) 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

1.37

5-year avg

1.40

10-year avg

1.46

Krones AG (KRN.DE) Current Ratio vs. Peers

How is KRN.DE’s Current Ratio compared to its peers?

Krones AG’s Current Ratio is greater than GEA Group Aktiengesellschaft (1.07), greater than Dürr Aktiengesellschaft (1.28), less than Jungheinrich Aktiengesellschaft (1.38), greater than LEONI AG (0.65), greater than Bilfinger SE (1.29),

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