Investment AB Latour (publ)

Investment AB Latour (publ)verified

LATO-B.ST

Price:

$297.3

Market Cap:

$175.95B

Investment AB Latour (publ) is an investment firm. The firm prefer to invest in companies for long term with Development, manufacture and marketing of proprietary products under their own brands. It prefer to invest in companies with 10 percent average annual growth over a business cycle, 10 percent operating margin over a business cycle, and 15 - 20 percent return on operating capital over a business cycle. It takes an active role on the board of its investee company. The firm was previously known as AB Hevea. Investment AB Latour (publ) was founded in 1984 and is based in Gothenburg, Sweden with an additional office in Malmo, Sweden and Stockholm, Sweden.[Read more]

Industry

Asset Management

IPO Date

2000-01-03

Stock Exchange

STO

Ticker

LATO-B.ST

The Current Ratio as of November 2024 (TTM) for Investment AB Latour (publ) (LATO-B.ST) is 1.08

According to Investment AB Latour (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.08. This represents a change of -9.92% compared to the average of 1.20 of the last 4 quarters.

Investment AB Latour (publ) (LATO-B.ST) Historical Current Ratio (quarterly & annually)

How has LATO-B.ST Current Ratio performed in the past?

The mean historical Current Ratio of Investment AB Latour (publ) over the last ten years is 1.26. The current 1.08 Current Ratio has changed 8.53% with respect to the historical average. Over the past ten years (40 quarters), LATO-B.ST's Current Ratio was at its highest in in the March 2021 quarter at 2.01. The Current Ratio was at its lowest in in the December 2017 quarter at 0.66.

Quarterly (TTM)
Annual

Average

1.26

Median

1.18

Minimum

0.66

Maximum

1.91

Investment AB Latour (publ) (LATO-B.ST) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Investment AB Latour (publ) 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 = 74.05%

Maximum Annual Current Ratio = 1.91

Minimum Annual Increase = -42.61%

Minimum Annual Current Ratio = 0.66

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.275.09%
20221.21-36.69%
20211.91-0.21%
20201.9122.50%
20191.5635.53%
20181.1574.05%
20170.66-42.61%
20161.1515.11%
20151.0041.62%
20140.71-23.66%

Investment AB Latour (publ) (LATO-B.ST) Average Current Ratio

How has LATO-B.ST Current Ratio performed in the past?

The current Current Ratio of Investment AB Latour (publ) (LATO-B.ST) 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

1.46

5-year avg

1.57

10-year avg

1.26

Investment AB Latour (publ) (LATO-B.ST) Current Ratio vs. Peers

How is LATO-B.ST’s Current Ratio compared to its peers?

Investment AB Latour (publ)’s Current Ratio is greater than Kinnevik AB (0), greater than Investor AB (publ) (0), greater than L E Lundbergföretagen AB (publ) (0.90), greater than AB Industrivärden (publ) (0), less than Bure Equity AB (publ) (32.77),

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