Logistec Corporation

Logistec Corporationverified

LGT-B.TO

Price:

$66.95

Market Cap:

$834.18M

Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States. It operates in two segments, Marine Services and Environmental Services. The company provides specialized cargo handling services, which include container, bulk, breakbulk, and project cargo, as well as other services through the operation of 80 terminals in 54 ports in North America. It also stevedoring, cargo loading and unloading, container stuffing and destuffing, ship dockage, road transportation, and storage services, as well as tailgating, including truck loading and discharging services; and marine agency serv...[Read more]

Industry

Marine Shipping

IPO Date

1995-11-29

Stock Exchange

TSX

Ticker

LGT-B.TO

The Current Ratio as of November 2024 (TTM) for Logistec Corporation (LGT-B.TO) is 1.49

According to Logistec Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.49. This represents a change of 3.12% compared to the average of 1.45 of the last 4 quarters.

Logistec Corporation (LGT-B.TO) Historical Current Ratio (quarterly & annually)

How has LGT-B.TO Current Ratio performed in the past?

The mean historical Current Ratio of Logistec Corporation over the last ten years is 1.93. The current 1.49 Current Ratio has changed 7.63% with respect to the historical average. Over the past ten years (40 quarters), LGT-B.TO's Current Ratio was at its highest in in the March 2014 quarter at 2.82. The Current Ratio was at its lowest in in the June 2023 quarter at 1.29.

Quarterly (TTM)
Annual

Average

1.93

Median

1.78

Minimum

1.45

Maximum

2.51

Logistec Corporation (LGT-B.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Logistec Corporation 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 = 13.65%

Maximum Annual Current Ratio = 2.51

Minimum Annual Increase = -34.36%

Minimum Annual Current Ratio = 1.45

Quarterly (TTM)
Annual
YearCurrent RatioChange
20221.6513.65%
20211.45-14.74%
20201.70-8.06%
20191.8512.05%
20181.650.22%
20171.65-34.36%
20162.517.96%
20152.333.33%
20142.250.38%
20132.240.34%

Logistec Corporation (LGT-B.TO) Average Current Ratio

How has LGT-B.TO Current Ratio performed in the past?

The current Current Ratio of Logistec Corporation (LGT-B.TO) 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

1.60

5-year avg

1.66

10-year avg

1.93

Logistec Corporation (LGT-B.TO) Current Ratio vs. Peers

How is LGT-B.TO’s Current Ratio compared to its peers?

Logistec Corporation’s Current Ratio is less than Velan Inc. (2.55), less than Lassonde Industries Inc. (1.78), less than Richelieu Hardware Ltd. (0), less than Pollard Banknote Limited (3.46), less than null (1.78),

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