Lantronix, Inc.

Lantronix, Inc.verified

LTRX

Price:

$3.97

Market Cap:

$150.45M

Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; IoT Compute, such as application proce...[Read more]

Industry

Communication Equipment

IPO Date

2000-08-04

Stock Exchange

NASDAQ

Ticker

LTRX

The Current Ratio as of September 2024 (TTM) for Lantronix, Inc. (LTRX) is 2.95

According to Lantronix, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.95. This represents a change of 26.78% compared to the average of 2.33 of the last 4 quarters.

Lantronix, Inc. (LTRX) Historical Current Ratio (quarterly & annually)

How has LTRX Current Ratio performed in the past?

The mean historical Current Ratio of Lantronix, Inc. over the last ten years is 2.34. The current 2.95 Current Ratio has changed 12.49% with respect to the historical average. Over the past ten years (40 quarters), LTRX's Current Ratio was at its highest in in the September 2018 quarter at 3.49. The Current Ratio was at its lowest in in the June 2015 quarter at 1.71.

Quarterly (TTM)
Annual

Average

2.34

Median

2.19

Minimum

1.71

Maximum

3.33

Lantronix, Inc. (LTRX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lantronix, 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 = 41.72%

Maximum Annual Current Ratio = 3.33

Minimum Annual Increase = -34.26%

Minimum Annual Current Ratio = 1.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.9541.72%
20232.08-17.88%
20222.5334.29%
20211.89-13.76%
20202.19-34.26%
20193.3339.14%
20182.3910.97%
20172.16-1.67%
20162.1928.13%
20151.71-7.42%

Lantronix, Inc. (LTRX) Average Current Ratio

How has LTRX Current Ratio performed in the past?

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

3-year avg

2.52

5-year avg

2.33

10-year avg

2.34

Lantronix, Inc. (LTRX) Current Ratio vs. Peers

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

Lantronix, Inc.’s Current Ratio is greater than LightPath Technologies, Inc. (2.01), greater than Luna Innovations Incorporated (2.86), greater than Identiv, Inc. (2.46), greater than VOXX International Corporation (2.41), greater than B.O.S. Better Online Solutions Ltd. (2.33),

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