LANXESS Aktiengesellschaft

LANXESS Aktiengesellschaftverified

LXS.DE

Price:

$27.29

Market Cap:

$2.36B

LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, additives, specialty chemicals, and plastics worldwide. It operates through four segments: Advanced Intermediates, Specialty Additives, Consumer Protection, and Engineering Materials. The Advanced Intermediates segment provides advanced industrial intermediates, basic and fine chemicals, organometallics, and inorganic pigments for the agrochemical, automotive, construction, aromas and flavors, semiconductors and photovoltaic, and color pigments industries. The Specialty Additives segment offers additives, including lubricants, flame retardants, plasticizers, and bromine deri...[Read more]

Industry

Chemicals - Specialty

IPO Date

2000-01-03

Stock Exchange

XETRA

Ticker

LXS.DE

The Current Ratio as of September 2024 (TTM) for LANXESS Aktiengesellschaft (LXS.DE) is 1.78

According to LANXESS Aktiengesellschaft’s latest financial reports and current stock price. The company's current Current Ratio is 1.78. This represents a change of -24.48% compared to the average of 2.35 of the last 4 quarters.

LANXESS Aktiengesellschaft (LXS.DE) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of LANXESS Aktiengesellschaft over the last ten years is 2.19. The current 1.78 Current Ratio has changed 8.00% with respect to the historical average. Over the past ten years (40 quarters), LXS.DE's Current Ratio was at its highest in in the June 2020 quarter at 3.30. The Current Ratio was at its lowest in in the March 2023 quarter at 1.44.

Quarterly (TTM)
Annual

Average

2.19

Median

2.12

Minimum

1.55

Maximum

3.28

LANXESS Aktiengesellschaft (LXS.DE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of LANXESS Aktiengesellschaft 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 = 111.61%

Maximum Annual Current Ratio = 3.28

Minimum Annual Increase = -50.94%

Minimum Annual Current Ratio = 1.55

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.4823.66%
20222.008.61%
20211.84-17.15%
20202.23-9.09%
20192.45-4.62%
20182.5759.53%
20171.61-50.94%
20163.28111.61%
20151.55-19.15%
20141.9212.12%

LANXESS Aktiengesellschaft (LXS.DE) Average Current Ratio

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

The current Current Ratio of LANXESS Aktiengesellschaft (LXS.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

2.11

5-year avg

2.20

10-year avg

2.19

LANXESS Aktiengesellschaft (LXS.DE) Current Ratio vs. Peers

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

LANXESS Aktiengesellschaft’s Current Ratio is less than K+S Aktiengesellschaft (2.69), greater than Evonik Industries AG (1.38), greater than HeidelbergCement AG (1.11), less than Wacker Chemie AG (2.58), greater than Covestro AG (1.71),

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Frequently asked questions❓

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