Magellan Aerospace Corporation

Magellan Aerospace Corporationverified

MAL.TO

Price:

$10.12

Market Cap:

$578.25M

Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine and structure components for the aerospace markets in Canada, the United States, Europe, and Asia. It offers aero engine products, such as engine frames, cases, bypass ducts, engine shafts, engine processes, engine materials, metallic honeycomb, filament winding, compressor components, turbine components, and afterburner components, as well as small and large wing components, landing gear, horizontal and vertical stabilizers, and nacelle exhaust systems. The company also provides crown modules, vane box and transition ducts, wing spars, wing ribs, wing skins, access covers, and k...[Read more]

Industry

Aerospace & Defense

IPO Date

1996-05-06

Stock Exchange

TSX

Ticker

MAL.TO

The Current Ratio as of November 2024 (TTM) for Magellan Aerospace Corporation (MAL.TO) is 2.44

According to Magellan Aerospace Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.44. This represents a change of -10.10% compared to the average of 2.71 of the last 4 quarters.

Magellan Aerospace Corporation (MAL.TO) Historical Current Ratio (quarterly & annually)

How has MAL.TO Current Ratio performed in the past?

The mean historical Current Ratio of Magellan Aerospace Corporation over the last ten years is 2.59. The current 2.44 Current Ratio has changed 9.33% with respect to the historical average. Over the past ten years (40 quarters), MAL.TO's Current Ratio was at its highest in in the June 2021 quarter at 3.65. The Current Ratio was at its lowest in in the December 2016 quarter at 1.95.

Quarterly (TTM)
Annual

Average

2.59

Median

2.65

Minimum

1.95

Maximum

3.60

Magellan Aerospace Corporation (MAL.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Magellan Aerospace 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 = 73.22%

Maximum Annual Current Ratio = 3.60

Minimum Annual Increase = -21.65%

Minimum Annual Current Ratio = 1.95

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.82-0.22%
20222.82-21.65%
20213.6013.10%
20203.1817.23%
20192.725.30%
20182.5823.56%
20172.097.04%
20161.95-9.13%
20152.157.65%
20141.9973.22%

Magellan Aerospace Corporation (MAL.TO) Average Current Ratio

How has MAL.TO Current Ratio performed in the past?

The current Current Ratio of Magellan Aerospace Corporation (MAL.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

3.08

5-year avg

3.03

10-year avg

2.59

Magellan Aerospace Corporation (MAL.TO) Current Ratio vs. Peers

How is MAL.TO’s Current Ratio compared to its peers?

Magellan Aerospace Corporation’s Current Ratio is

CompanyCurrent RatioMarket cap

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