Morgan Advanced Materials plc
MGAM.L
Price:
$274
Market Cap:
$781.32M
Morgan Advanced Materials plc operates as a materials science and application engineering company primarily the United Kingdom. It offers high-temperature insulating fibers, microporous, firebrick and insulating firebrick, monolithic, heat shields, and fired refractory shape products; crucibles, foundry and ferrous products, and furnace industries furnace ranges; and seals and bearings, such as face seals, split and segmented seals, sliding bearings, shafts, rotary vane pump components, and sliding valve components. The company also provides carbon brushes and collectors, brush holders, power slip rings, terminal blocks, diagnostic equipment, carbon current collection strips, shaft grounding...[Read more]
Industry
Industrial - Machinery
IPO Date
1988-07-01
Stock Exchange
LSE
Ticker
MGAM.L
The Current Ratio as of September 2024 (TTM) for Morgan Advanced Materials plc (MGAM.L) is 2.19
According to Morgan Advanced Materials plc’s latest financial reports and current stock price. The company's current Current Ratio is 2.19. This represents a change of 10.07% compared to the average of 1.99 of the last 4 quarters.
Morgan Advanced Materials plc (MGAM.L) Historical Current Ratio (quarterly & annually)
How has MGAM.L Current Ratio performed in the past?
The mean historical Current Ratio of Morgan Advanced Materials plc over the last ten years is 1.59. The current 2.19 Current Ratio has changed 13.63% with respect to the historical average. Over the past ten years (40 quarters), MGAM.L's Current Ratio was at its highest in in the June 2024 quarter at 2.19. The Current Ratio was at its lowest in in the March 2009 quarter at 0.
Average
1.59
Median
1.53
Minimum
1.24
Maximum
2.06
Morgan Advanced Materials plc (MGAM.L) Current Ratio by Quarter and Year
Discovering the peaks and valleys of Morgan Advanced Materials plc 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 = 26.97%
Maximum Annual Current Ratio = 2.06
Minimum Annual Increase = -28.97%
Minimum Annual Current Ratio = 1.24
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 2.06 | 17.83% |
| 2022 | 1.75 | -7.41% |
| 2021 | 1.89 | 26.97% |
| 2020 | 1.49 | 8.38% |
| 2019 | 1.37 | 2.04% |
| 2018 | 1.35 | -9.51% |
| 2017 | 1.49 | 20.29% |
| 2016 | 1.24 | -28.97% |
| 2015 | 1.74 | 10.84% |
| 2014 | 1.57 | 2.88% |
Morgan Advanced Materials plc (MGAM.L) Average Current Ratio
How has MGAM.L Current Ratio performed in the past?
The current Current Ratio of Morgan Advanced Materials plc (MGAM.L) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.90
5-year avg
1.71
10-year avg
1.59
Morgan Advanced Materials plc (MGAM.L) Current Ratio vs. Peers
How is MGAM.L’s Current Ratio compared to its peers?
Morgan Advanced Materials plc’s Current Ratio is greater than Vesuvius plc (1.57), greater than Synthomer plc (1.90), greater than Bodycote plc (0.81), less than Spectris plc (2.36), less than Rotork plc (3.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.57 | $1.01B | |
| 1.90 | $363.88M | |
| 0.81 | $1.10B | |
| 2.36 | $2.68B | |
| 3.21 | $2.80B |
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