Martinrea International Inc.

Martinrea International Inc.verified

MRE.TO

Price:

$10.55

Market Cap:

$780.57M

Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. It offers engine blocks, transmissions, cases, housings, oil coolers, hoses, tube assemblies, oil fillers, tubes, indicators, oil pick-up screens and pipes, heater hose inlets and outlets, and electric motor housings; and front horizontal, rear suspension, and front vertical modules. It also provides evaporator system integrity monitors, DPS lines, EGR tubes, air-injection tubes, and exhaust manifold tubes; fuel filler necks, capless refueling systems, fu...[Read more]

Industry

Auto - Parts

IPO Date

1998-06-03

Stock Exchange

TSX

Ticker

MRE.TO

The Current Ratio as of November 2024 (TTM) for Martinrea International Inc. (MRE.TO) is 1.25

According to Martinrea International Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.25. This represents a change of 3.19% compared to the average of 1.21 of the last 4 quarters.

Martinrea International Inc. (MRE.TO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Martinrea International Inc. over the last ten years is 1.25. The current 1.25 Current Ratio has changed 9.92% with respect to the historical average. Over the past ten years (40 quarters), MRE.TO's Current Ratio was at its highest in in the September 2019 quarter at 1.42. The Current Ratio was at its lowest in in the December 2023 quarter at 1.16.

Quarterly (TTM)
Annual

Average

1.25

Median

1.24

Minimum

1.16

Maximum

1.40

Martinrea International Inc. (MRE.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Martinrea International 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 = 5.35%

Maximum Annual Current Ratio = 1.40

Minimum Annual Increase = -12.72%

Minimum Annual Current Ratio = 1.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.16-0.83%
20221.17-2.43%
20211.20-2.31%
20201.22-12.72%
20191.403.88%
20181.355.35%
20171.281.68%
20161.265.29%
20151.20-4.76%
20141.26-9.07%

Martinrea International Inc. (MRE.TO) Average Current Ratio

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

The current Current Ratio of Martinrea International Inc. (MRE.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.17

5-year avg

1.23

10-year avg

1.25

Martinrea International Inc. (MRE.TO) Current Ratio vs. Peers

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

Martinrea International Inc.’s Current Ratio is less than Linamar Corporation (1.68), greater than Aecon Group Inc. (1.19), less than NFI Group Inc. (1.74), less than Element Fleet Management Corp. (7.64), greater than Tricon Residential Inc. (0.49),

Build a custom stock screener for Martinrea International Inc. (MRE.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Martinrea International Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Martinrea International Inc. (MRE.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Martinrea International Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Martinrea International Inc.'s Current Ratio?

How is the Current Ratio calculated for Martinrea International Inc. (MRE.TO)?

What is the highest Current Ratio for Martinrea International Inc. (MRE.TO)?

What is the 3-year average Current Ratio for Martinrea International Inc. (MRE.TO)?

What is the 5-year average Current Ratio for Martinrea International Inc. (MRE.TO)?

How does the current Current Ratio for Martinrea International Inc. (MRE.TO) compare to its historical average?