Martinrea International Inc.
MRE.TO
Price:
$11.71
Market Cap:
$876.07M
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 September 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.
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
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.16 | -0.83% |
| 2022 | 1.17 | -2.43% |
| 2021 | 1.20 | -2.31% |
| 2020 | 1.22 | -12.72% |
| 2019 | 1.40 | 3.88% |
| 2018 | 1.35 | 5.35% |
| 2017 | 1.28 | 1.68% |
| 2016 | 1.26 | 5.29% |
| 2015 | 1.20 | -4.76% |
| 2014 | 1.26 | -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. (1.23), less than NFI Group Inc. (1.74), less than Element Fleet Management Corp. (7.64), greater than Tricon Residential Inc. (0.49),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.68 | $3.86B | |
| 1.23 | $1.27B | |
| 1.74 | $2.23B | |
| 7.64 | $11.47B | |
| 0.49 | $4.18B |
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