MTY Food Group Inc.

MTY Food Group Inc.verified

MTY.TO

Price:

$44.21

Market Cap:

$1.05B

MTY Food Group Inc. franchises and operates quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. The company also sells retail products under a multitude of banners. As of November 30, 2021, the company had 6,719 locations comprising 6,603 franchised, 23 joint ventures, and 93 corporate locations. The company was formerly known as iNsu Innovations Group Inc. and changed its name to MTY Food Group Inc. in July 2003. MTY Food Group Inc. was founded in 1979 and is headquartered in Saint-Laurent, Canada.[Read more]

Industry

Restaurants

IPO Date

2010-05-13

Stock Exchange

TSX

Ticker

MTY.TO

The Current Ratio as of September 2024 (TTM) for MTY Food Group Inc. (MTY.TO) is 0.64

According to MTY Food Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.64. This represents a change of 2.00% compared to the average of 0.63 of the last 4 quarters.

MTY Food Group Inc. (MTY.TO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of MTY Food Group Inc. over the last ten years is 0.65. The current 0.64 Current Ratio has changed 9.73% with respect to the historical average. Over the past ten years (40 quarters), MTY.TO's Current Ratio was at its highest in in the May 2016 quarter at 1.46. The Current Ratio was at its lowest in in the August 2016 quarter at 0.41.

Quarterly (TTM)
Annual

Average

0.65

Median

0.60

Minimum

0.45

Maximum

1.14

MTY Food Group Inc. (MTY.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MTY Food Group 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 = 53.74%

Maximum Annual Current Ratio = 1.14

Minimum Annual Increase = -55.72%

Minimum Annual Current Ratio = 0.45

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.644.97%
20220.61-6.69%
20210.6513.85%
20200.57-4.70%
20190.6033.26%
20180.45-23.77%
20170.5917.14%
20160.50-55.72%
20151.1453.74%
20140.745.41%

MTY Food Group Inc. (MTY.TO) Average Current Ratio

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

The current Current Ratio of MTY Food Group Inc. (MTY.TO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.63

5-year avg

0.61

10-year avg

0.65

MTY Food Group Inc. (MTY.TO) Current Ratio vs. Peers

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

MTY Food Group Inc.’s Current Ratio is less than Restaurant Brands International Inc. (0.78), less than Enghouse Systems Limited (1.69), less than Metro Inc. (1.10), less than BRP Inc. (1.32), less than goeasy Ltd. (26.84),

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Frequently asked questions❓

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