Nitto Denko Corporation

Nitto Denko Corporationverified

NDEKY

Price:

$41.09

Market Cap:

$1.62T

Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. It provides double sided tapes, surface protective films, sealing materials/NVH related products, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and packaging tapes. The company also offers functional thermal transfer systems, such as labels, barcode label printers, and label printing software; tapes for electrical and electronic equipment; dust removal products for clean rooms; fluoroplastic sheets and tapes, and fluoroplastic porous films; and ma...[Read more]

Industry

Chemicals - Specialty

IPO Date

2006-01-27

Stock Exchange

PNK

Ticker

NDEKY

The Current Ratio as of September 2024 (TTM) for Nitto Denko Corporation (NDEKY) is 3.32

According to Nitto Denko Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.32. This represents a change of -5.28% compared to the average of 3.51 of the last 4 quarters.

Nitto Denko Corporation (NDEKY) Historical Current Ratio (quarterly & annually)

How has NDEKY Current Ratio performed in the past?

The mean historical Current Ratio of Nitto Denko Corporation over the last ten years is 3.35. The current 3.32 Current Ratio has changed 9.81% with respect to the historical average. Over the past ten years (40 quarters), NDEKY's Current Ratio was at its highest in in the December 2019 quarter at 3.76. The Current Ratio was at its lowest in in the December 2014 quarter at 2.45.

Quarterly (TTM)
Annual

Average

3.35

Median

3.40

Minimum

2.63

Maximum

3.67

Nitto Denko Corporation (NDEKY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nitto Denko 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 = 24.15%

Maximum Annual Current Ratio = 3.67

Minimum Annual Increase = -6.21%

Minimum Annual Current Ratio = 2.63

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.47-3.52%
20233.603.77%
20223.473.87%
20213.34-6.21%
20203.56-3.03%
20193.6710.57%
20183.322.75%
20173.23-1.08%
20163.2724.15%
20152.6315.33%

Nitto Denko Corporation (NDEKY) Average Current Ratio

How has NDEKY Current Ratio performed in the past?

The current Current Ratio of Nitto Denko Corporation (NDEKY) 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

3.51

5-year avg

3.49

10-year avg

3.35

Nitto Denko Corporation (NDEKY) Current Ratio vs. Peers

How is NDEKY’s Current Ratio compared to its peers?

Nitto Denko Corporation’s Current Ratio is greater than The Chemours Company (1.89), greater than International Flavors & Fragrances Inc. (2.38), greater than Air Products and Chemicals, Inc. (1.27), greater than PPG Industries, Inc. (1.49), greater than Linde plc (0.95), greater than Albemarle Corporation (2.67), less than Livent Corporation (3.46), greater than DuPont de Nemours, Inc. (2.21),

Build a custom stock screener for Nitto Denko Corporation (NDEKY) 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 Nitto Denko Corporation 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.

Nitto Denko Corporation (NDEKY) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nitto Denko Corporation 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 Nitto Denko Corporation's Current Ratio?

How is the Current Ratio calculated for Nitto Denko Corporation (NDEKY)?

What is the highest Current Ratio for Nitto Denko Corporation (NDEKY)?

What is the 3-year average Current Ratio for Nitto Denko Corporation (NDEKY)?

What is the 5-year average Current Ratio for Nitto Denko Corporation (NDEKY)?

How does the current Current Ratio for Nitto Denko Corporation (NDEKY) compare to its historical average?