NDEKY
Price:
$16.08
Market Cap:
$1.72T
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
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.
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.
Average
3.35
Median
3.40
Minimum
2.63
Maximum
3.67
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
Year | Current Ratio | Change |
---|---|---|
2024 | 3.47 | -3.52% |
2023 | 3.60 | 3.77% |
2022 | 3.47 | 3.87% |
2021 | 3.34 | -6.21% |
2020 | 3.56 | -3.03% |
2019 | 3.67 | 10.57% |
2018 | 3.32 | 2.75% |
2017 | 3.23 | -1.08% |
2016 | 3.27 | 24.15% |
2015 | 2.63 | 15.33% |
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’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. (1.58), greater than Linde plc (0.96), greater than Albemarle Corporation (2.67), less than Livent Corporation (3.46), greater than DuPont de Nemours, Inc. (2.21),
Company | Current Ratio | Market cap |
---|---|---|
1.89 | $3.10B | |
2.38 | $25.30B | |
1.27 | $67.90B | |
1.58 | $28.89B | |
0.96 | $217.54B | |
2.67 | $11.83B | |
3.46 | $2.97B | |
2.21 | $34.14B |
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