Neogen Corporation

Neogen Corporationverified

NEOG

Price:

$14.43

Market Cap:

$3.13B

Neogen Corporation, together with its subsidiaries, develops, manufactures, and markets various products for food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed, including foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test to detect the presence of adenosine triphosphate, a chemical found in living cells. This s...[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

1989-08-23

Stock Exchange

NASDAQ

Ticker

NEOG

The Current Ratio as of November 2024 (TTM) for Neogen Corporation (NEOG) is 4.41

According to Neogen Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 4.41. This represents a change of 13.16% compared to the average of 3.89 of the last 4 quarters.

Neogen Corporation (NEOG) Historical Current Ratio (quarterly & annually)

How has NEOG Current Ratio performed in the past?

The mean historical Current Ratio of Neogen Corporation over the last ten years is 8.54. The current 4.41 Current Ratio has changed 5.06% with respect to the historical average. Over the past ten years (40 quarters), NEOG's Current Ratio was at its highest in in the February 2020 quarter at 13.16. The Current Ratio was at its lowest in in the November 2023 quarter at 3.54.

Quarterly (TTM)
Annual

Average

8.54

Median

8.91

Minimum

3.82

Maximum

11.75

Neogen Corporation (NEOG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Neogen 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 = 20.99%

Maximum Annual Current Ratio = 11.75

Minimum Annual Increase = -49.98%

Minimum Annual Current Ratio = 3.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.82-5.20%
20234.03-49.98%
20228.05-27.03%
202111.03-0.44%
202011.08-5.69%
201911.7520.99%
20189.7119.37%
20178.14-6.92%
20168.74-3.75%
20159.0820.14%

Neogen Corporation (NEOG) Average Current Ratio

How has NEOG Current Ratio performed in the past?

The current Current Ratio of Neogen Corporation (NEOG) 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

5.30

5-year avg

7.60

10-year avg

8.54

Neogen Corporation (NEOG) Current Ratio vs. Peers

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

Neogen Corporation’s Current Ratio is greater than Qiagen N.V. (1.77), less than Olink Holding AB (publ) (5.60), less than Aclaris Therapeutics, Inc. (7.50), greater than Syneos Health, Inc. (1.20), greater than IQVIA Holdings Inc. (0.81), greater than Medpace Holdings, Inc. (0.99), greater than ICON Public Limited Company (1.34), greater than Sotera Health Company (2.93), greater than RadNet, Inc. (2.12), greater than Myriad Genetics, Inc. (1.27), greater than Genetron Holdings Limited (1.82), less than FONAR Corporation (7.86), greater than Exagen Inc. (4.32), greater than Sera Prognostics, Inc. (2.08), greater than Burning Rock Biotech Limited (3.11),

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