New Wave Group AB (publ)

New Wave Group AB (publ)verified

NEWA-B.ST

Price:

$110.4

Market Cap:

$15.42B

New Wave Group AB (publ) designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Central Europe, rest of Nordiac countries, Southern Europe, and internationally. The company operates through segments: Corporate, Sports & Leisure, and Gifts & Home Furnishings. The Corporate segment offers promo wear products, such as clothes for printing and embroidery, as well as leisure, work, and sports clothes; promotional gifts, including pens, power banks, gift cards, bags, bed linens, and towels; and a range of work wear products comprising underwear, outer garments, reflective clothing, flame protective, and access...[Read more]

Industry

Specialty Retail

IPO Date

2000-01-03

Stock Exchange

STO

Ticker

NEWA-B.ST

The Current Ratio as of November 2024 (TTM) for New Wave Group AB (publ) (NEWA-B.ST) is 4.02

According to New Wave Group AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 4.02. This represents a change of -2.80% compared to the average of 4.14 of the last 4 quarters.

New Wave Group AB (publ) (NEWA-B.ST) Historical Current Ratio (quarterly & annually)

How has NEWA-B.ST Current Ratio performed in the past?

The mean historical Current Ratio of New Wave Group AB (publ) over the last ten years is 3.58. The current 4.02 Current Ratio has changed 11.14% with respect to the historical average. Over the past ten years (40 quarters), NEWA-B.ST's Current Ratio was at its highest in in the September 2015 quarter at 5.16. The Current Ratio was at its lowest in in the December 2021 quarter at 2.72.

Quarterly (TTM)
Annual

Average

3.58

Median

3.53

Minimum

2.72

Maximum

4.89

New Wave Group AB (publ) (NEWA-B.ST) Current Ratio by Quarter and Year

Discovering the peaks and valleys of New Wave Group AB (publ) 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 = 26.42%

Maximum Annual Current Ratio = 4.89

Minimum Annual Increase = -26.44%

Minimum Annual Current Ratio = 2.72

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.9726.42%
20223.1415.60%
20212.72-21.85%
20203.487.75%
20193.2310.97%
20182.91-25.82%
20173.92-0.69%
20163.959.75%
20153.59-26.44%
20144.8911.73%

New Wave Group AB (publ) (NEWA-B.ST) Average Current Ratio

How has NEWA-B.ST Current Ratio performed in the past?

The current Current Ratio of New Wave Group AB (publ) (NEWA-B.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.27

5-year avg

3.30

10-year avg

3.58

New Wave Group AB (publ) (NEWA-B.ST) Current Ratio vs. Peers

How is NEWA-B.ST’s Current Ratio compared to its peers?

New Wave Group AB (publ)’s Current Ratio is greater than Hexatronic Group AB (publ) (2.20), greater than Inwido AB (publ) (1.03), greater than Lindab International AB (publ) (1.87), greater than Byggmax Group AB (publ) (0.70), greater than Bilia AB (publ) (1.18),

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