Nidec Corporation

Nidec Corporationverified

NNDNF

Price:

$42.35

Market Cap:

$3.42T

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment, inspection and measuring equipment, electronic devices, sensors, and other products. Its products are used for applications in robotics, IoT products, automotive components, home appliances, logistics/agriculture, information technology, office automation, mobile devices and optical components, medical and health care products, housing equip...[Read more]

Industry

Industrial - Machinery

IPO Date

2012-01-17

Stock Exchange

PNK

Ticker

NNDNF

The Current Ratio as of September 2024 (TTM) for Nidec Corporation (NNDNF) is 1.73

According to Nidec Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.73. This represents a change of 9.46% compared to the average of 1.58 of the last 4 quarters.

Nidec Corporation (NNDNF) Historical Current Ratio (quarterly & annually)

How has NNDNF Current Ratio performed in the past?

The mean historical Current Ratio of Nidec Corporation over the last ten years is 1.69. The current 1.73 Current Ratio has changed 10.13% with respect to the historical average. Over the past ten years (40 quarters), NNDNF's Current Ratio was at its highest in in the September 2017 quarter at 2.09. The Current Ratio was at its lowest in in the June 2022 quarter at 1.32.

Quarterly (TTM)
Annual

Average

1.69

Median

1.67

Minimum

1.34

Maximum

2.05

Nidec Corporation (NNDNF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nidec 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 = 37.09%

Maximum Annual Current Ratio = 2.05

Minimum Annual Increase = -22.79%

Minimum Annual Current Ratio = 1.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.614.61%
20231.54-5.45%
20221.6321.41%
20211.34-22.79%
20201.730.69%
20191.72-15.99%
20182.0537.09%
20171.50-17.81%
20161.82-9.27%
20152.01-8.02%

Nidec Corporation (NNDNF) Average Current Ratio

How has NNDNF Current Ratio performed in the past?

The current Current Ratio of Nidec Corporation (NNDNF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.59

5-year avg

1.57

10-year avg

1.69

Nidec Corporation (NNDNF) Current Ratio vs. Peers

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

Nidec Corporation’s Current Ratio is less than Yokogawa Electric Corporation (2.46), less than Daifuku Co., Ltd. (2.43), less than Nidec Corporation (1.73), greater than Siemens Aktiengesellschaft (1.40), greater than Eaton Corporation plc (1.56), less than Yokogawa Electric Corporation (2.46), greater than BrewBilt Manufacturing Inc. (0.17), greater than Vestas Wind Systems A/S (0.97), greater than Siemens Energy AG (0.91), greater than Nordex SE (0.99), less than Fanuc Corporation (7.06), greater than Schneider Electric S.E. (1.21), greater than Vestas Wind Systems A/S (0.97), less than Fanuc Corporation (7.06),

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