Nomad Foods Limited

Nomad Foods Limitedverified

NOMD

Price:

$16.765

Market Cap:

$2.53B

Nomad Foods Limited manufactures, markets, and distributes frozen food products in the United Kingdom, Italy, Germany, France, Sweden, Austria, Norway, Spain, and rest of Europe. The company offers fish products, including fish fingers, coated fish, and natural fish; vegetables, such as peas and spinach; and poultry and meat products comprising nuggets, grills, and burgers. It also provides meals products that include ready to cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice-creams; and other products, such as soups, pizzas, bakery goods, and meat substitutes. The company sells its products to supermarkets and food retail chains directly or through distribution arrange...[Read more]

Industry

Packaged Foods

IPO Date

2015-01-02

Stock Exchange

NYSE

Ticker

NOMD

The Current Ratio as of July 2024 (TTM) for Nomad Foods Limited (NOMD) is 1.14

According to Nomad Foods Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.14. This represents a change of -2.30% compared to the average of 1.16 of the last 4 quarters.

Nomad Foods Limited (NOMD) Historical Current Ratio (quarterly & annually)

How has NOMD Current Ratio performed in the past?

The mean historical Current Ratio of Nomad Foods Limited over the last ten years is 398.57. The current 1.14 Current Ratio has changed -71.45% with respect to the historical average. Over the past ten years (40 quarters), NOMD's Current Ratio was at its highest in in the December 2014 quarter at 3.97K. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

398.57

Median

1.15

Minimum

0.96

Maximum

3.97K

Nomad Foods Limited (NOMD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nomad Foods Limited 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 = Infinity%

Maximum Annual Current Ratio = 3.97K

Minimum Annual Increase = -99.92%

Minimum Annual Current Ratio = 0.96

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.13-4.40%
20221.1923.28%
20210.96-8.91%
20201.06-38.82%
20191.7354.72%
20181.124.50%
20171.07-8.02%
20161.16-64.43%
20153.26-99.92%
20143.97KInfinity%

Nomad Foods Limited (NOMD) Average Current Ratio

How has NOMD Current Ratio performed in the past?

The current Current Ratio of Nomad Foods Limited (NOMD) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.09

5-year avg

1.21

10-year avg

398.57

Nomad Foods Limited (NOMD) Current Ratio vs. Peers

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

Nomad Foods Limited’s Current Ratio is less than Lancaster Colony Corporation (2.32), less than TreeHouse Foods, Inc. (1.52), less than John B. Sanfilippo & Son, Inc. (2.46), less than Seneca Foods Corporation (6.40), less than Seneca Foods Corporation (6.40), less than BellRing Brands, Inc. (2.97), less than Pilgrim's Pride Corporation (1.83), less than Ingredion Incorporated (2.44), less than J&J Snack Foods Corp. (2.41), less than Central Garden & Pet Company (3.33), less than Post Holdings, Inc. (2.16), less than Hostess Brands, Inc. (1.83), less than The Real Good Food Company, Inc. (1.56),

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