NTEK-B.ST
Price:
$58
Market Cap:
$604.72M
Novotek AB delivers solutions in the industrial IT and automation areas. The company designs, implements, deploys, and maintains its customers' systems for production management and control. It operates in Nordic, Benelux countries, Switzerland, the United Kingdom, and Ireland. The company was incorporated in 1955 and is headquartered in Malmö, Sweden.[Read more]
Industry
Information Technology Services
IPO Date
2000-01-03
Stock Exchange
STO
Ticker
NTEK-B.ST
According to Novotek AB’s latest financial reports and current stock price. The company's current Current Ratio is 1.40. This represents a change of -3.23% compared to the average of 1.44 of the last 4 quarters.
The mean historical Current Ratio of Novotek AB over the last ten years is 1.58. The current 1.40 Current Ratio has changed 8.75% with respect to the historical average. Over the past ten years (40 quarters), NTEK-B.ST's Current Ratio was at its highest in in the September 2016 quarter at 2.08. The Current Ratio was at its lowest in in the December 2022 quarter at 1.35.
Average
1.58
Median
1.61
Minimum
1.35
Maximum
1.76
Discovering the peaks and valleys of Novotek AB 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 = 8.38%
Maximum Annual Current Ratio = 1.76
Minimum Annual Increase = -19.98%
Minimum Annual Current Ratio = 1.35
Year | Current Ratio | Change |
---|---|---|
2023 | 1.37 | 1.31% |
2022 | 1.35 | -19.98% |
2021 | 1.69 | -0.35% |
2020 | 1.70 | 8.38% |
2019 | 1.57 | 4.70% |
2018 | 1.50 | 0.96% |
2017 | 1.48 | -15.98% |
2016 | 1.76 | 3.33% |
2015 | 1.71 | 2.70% |
2014 | 1.66 | 2.99% |
The current Current Ratio of Novotek AB (NTEK-B.ST) 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
1.47
5-year avg
1.54
10-year avg
1.58
Novotek AB’s Current Ratio is less than Softronic AB (publ) (2.05), greater than Prevas AB (1.26), greater than Formpipe Software AB (publ) (0.59), greater than Dedicare AB (publ) (1.32), less than NOTE AB (publ) (1.75),
Company | Current Ratio | Market cap |
---|---|---|
2.05 | $1.24B | |
1.26 | $1.31B | |
0.59 | $1.40B | |
1.32 | $557.25M | |
1.75 | $3.95B |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Novotek AB (NTEK-B.ST)?
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