Preformed Line Products Company

Preformed Line Products Companyverified

PLPC

Price:

$115.38

Market Cap:

$566.94M

Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable operator, information, and other industries. The company offers formed wire products to support, protect, terminate, and secure power conductor and communication cables, as well as to control cable dynamics; and hardware products to support and protect transmission conductors, spacers, spacer-dampers, stockbridge dampers, corona suppression devices, and various compression fittings for dead-end applications. It also provides protective clos...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

1999-04-28

Stock Exchange

NASDAQ

Ticker

PLPC

The Current Ratio as of September 2024 (TTM) for Preformed Line Products Company (PLPC) is 2.93

According to Preformed Line Products Company’s latest financial reports and current stock price. The company's current Current Ratio is 2.93. This represents a change of 2.10% compared to the average of 2.87 of the last 4 quarters.

Preformed Line Products Company (PLPC) Historical Current Ratio (quarterly & annually)

How has PLPC Current Ratio performed in the past?

The mean historical Current Ratio of Preformed Line Products Company over the last ten years is 3.07. The current 2.93 Current Ratio has changed 9.45% with respect to the historical average. Over the past ten years (40 quarters), PLPC's Current Ratio was at its highest in in the March 2015 quarter at 3.92. The Current Ratio was at its lowest in in the September 2021 quarter at 2.37.

Quarterly (TTM)
Annual

Average

3.07

Median

3.00

Minimum

2.47

Maximum

3.63

Preformed Line Products Company (PLPC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Preformed Line Products Company 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 = 10.35%

Maximum Annual Current Ratio = 3.63

Minimum Annual Increase = -13.68%

Minimum Annual Current Ratio = 2.47

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.922.55%
20222.8510.35%
20212.584.39%
20202.47-13.68%
20192.86-7.21%
20183.08-6.46%
20173.30-3.33%
20163.41-6.12%
20153.630.16%
20143.631.96%

Preformed Line Products Company (PLPC) Average Current Ratio

How has PLPC Current Ratio performed in the past?

The current Current Ratio of Preformed Line Products Company (PLPC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

2.78

5-year avg

2.73

10-year avg

3.07

Preformed Line Products Company (PLPC) Current Ratio vs. Peers

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

Preformed Line Products Company’s Current Ratio is greater than Kimball Electronics, Inc. (2.26), greater than nVent Electric plc (2.18), less than Espey Mfg. & Electronics Corp. (3.65), greater than Hubbell Incorporated (1.81), greater than Energizer Holdings, Inc. (1.99), less than Hollysys Automation Technologies Ltd. (3.02), greater than Acuity Brands, Inc. (2.77), less than NeoVolta Inc. (0), less than Advanced Energy Industries, Inc. (342.35), less than EnerSys (5.47), greater than null (2.70),

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