Recordati Industria Chimica e Farmaceutica S.p.A.

Recordati Industria Chimica e Farmaceutica S.p.A.verified

REC.MI

Price:

$50.55

Market Cap:

$10.43B

Recordati Industria Chimica e Farmaceutica S.p.A., together with its subsidiaries, engages in the research, development, manufacture, marketing, and sale of pharmaceuticals worldwide. The company offers pharmaceuticals in various therapeutic areas, including cardiovascular, dermatology, over the counter/non-prescription pharmaceuticals, urology, anti-infectives, central nervous system, gastrointestinal, gynecology and obstetrics, musculo-skeletal disorders and analgesia, nutrition and related products, cosmetics, dietary supplements, medical devices, allergy, endocrinology, respiratory, pain management/inflammation, generics, antipyretics and cold preparations, and oncology, as well as ear, ...[Read more]

Industry

Drug Manufacturers - General

IPO Date

1995-03-28

Stock Exchange

MIL

Ticker

REC.MI

The Current Ratio as of September 2024 (TTM) for Recordati Industria Chimica e Farmaceutica S.p.A. (REC.MI) is 1.40

According to Recordati Industria Chimica e Farmaceutica S.p.A.’s latest financial reports and current stock price. The company's current Current Ratio is 1.40. This represents a change of 7.06% compared to the average of 1.31 of the last 4 quarters.

Recordati Industria Chimica e Farmaceutica S.p.A. (REC.MI) Historical Current Ratio (quarterly & annually)

How has REC.MI Current Ratio performed in the past?

The mean historical Current Ratio of Recordati Industria Chimica e Farmaceutica S.p.A. over the last ten years is 1.59. The current 1.40 Current Ratio has changed 8.72% with respect to the historical average. Over the past ten years (40 quarters), REC.MI's Current Ratio was at its highest in in the September 2019 quarter at 2.70. The Current Ratio was at its lowest in in the December 2023 quarter at 1.20.

Quarterly (TTM)
Annual

Average

1.59

Median

1.40

Minimum

1.20

Maximum

2.17

Recordati Industria Chimica e Farmaceutica S.p.A. (REC.MI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Recordati Industria Chimica e Farmaceutica S.p.A. 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 = 64.40%

Maximum Annual Current Ratio = 2.17

Minimum Annual Increase = -30.77%

Minimum Annual Current Ratio = 1.20

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.20-6.65%
20221.28-5.39%
20211.361.56%
20201.34-3.13%
20191.38-3.29%
20181.43-30.77%
20172.0616.14%
20161.77-18.44%
20152.1712.78%
20141.9364.40%

Recordati Industria Chimica e Farmaceutica S.p.A. (REC.MI) Average Current Ratio

How has REC.MI Current Ratio performed in the past?

The current Current Ratio of Recordati Industria Chimica e Farmaceutica S.p.A. (REC.MI) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.28

5-year avg

1.31

10-year avg

1.59

Recordati Industria Chimica e Farmaceutica S.p.A. (REC.MI) Current Ratio vs. Peers

How is REC.MI’s Current Ratio compared to its peers?

Recordati Industria Chimica e Farmaceutica S.p.A.’s Current Ratio is less than DiaSorin S.p.A. (3.12), less than Davide Campari-Milano N.V. (2.61), greater than Brembo S.p.A. (1.29), greater than Amplifon S.p.A. (0.46), greater than Prysmian S.p.A. (1.19),

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Frequently asked questions❓

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What is the 5-year average Current Ratio for Recordati Industria Chimica e Farmaceutica S.p.A. (REC.MI)?

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