Sandvik AB (publ)

Sandvik AB (publ)verified

SAND.ST

Price:

$209.7

Market Cap:

$263.05B

Sandvik AB (publ) operates as an engineering company in the areas of mining and rock excavation, rock processing, manufacturing and machining, and materials technology in Sweden and internationally. The company offers mining and rock solutions, including drill rigs, underground loaders and trucks, rock drills and other tools, and parts and services, as well as digital and sustainability solutions; and rock processing applications, which include crushing, screening, feeding, breaking, demolition, and recycling. It also provides manufacturing solutions, comprising traditional metal cutting under the Sandvik Coromant, Walter, Wolfram, Seco, and Dormer Pramet brands; and manufactures tools and t...[Read more]

Industry

Industrial - Machinery

IPO Date

2000-01-03

Stock Exchange

STO

Ticker

SAND.ST

The Current Ratio as of November 2024 (TTM) for Sandvik AB (publ) (SAND.ST) is 1.63

According to Sandvik AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.63. This represents a change of 0.91% compared to the average of 1.62 of the last 4 quarters.

Sandvik AB (publ) (SAND.ST) Historical Current Ratio (quarterly & annually)

How has SAND.ST Current Ratio performed in the past?

The mean historical Current Ratio of Sandvik AB (publ) over the last ten years is 2.01. The current 1.63 Current Ratio has changed 8.03% with respect to the historical average. Over the past ten years (40 quarters), SAND.ST's Current Ratio was at its highest in in the June 2018 quarter at 2.50. The Current Ratio was at its lowest in in the June 2022 quarter at 1.42.

Quarterly (TTM)
Annual

Average

2.01

Median

2.00

Minimum

1.64

Maximum

2.43

Sandvik AB (publ) (SAND.ST) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sandvik AB (publ) 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 = 24.78%

Maximum Annual Current Ratio = 2.43

Minimum Annual Increase = -27.29%

Minimum Annual Current Ratio = 1.64

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.64-5.27%
20221.734.24%
20211.66-27.29%
20202.293.55%
20192.21-9.13%
20182.434.82%
20172.3222.59%
20161.895.98%
20151.79-15.54%
20142.1224.78%

Sandvik AB (publ) (SAND.ST) Average Current Ratio

How has SAND.ST Current Ratio performed in the past?

The current Current Ratio of Sandvik AB (publ) (SAND.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

1.68

5-year avg

1.91

10-year avg

2.01

Sandvik AB (publ) (SAND.ST) Current Ratio vs. Peers

How is SAND.ST’s Current Ratio compared to its peers?

Sandvik AB (publ)’s Current Ratio is less than AB SKF (publ) (2.01), greater than Alfa Laval AB (publ) (1.38), greater than Atlas Copco AB (1.56), greater than Boliden AB (publ) (1.63), greater than ASSA ABLOY AB (publ) (1.18),

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