Schnitzer Steel Industries, Inc.

Schnitzer Steel Industries, Inc.verified

SCHN

Price:

$33.2

Market Cap:

$906.73M

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company also procures salvaged vehicles and sells serviceable used auto parts from ...[Read more]

Industry

Steel

IPO Date

1993-11-16

Stock Exchange

NASDAQ

Ticker

SCHN

The Current Ratio as of September 2024 (TTM) for Schnitzer Steel Industries, Inc. (SCHN) is 1.96

According to Schnitzer Steel Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.96. This represents a change of 6.64% compared to the average of 1.83 of the last 4 quarters.

Schnitzer Steel Industries, Inc. (SCHN) Historical Current Ratio (quarterly & annually)

How has SCHN Current Ratio performed in the past?

The mean historical Current Ratio of Schnitzer Steel Industries, Inc. over the last ten years is 1.96. The current 1.96 Current Ratio has changed 9.89% with respect to the historical average. Over the past ten years (40 quarters), SCHN's Current Ratio was at its highest in in the May 2020 quarter at 3.95. The Current Ratio was at its lowest in in the August 2021 quarter at 1.54.

Quarterly (TTM)
Annual

Average

1.96

Median

1.76

Minimum

1.54

Maximum

2.68

Schnitzer Steel Industries, Inc. (SCHN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Schnitzer Steel Industries, Inc. 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 = 14.31%

Maximum Annual Current Ratio = 2.68

Minimum Annual Increase = -16.19%

Minimum Annual Current Ratio = 1.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.70-3.44%
20221.7614.31%
20211.54-5.06%
20201.62-6.73%
20191.74-1.26%
20181.76-8.18%
20171.92-14.52%
20162.24-16.19%
20152.682.27%
20142.62-6.94%

Schnitzer Steel Industries, Inc. (SCHN) Average Current Ratio

How has SCHN Current Ratio performed in the past?

The current Current Ratio of Schnitzer Steel Industries, Inc. (SCHN) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.67

5-year avg

1.67

10-year avg

1.96

Schnitzer Steel Industries, Inc. (SCHN) Current Ratio vs. Peers

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

Schnitzer Steel Industries, Inc.’s Current Ratio is less than Olympic Steel, Inc. (3.77), less than Universal Stainless & Alloy Products, Inc. (4.36), greater than Outokumpu Oyj (1.67), less than Usinas Siderúrgicas de Minas Gerais S.A. (3.59), less than TimkenSteel Corporation (2.64), less than Reliance Steel & Aluminum Co. (5.02), less than POSCO Holdings Inc. (2.03), greater than ArcelorMittal S.A. (1.53), less than Ternium S.A. (2.74), less than Mesabi Trust (6.35),

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