Steelcase Inc.

Steelcase Inc.verified

SCS

Price:

$13.31

Market Cap:

$1.52B

Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. It operates through Americas, EMEA, and Other segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, and mobile power and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architec...[Read more]

Industry

Business Equipment & Supplies

IPO Date

1998-02-18

Stock Exchange

NYSE

Ticker

SCS

The Current Ratio as of September 2024 (TTM) for Steelcase Inc. (SCS) is 1.62

According to Steelcase Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.62. This represents a change of 2.08% compared to the average of 1.59 of the last 4 quarters.

Steelcase Inc. (SCS) Historical Current Ratio (quarterly & annually)

How has SCS Current Ratio performed in the past?

The mean historical Current Ratio of Steelcase Inc. over the last ten years is 1.62. The current 1.62 Current Ratio has changed 9.89% with respect to the historical average. Over the past ten years (40 quarters), SCS's Current Ratio was at its highest in in the August 2023 quarter at 2.93. The Current Ratio was at its lowest in in the November 2018 quarter at 1.25.

Quarterly (TTM)
Annual

Average

1.62

Median

1.57

Minimum

1.47

Maximum

2.03

Steelcase Inc. (SCS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Steelcase 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 = 17.97%

Maximum Annual Current Ratio = 2.03

Minimum Annual Increase = -16.69%

Minimum Annual Current Ratio = 1.47

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.587.85%
20231.47-13.35%
20221.69-16.69%
20212.0317.97%
20201.727.96%
20191.593.53%
20181.54-1.65%
20171.576.50%
20161.47-6.32%
20151.57-5.12%

Steelcase Inc. (SCS) Average Current Ratio

How has SCS Current Ratio performed in the past?

The current Current Ratio of Steelcase Inc. (SCS) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.58

5-year avg

1.70

10-year avg

1.62

Steelcase Inc. (SCS) Current Ratio vs. Peers

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

Steelcase Inc.’s Current Ratio is less than Ennis, Inc. (5.74), less than ACCO Brands Corporation (1.77), less than Acacia Research Corporation (11.17), greater than HNI Corporation (1.20),

CompanyCurrent RatioMarket cap
5.74$629.85M
1.77$523.06M
11.17$469.75M
1.20$2.52B

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Frequently asked questions❓

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