The Shyft Group, Inc.

The Shyft Group, Inc.verified

SHYF

Price:

$12.81

Market Cap:

$441.47M

The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment manufactures and sells commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit se...[Read more]

Industry

Agricultural - Machinery

IPO Date

1984-06-19

Stock Exchange

NASDAQ

Ticker

SHYF

The Current Ratio as of September 2024 (TTM) for The Shyft Group, Inc. (SHYF) is 1.86

According to The Shyft Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.86. This represents a change of 7.87% compared to the average of 1.73 of the last 4 quarters.

The Shyft Group, Inc. (SHYF) Historical Current Ratio (quarterly & annually)

How has SHYF Current Ratio performed in the past?

The mean historical Current Ratio of The Shyft Group, Inc. over the last ten years is 1.86. The current 1.86 Current Ratio has changed 9.93% with respect to the historical average. Over the past ten years (40 quarters), SHYF's Current Ratio was at its highest in in the December 2014 quarter at 2.66. The Current Ratio was at its lowest in in the March 2021 quarter at 1.46.

Quarterly (TTM)
Annual

Average

1.86

Median

1.75

Minimum

1.57

Maximum

2.66

The Shyft Group, Inc. (SHYF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of The Shyft Group, 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 = 8.37%

Maximum Annual Current Ratio = 2.66

Minimum Annual Increase = -17.77%

Minimum Annual Current Ratio = 1.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.57-8.67%
20221.72-0.18%
20211.722.88%
20201.674.54%
20191.60-9.91%
20181.78-1.94%
20171.81-2.02%
20161.85-15.47%
20152.19-17.77%
20142.668.37%

The Shyft Group, Inc. (SHYF) Average Current Ratio

How has SHYF Current Ratio performed in the past?

The current Current Ratio of The Shyft Group, Inc. (SHYF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.67

5-year avg

1.66

10-year avg

1.86

The Shyft Group, Inc. (SHYF) Current Ratio vs. Peers

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

The Shyft Group, Inc.’s Current Ratio is less than Astec Industries, Inc. (0), less than Hyster-Yale Materials Handling, Inc. (2.49), greater than Manitex International, Inc. (1.31), greater than REV Group, Inc. (1.55), greater than Lindsay Corporation (1.85), less than Columbus McKinnon Corporation (3.95), less than AGCO Corporation (2.07), greater than Titan International, Inc. (1.52), less than The Manitowoc Company, Inc. (2.40), less than Oshkosh Corporation (1.89), greater than Terex Corporation (1.45), less than Alamo Group Inc. (2.21), less than null (4.37),

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