Solvay SA

Solvay SAverified

SOLB.BR

Price:

$37.56

Market Cap:

$3.94B

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aircraft, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to...[Read more]

Industry

Chemicals

IPO Date

2001-06-18

Stock Exchange

EURONEXT

Ticker

SOLB.BR

The Current Ratio as of November 2024 (TTM) for Solvay SA (SOLB.BR) is 1.37

According to Solvay SA’s latest financial reports and current stock price. The company's current Current Ratio is 1.37. This represents a change of 8.57% compared to the average of 1.26 of the last 4 quarters.

Solvay SA (SOLB.BR) Historical Current Ratio (quarterly & annually)

How has SOLB.BR Current Ratio performed in the past?

The mean historical Current Ratio of Solvay SA over the last ten years is 1.43. The current 1.37 Current Ratio has changed 9.48% with respect to the historical average. Over the past ten years (40 quarters), SOLB.BR's Current Ratio was at its highest in in the September 2020 quarter at 1.80. The Current Ratio was at its lowest in in the September 2015 quarter at 1.17.

Quarterly (TTM)
Annual

Average

1.43

Median

1.45

Minimum

1.24

Maximum

1.68

Solvay SA (SOLB.BR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Solvay SA 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 = 20.64%

Maximum Annual Current Ratio = 1.68

Minimum Annual Increase = -27.61%

Minimum Annual Current Ratio = 1.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.24-13.72%
20221.4416.16%
20211.24-23.55%
20201.625.40%
20191.53-9.00%
20181.6814.82%
20171.4711.23%
20161.32-13.61%
20151.5320.64%
20141.27-27.61%

Solvay SA (SOLB.BR) Average Current Ratio

How has SOLB.BR Current Ratio performed in the past?

The current Current Ratio of Solvay SA (SOLB.BR) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.30

5-year avg

1.41

10-year avg

1.43

Solvay SA (SOLB.BR) Current Ratio vs. Peers

How is SOLB.BR’s Current Ratio compared to its peers?

Solvay SA’s Current Ratio is

CompanyCurrent RatioMarket cap

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