Sonova Holding AG

Sonova Holding AGverified

SONVY

Price:

$70.18

Market Cap:

$17.78B

Sonova Holding AG designs, develops, manufactures, and distributes hearing care solutions for adults and children. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The company offers wireless communication products; rechargeable hearing aids; wireless headsets, speech enhanced hearables, audiophile headphones, microphones, and wireless transmission systems; and audiological care services. It also provides hearing instruments under the Phonak, Unitron, and Hansaton brand names; cochlear implants under the Advanced Bionics brand; consumer hearing products under the Sennheiser brand; and audiological care services under the AudioNova, Audium, Audition Santé,...[Read more]

Industry

Medical - Devices

IPO Date

2011-04-06

Stock Exchange

PNK

Ticker

SONVY

The Current Ratio as of September 2024 (TTM) for Sonova Holding AG (SONVY) is 1.45

According to Sonova Holding AG’s latest financial reports and current stock price. The company's current Current Ratio is 1.45. This represents a change of 9.06% compared to the average of 1.33 of the last 4 quarters.

Sonova Holding AG (SONVY) Historical Current Ratio (quarterly & annually)

How has SONVY Current Ratio performed in the past?

The mean historical Current Ratio of Sonova Holding AG over the last ten years is 1.62. The current 1.45 Current Ratio has changed 8.88% with respect to the historical average. Over the past ten years (40 quarters), SONVY's Current Ratio was at its highest in in the September 2020 quarter at 2.57. The Current Ratio was at its lowest in in the September 2016 quarter at 0.68.

Quarterly (TTM)
Annual

Average

1.62

Median

1.60

Minimum

1.10

Maximum

2.16

Sonova Holding AG (SONVY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sonova Holding AG 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 = 88.92%

Maximum Annual Current Ratio = 2.16

Minimum Annual Increase = -47.28%

Minimum Annual Current Ratio = 1.10

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.455.99%
20231.3724.30%
20221.10-47.28%
20212.0988.92%
20201.11-13.10%
20191.27-26.79%
20181.74-7.19%
20171.87-6.40%
20162.00-7.31%
20152.1611.11%

Sonova Holding AG (SONVY) Average Current Ratio

How has SONVY Current Ratio performed in the past?

The current Current Ratio of Sonova Holding AG (SONVY) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.31

5-year avg

1.42

10-year avg

1.62

Sonova Holding AG (SONVY) Current Ratio vs. Peers

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

Sonova Holding AG’s Current Ratio is greater than GN Store Nord A/S (0.68), greater than GN Store Nord A/S (0.68), less than Bone Biologics Corporation (11.22), less than Eargo, Inc. (3.22), less than Smith & Nephew plc (2.51), less than Medtronic plc (2.13), greater than Demant A/S (1.42), less than CONMED Corporation (2.34), less than iCAD, Inc. (4.24),

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