SOVO
Price:
$22.98
Market Cap:
$2.34B
Sovos Brands, Inc., through its subsidiaries, manufactures and distributes consumer food products in the United States. The company operates in two segments, Dinners & Sauces, and Breakfast & Snacks. It provides pasta sauces, dry pasta, soups, frozen entrees, yogurts, pancake and waffle mixes, other baking mixes, and frozen waffles under the Rao's, Michael Angelo's, noosa, and Birch Benders brands. The company sells its products principally to retail outlets and wholesale distributors, including traditional supermarkets, mass merchants, warehouse clubs, wholesalers, specialty food distributors, military commissaries, and non-food outlets, such as drug store chains, dollar stores, and e-comme...[Read more]
Industry
Packaged Foods
IPO Date
2021-09-23
Stock Exchange
NASDAQ
Ticker
SOVO
According to Sovos Brands, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.90. This represents a change of -5.19% compared to the average of 3.06 of the last 4 quarters.
The mean historical Current Ratio of Sovos Brands, Inc. over the last ten years is 2.19. The current 2.90 Current Ratio has changed 13.16% with respect to the historical average. Over the past ten years (40 quarters), SOVO's Current Ratio was at its highest in in the July 2023 quarter at 3.34. The Current Ratio was at its lowest in in the September 2020 quarter at 0.
Average
2.19
Median
2.11
Minimum
1.49
Maximum
2.90
Discovering the peaks and valleys of Sovos Brands, 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 = 41.56%
Maximum Annual Current Ratio = 2.90
Minimum Annual Increase = -13.25%
Minimum Annual Current Ratio = 1.49
Year | Current Ratio | Change |
---|---|---|
2023 | 2.90 | 7.13% |
2022 | 2.71 | 28.05% |
2021 | 2.11 | 41.56% |
2020 | 1.49 | -13.25% |
The current Current Ratio of Sovos Brands, Inc. (SOVO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.57
5-year avg
2.19
10-year avg
2.19
Sovos Brands, Inc.’s Current Ratio is less than Seneca Foods Corporation (3.83), greater than J&J Snack Foods Corp. (2.27), less than The Simply Good Foods Company (5.19), less than Central Garden & Pet Company (3.66), greater than Nature's Sunshine Products, Inc. (2.39), less than Central Garden & Pet Company (3.66), greater than McCormick & Company, Incorporated (0.69), less than Seneca Foods Corporation (3.83), greater than Lancaster Colony Corporation (2.41), less than Bridgford Foods Corporation (4.28), greater than The Hain Celestial Group, Inc. (1.98), greater than TreeHouse Foods, Inc. (1.44), greater than John B. Sanfilippo & Son, Inc. (2.34),
Company | Current Ratio | Market cap |
---|---|---|
3.83 | $423.26M | |
2.27 | $3.21B | |
5.19 | $3.27B | |
3.66 | $2.31B | |
2.39 | $241.53M | |
3.66 | $2.32B | |
0.69 | $22.52B | |
3.83 | $415.42M | |
2.41 | $4.89B | |
4.28 | $94.04M | |
1.98 | $760.98M | |
1.44 | $2.18B | |
2.34 | $1.11B |
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What is the 5-year average Current Ratio for Sovos Brands, Inc. (SOVO)?
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