Spirent Communications plc

Spirent Communications plcverified

SPT.L

Price:

$171

Market Cap:

$1.30B

Spirent Communications plc provides automated test and assurance solutions for networks, cybersecurity, and positioning in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in Lifecycle Service Assurance and Networks & Security segments. The Lifecycle Service Assurance segment provides testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices in the lab, as well as diagnoses, troubleshoots, and resolves issues with production networks and services. The Networks & Security segment develops test methodologies, tools, and services for virtualised networks, cloud, and proactive security validation; and offers Ethernet/IP performance tes...[Read more]

Industry

Software - Infrastructure

IPO Date

1988-07-01

Stock Exchange

LSE

Ticker

SPT.L

The Current Ratio as of September 2024 (TTM) for Spirent Communications plc (SPT.L) is 1.82

According to Spirent Communications plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.82. This represents a change of -3.89% compared to the average of 1.89 of the last 4 quarters.

Spirent Communications plc (SPT.L) Historical Current Ratio (quarterly & annually)

How has SPT.L Current Ratio performed in the past?

The mean historical Current Ratio of Spirent Communications plc over the last ten years is 2.10. The current 1.82 Current Ratio has changed 8.58% with respect to the historical average. Over the past ten years (40 quarters), SPT.L's Current Ratio was at its highest in in the June 2013 quarter at 3.35. The Current Ratio was at its lowest in in the June 2023 quarter at 1.65.

Quarterly (TTM)
Annual

Average

2.10

Median

2.08

Minimum

1.86

Maximum

2.56

Spirent Communications plc (SPT.L) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Spirent Communications plc 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 = 13.59%

Maximum Annual Current Ratio = 2.56

Minimum Annual Increase = -25.67%

Minimum Annual Current Ratio = 1.86

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.93-11.21%
20222.174.11%
20212.09-18.45%
20202.5613.59%
20192.251.42%
20182.227.11%
20172.079.06%
20161.90-0.20%
20151.902.56%
20141.86-25.67%

Spirent Communications plc (SPT.L) Average Current Ratio

How has SPT.L Current Ratio performed in the past?

The current Current Ratio of Spirent Communications plc (SPT.L) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.06

5-year avg

2.20

10-year avg

2.10

Spirent Communications plc (SPT.L) Current Ratio vs. Peers

How is SPT.L’s Current Ratio compared to its peers?

Spirent Communications plc’s Current Ratio is less than Spectris plc (2.36), less than Renishaw plc (6.17), less than Rotork plc (3.21), less than Victrex plc (5.30), greater than Computacenter plc (1.26),

CompanyCurrent RatioMarket cap
2.36$2.67B
6.17$2.47B
3.21$2.80B
5.30$801.76M
1.26$2.73B

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