Salzgitter AG

Salzgitter AGverified

SZGPY

Price:

$1.63

Market Cap:

$789.85M

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry. The Plate/Section Steel segment produces various high-grade heavy plates for engineering, shipbuilding, and mechanical engineering, as well as trades in scrap. The Mannesmann segment is involved in the manufacture of line pipes, HFI-welded tubes, precision and stainless-steel tubes, and spiral-welded and ...[Read more]

Industry

Steel

IPO Date

2009-10-27

Stock Exchange

PNK

Ticker

SZGPY

The Current Ratio as of September 2024 (TTM) for Salzgitter AG (SZGPY) is 1.73

According to Salzgitter AG’s latest financial reports and current stock price. The company's current Current Ratio is 1.73. This represents a change of -2.55% compared to the average of 1.77 of the last 4 quarters.

Salzgitter AG (SZGPY) Historical Current Ratio (quarterly & annually)

How has SZGPY Current Ratio performed in the past?

The mean historical Current Ratio of Salzgitter AG over the last ten years is 1.98. The current 1.73 Current Ratio has changed 8.59% with respect to the historical average. Over the past ten years (40 quarters), SZGPY's Current Ratio was at its highest in in the June 2016 quarter at 2.37. The Current Ratio was at its lowest in in the December 2021 quarter at 1.64.

Quarterly (TTM)
Annual

Average

1.98

Median

2.00

Minimum

1.64

Maximum

2.37

Salzgitter AG (SZGPY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Salzgitter 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 = 16.65%

Maximum Annual Current Ratio = 2.37

Minimum Annual Increase = -16.44%

Minimum Annual Current Ratio = 1.64

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.79-3.67%
20221.8612.96%
20211.64-14.23%
20201.92-5.55%
20192.03-1.42%
20182.06-13.03%
20172.3716.65%
20162.03-6.87%
20152.1810.91%
20141.97-16.44%

Salzgitter AG (SZGPY) Average Current Ratio

How has SZGPY Current Ratio performed in the past?

The current Current Ratio of Salzgitter AG (SZGPY) 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

1.76

5-year avg

1.85

10-year avg

1.98

Salzgitter AG (SZGPY) Current Ratio vs. Peers

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

Salzgitter AG’s Current Ratio is greater than ArcelorMittal S.A. (1.53), less than Acerinox, S.A. (2.25), greater than Aperam S.A. (1.63), less than Ferrexpo plc (2.11), less than Algoma Steel Group Inc. (4.19), less than BlueScope Steel Limited (1.97), less than Champion Iron Limited (2.42), less than POSCO Holdings Inc. (2.03), less than Ternium S.A. (2.74), less than Friedman Industries, Incorporated (4.19), less than Schnitzer Steel Industries, Inc. (1.96), less than Universal Stainless & Alloy Products, Inc. (4.36), less than Olympic Steel, Inc. (3.77), greater than ArcelorMittal S.A. (1.53), less than Gerdau S.A. (2.83), less than TimkenSteel Corporation (2.64), less than Stelco Holdings Inc. (1.85), less than Grupo Simec, S.A.B. de C.V. (3.59),

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