TECH
Price:
$71.49
Market Cap:
$11.34B
Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research and clinical diagnostic markets worldwide. The company operates through two segments, Protein Sciences, and Diagnostics and Genomics. The Protein Sciences segment develops and manufactures biological reagents used in various aspects of life science research, diagnostics, and cell and gene therapy, such as cytokines and growth factors, antibodies, small molecules, tissue culture sera, and cell selection technologies. This segment also offers proteomic analytical tools for automated western blot and multiplexed ELISA workflow consists of ma...[Read more]
Industry
Biotechnology
IPO Date
1989-02-09
Stock Exchange
NASDAQ
Ticker
TECH
According to Bio-Techne Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.87. This represents a change of -8.57% compared to the average of 4.24 of the last 4 quarters.
The mean historical Current Ratio of Bio-Techne Corporation over the last ten years is 4.30. The current 3.87 Current Ratio has changed 8.91% with respect to the historical average. Over the past ten years (40 quarters), TECH's Current Ratio was at its highest in in the March 2015 quarter at 7.65. The Current Ratio was at its lowest in in the March 2017 quarter at 2.15.
Average
4.30
Median
4.37
Minimum
2.55
Maximum
6.24
Discovering the peaks and valleys of Bio-Techne Corporation 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 = 98.47%
Maximum Annual Current Ratio = 6.24
Minimum Annual Increase = -64.90%
Minimum Annual Current Ratio = 2.55
Year | Current Ratio | Change |
---|---|---|
2024 | 3.87 | -19.90% |
2023 | 4.84 | 40.57% |
2022 | 3.44 | 2.60% |
2021 | 3.35 | -31.34% |
2020 | 4.88 | 20.71% |
2019 | 4.05 | -20.08% |
2018 | 5.06 | 98.47% |
2017 | 2.55 | -45.60% |
2016 | 4.69 | -24.90% |
2015 | 6.24 | -64.90% |
The current Current Ratio of Bio-Techne Corporation (TECH) 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
4.05
5-year avg
4.08
10-year avg
4.30
Bio-Techne Corporation’s Current Ratio is greater than BioMarin Pharmaceutical Inc. (3.05), less than Vaxcyte, Inc. (17.88), less than Liquidia Corporation (6.08), less than Legend Biotech Corporation (4.84), greater than Seagen Inc. (2.67), greater than Alnylam Pharmaceuticals, Inc. (3.01), less than Exelixis, Inc. (4.27), less than Halozyme Therapeutics, Inc. (7.41), less than Replimune Group, Inc. (13.46), less than Nuvalent, Inc. (17.44), less than Ventyx Biosciences, Inc. (14.19), greater than Ascendis Pharma A/S (0.74), less than United Therapeutics Corporation (4.35), less than Apellis Pharmaceuticals, Inc. (5.08), greater than BeiGene, Ltd. (1.98), less than Akero Therapeutics, Inc. (24.89), greater than Blueprint Medicines Corporation (3.71), greater than Travere Therapeutics, Inc. (3.04),
Company | Current Ratio | Market cap |
---|---|---|
3.05 | $16.01B | |
17.88 | $12.45B | |
6.08 | $698.44M | |
4.84 | $9.90B | |
2.67 | $43.15B | |
3.01 | $31.68B | |
4.27 | $7.17B | |
7.41 | $7.50B | |
13.46 | $708.49M | |
17.44 | $5.59B | |
14.19 | $153.35M | |
0.74 | $6.83B | |
4.35 | $15.38B | |
5.08 | $5.00B | |
1.98 | $21.01B | |
24.89 | $1.83B | |
3.71 | $5.47B | |
3.04 | $839.88M |
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