TEL2-B.ST
Price:
$111.5
Market Cap:
$76.14B
Tele2 AB (publ), a telecom operator, provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, and security services. It also provides data network services, including dark fiber, dedicated wavelength, ethernet and IP VPN, and internet services; and unified communications comprising service provider, mobile virtual network operator, and carrier SIP-interconnect services. In addition, the company offers single and dual IMSI solutions for consumer and IoT a...[Read more]
Industry
Telecommunications Services
IPO Date
2000-01-03
Stock Exchange
STO
Ticker
TEL2-B.ST
According to Tele2 AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 0.58. This represents a change of -12.78% compared to the average of 0.66 of the last 4 quarters.
The mean historical Current Ratio of Tele2 AB (publ) over the last ten years is 0.98. The current 0.58 Current Ratio has changed 5.82% with respect to the historical average. Over the past ten years (40 quarters), TEL2-B.ST's Current Ratio was at its highest in in the December 2017 quarter at 1.94. The Current Ratio was at its lowest in in the June 2024 quarter at 0.52.
Average
0.98
Median
0.81
Minimum
0.64
Maximum
1.94
Discovering the peaks and valleys of Tele2 AB (publ) 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 = 148.03%
Maximum Annual Current Ratio = 1.94
Minimum Annual Increase = -39.98%
Minimum Annual Current Ratio = 0.64
Year | Current Ratio | Change |
---|---|---|
2023 | 0.65 | -21.87% |
2022 | 0.83 | -36.93% |
2021 | 1.32 | 106.59% |
2020 | 0.64 | -14.14% |
2019 | 0.74 | -35.98% |
2018 | 1.16 | -39.98% |
2017 | 1.94 | 148.03% |
2016 | 0.78 | 16.13% |
2015 | 0.67 | -34.10% |
2014 | 1.02 | 14.79% |
The current Current Ratio of Tele2 AB (publ) (TEL2-B.ST) 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
0.94
5-year avg
0.84
10-year avg
0.98
Tele2 AB (publ)’s Current Ratio is less than Telia Company AB (publ) (0.91), less than Skanska AB (publ) (1.55), less than AB Electrolux (publ) (0.94), less than Svenska Handelsbanken AB (publ) (0.75), less than Swedbank AB (publ) (1.28),
Company | Current Ratio | Market cap |
---|---|---|
0.91 | $125.16B | |
1.55 | $86.07B | |
0.94 | $23.69B | |
0.75 | $222.19B | |
1.28 | $249.71B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Tele2 AB (publ) using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Tele2 AB (publ) or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Tele2 AB (publ)'s Current Ratio?
How is the Current Ratio calculated for Tele2 AB (publ) (TEL2-B.ST)?
What is the highest Current Ratio for Tele2 AB (publ) (TEL2-B.ST)?
What is the 3-year average Current Ratio for Tele2 AB (publ) (TEL2-B.ST)?
What is the 5-year average Current Ratio for Tele2 AB (publ) (TEL2-B.ST)?
How does the current Current Ratio for Tele2 AB (publ) (TEL2-B.ST) compare to its historical average?