TESSCO Technologies Incorporated

TESSCO Technologies Incorporatedverified

TESS

Price:

$8.99

Market Cap:

$83.30M

TESSCO Technologies Incorporated manufactures and distributes technology products and solutions for wireless infrastructure market in the United States and internationally. It operates through two segments, Carrier and Commercial. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems. It also provides network systems products, such as fixed and mobile broadband radio equipment, wireless networking filtering a...[Read more]

Industry

Communication Equipment

IPO Date

1994-09-28

Stock Exchange

NASDAQ

Ticker

TESS

The Current Ratio as of September 2024 (TTM) for TESSCO Technologies Incorporated (TESS) is 1.98

According to TESSCO Technologies Incorporated’s latest financial reports and current stock price. The company's current Current Ratio is 1.98. This represents a change of 1.91% compared to the average of 1.94 of the last 4 quarters.

TESSCO Technologies Incorporated (TESS) Historical Current Ratio (quarterly & annually)

How has TESS Current Ratio performed in the past?

The mean historical Current Ratio of TESSCO Technologies Incorporated over the last ten years is 2.03. The current 1.98 Current Ratio has changed 9.62% with respect to the historical average. Over the past ten years (40 quarters), TESS's Current Ratio was at its highest in in the December 2013 quarter at 2.58. The Current Ratio was at its lowest in in the June 2020 quarter at 1.39.

Quarterly (TTM)
Annual

Average

2.03

Median

1.96

Minimum

1.45

Maximum

2.57

TESSCO Technologies Incorporated (TESS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of TESSCO Technologies Incorporated 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 = 33.96%

Maximum Annual Current Ratio = 2.57

Minimum Annual Increase = -17.89%

Minimum Annual Current Ratio = 1.45

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.984.64%
20221.89-3.05%
20211.9533.96%
20201.45-17.89%
20191.77-3.31%
20181.83-16.98%
20172.21-14.20%
20162.5713.61%
20152.26-6.42%
20142.4224.15%

TESSCO Technologies Incorporated (TESS) Average Current Ratio

How has TESS Current Ratio performed in the past?

The current Current Ratio of TESSCO Technologies Incorporated (TESS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.94

5-year avg

1.81

10-year avg

2.03

TESSCO Technologies Incorporated (TESS) Current Ratio vs. Peers

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

TESSCO Technologies Incorporated’s Current Ratio is greater than Mynaric AG (0.74), less than Knowles Corporation (2.36), greater than Comtech Telecommunications Corp. (1.78), less than Ituran Location and Control Ltd. (2.04), less than Aviat Networks, Inc. (2.12), less than KVH Industries, Inc. (4.72), less than Silicom Ltd. (9.74), less than Telesat Corporation (6.13), less than NETGEAR, Inc. (2.60),

Build a custom stock screener for TESSCO Technologies Incorporated (TESS) and other stocks

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 TESSCO Technologies Incorporated 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:

Custom stock screener in Wisesheets

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.

TESSCO Technologies Incorporated (TESS) and other stocks custom spreadsheet templates

The easiest way to analyze a company like TESSCO Technologies Incorporated 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is TESSCO Technologies Incorporated's Current Ratio?

How is the Current Ratio calculated for TESSCO Technologies Incorporated (TESS)?

What is the highest Current Ratio for TESSCO Technologies Incorporated (TESS)?

What is the 3-year average Current Ratio for TESSCO Technologies Incorporated (TESS)?

What is the 5-year average Current Ratio for TESSCO Technologies Incorporated (TESS)?

How does the current Current Ratio for TESSCO Technologies Incorporated (TESS) compare to its historical average?