Tredegar Corporation

Tredegar Corporationverified

TG

Price:

$6.46

Market Cap:

$222.94M

Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft-alloy and medium-strength custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and fabricated aluminum extrusions to fabricators and distributors. The PE Films segmen...[Read more]

Industry

Manufacturing - Metal Fabrication

IPO Date

1989-07-05

Stock Exchange

NYSE

Ticker

TG

The Current Ratio as of September 2024 (TTM) for Tredegar Corporation (TG) is 0.78

According to Tredegar Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.78. This represents a change of -22.06% compared to the average of 1.00 of the last 4 quarters.

Tredegar Corporation (TG) Historical Current Ratio (quarterly & annually)

How has TG Current Ratio performed in the past?

The mean historical Current Ratio of Tredegar Corporation over the last ten years is 1.58. The current 0.78 Current Ratio has changed 4.83% with respect to the historical average. Over the past ten years (40 quarters), TG's Current Ratio was at its highest in in the September 2015 quarter at 2.10. The Current Ratio was at its lowest in in the December 2023 quarter at 0.71.

Quarterly (TTM)
Annual

Average

1.58

Median

1.68

Minimum

0.71

Maximum

2.03

Tredegar Corporation (TG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tredegar 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 = 15.52%

Maximum Annual Current Ratio = 2.03

Minimum Annual Increase = -56.23%

Minimum Annual Current Ratio = 0.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.71-56.23%
20221.6215.52%
20211.404.77%
20201.34-12.45%
20191.53-11.83%
20181.73-7.83%
20171.888.44%
20161.74-3.12%
20151.79-11.62%
20142.038.09%

Tredegar Corporation (TG) Average Current Ratio

How has TG Current Ratio performed in the past?

The current Current Ratio of Tredegar Corporation (TG) 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

1.24

5-year avg

1.32

10-year avg

1.58

Tredegar Corporation (TG) Current Ratio vs. Peers

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

Tredegar Corporation’s Current Ratio is less than Northwest Pipe Company (3.06), less than Insteel Industries, Inc. (5.75), less than Ryerson Holding Corporation (2.38), less than Haynes International, Inc. (7.74), less than ESAB Corporation (1.86), less than Mayville Engineering Company, Inc. (1.71), less than Gulf Island Fabrication, Inc. (3.89), less than Carpenter Technology Corporation (3.41),

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