Tecnoglass Inc.

Tecnoglass Inc.verified

TGLS

Price:

$68.9

Market Cap:

$3.24B

Tecnoglass Inc., through its subsidiaries, designs, produces, markets, and installs architectural systems for the commercial and residential construction industries in Colombia, the United States, Panama, and internationally. The company offers low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products. It also provides aluminum products, including bars, plates, profiles, rods, and tubes that are used in the manufacture of architectural glass settings, such as windows, doors, spatial separators, and related products. In addition, the company offers curtain wall/floating facades, windows and doors, interior dividers and comme...[Read more]

Industry

Construction Materials

IPO Date

2012-05-10

Stock Exchange

NYSE

Ticker

TGLS

The Current Ratio as of September 2024 (TTM) for Tecnoglass Inc. (TGLS) is 2.43

According to Tecnoglass Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.43. This represents a change of 4.61% compared to the average of 2.32 of the last 4 quarters.

Tecnoglass Inc. (TGLS) Historical Current Ratio (quarterly & annually)

How has TGLS Current Ratio performed in the past?

The mean historical Current Ratio of Tecnoglass Inc. over the last ten years is 2.15. The current 2.43 Current Ratio has changed 11.18% with respect to the historical average. Over the past ten years (40 quarters), TGLS's Current Ratio was at its highest in in the December 2020 quarter at 3.13. The Current Ratio was at its lowest in in the December 2015 quarter at 0.94.

Quarterly (TTM)
Annual

Average

2.15

Median

2.21

Minimum

0.94

Maximum

3.13

Tecnoglass Inc. (TGLS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tecnoglass Inc. 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 = 184.30%

Maximum Annual Current Ratio = 3.13

Minimum Annual Increase = -32.82%

Minimum Annual Current Ratio = 0.94

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.2710.27%
20222.06-2.14%
20212.10-32.82%
20203.1325.19%
20192.504.57%
20182.3910.98%
20172.16-19.71%
20162.69184.30%
20150.94-24.53%
20141.25-15.42%

Tecnoglass Inc. (TGLS) Average Current Ratio

How has TGLS Current Ratio performed in the past?

The current Current Ratio of Tecnoglass Inc. (TGLS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.15

5-year avg

2.41

10-year avg

2.15

Tecnoglass Inc. (TGLS) Current Ratio vs. Peers

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

Tecnoglass Inc.’s Current Ratio is less than Atkore Inc. (3.26), less than Clearfield, Inc. (8.38), less than Lantheus Holdings, Inc. (4.68), less than Allegro MicroSystems, Inc. (4.65), greater than Titan Machinery Inc. (1.27),

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