TMO
Price:
$611.33
Market Cap:
$233.53B
Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets. Its Analytical Instruments segment provides instruments, consumables, soft...[Read more]
Industry
Medical - Diagnostics & Research
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
TMO
According to Thermo Fisher Scientific Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.72. This represents a change of 1.35% compared to the average of 1.70 of the last 4 quarters.
The mean historical Current Ratio of Thermo Fisher Scientific Inc. over the last ten years is 1.59. The current 1.72 Current Ratio has changed 10.75% with respect to the historical average. Over the past ten years (40 quarters), TMO's Current Ratio was at its highest in in the October 2021 quarter at 3.19. The Current Ratio was at its lowest in in the March 2015 quarter at 0.90.
Average
1.59
Median
1.49
Minimum
1.22
Maximum
2.13
Discovering the peaks and valleys of Thermo Fisher Scientific 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 = 29.31%
Maximum Annual Current Ratio = 2.13
Minimum Annual Increase = -61.33%
Minimum Annual Current Ratio = 1.22
Year | Current Ratio | Change |
---|---|---|
2023 | 1.75 | 18.32% |
2022 | 1.48 | -0.92% |
2021 | 1.50 | -29.75% |
2020 | 2.13 | 11.03% |
2019 | 1.92 | 11.03% |
2018 | 1.73 | 29.31% |
2017 | 1.34 | -7.36% |
2016 | 1.44 | 4.20% |
2015 | 1.38 | 13.27% |
2014 | 1.22 | -61.33% |
The current Current Ratio of Thermo Fisher Scientific Inc. (TMO) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.58
5-year avg
1.76
10-year avg
1.59
Thermo Fisher Scientific Inc.’s Current Ratio is less than Agilent Technologies, Inc. (1.78), greater than IDEXX Laboratories, Inc. (1.32), greater than Illumina, Inc. (1.11), less than Waters Corporation (2.10), greater than Danaher Corporation (1.43), less than Invitae Corporation (2.39), less than Guardant Health, Inc. (6.40), greater than Mettler-Toledo International Inc. (0.92), greater than Charles River Laboratories International, Inc. (1.58), less than Revvity, Inc. (2.27),
Company | Current Ratio | Market cap |
---|---|---|
1.78 | $39.42B | |
1.32 | $38.88B | |
1.11 | $19.82B | |
2.10 | $19.52B | |
1.43 | $192.25B | |
2.39 | $5.44M | |
6.40 | $2.92B | |
0.92 | $29.36B | |
1.58 | $9.70B | |
2.27 | $14.23B |
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 Thermo Fisher Scientific Inc. 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 Thermo Fisher Scientific Inc. 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 Thermo Fisher Scientific Inc.'s Current Ratio?
How is the Current Ratio calculated for Thermo Fisher Scientific Inc. (TMO)?
What is the highest Current Ratio for Thermo Fisher Scientific Inc. (TMO)?
What is the 3-year average Current Ratio for Thermo Fisher Scientific Inc. (TMO)?
What is the 5-year average Current Ratio for Thermo Fisher Scientific Inc. (TMO)?
How does the current Current Ratio for Thermo Fisher Scientific Inc. (TMO) compare to its historical average?