Tubos Reunidos, S.A.

Tubos Reunidos, S.A.verified

TRG.MC

Price:

$0.6

Market Cap:

$104.45M

Tubos Reunidos, S.A., together with its subsidiaries, engages in the manufacturing, processing, distribution, and marketing of seamless steel piping products. It operates through Manufacturing, Transformation, Distribution and Marketing, and Other Activities segments. The company offers hot-rolled and cold-drawn seamless carbon and alloy steel tubes, and hot finished seamless steel pipes and tubes for use in oil and gas, chemical and petrochemical, power generation, heat transfer, automotive, mechanical, and construction industries. It is also involved in the real estate operation and marketing businesses. The company has operations in Spain, Rest of European Union, North America, the Middle...[Read more]

Industry

Steel

IPO Date

2002-11-19

Stock Exchange

BME

Ticker

TRG.MC

The Current Ratio as of September 2024 (TTM) for Tubos Reunidos, S.A. (TRG.MC) is 1.72

According to Tubos Reunidos, S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 1.72. This represents a change of 18.21% compared to the average of 1.45 of the last 4 quarters.

Tubos Reunidos, S.A. (TRG.MC) Historical Current Ratio (quarterly & annually)

How has TRG.MC Current Ratio performed in the past?

The mean historical Current Ratio of Tubos Reunidos, S.A. over the last ten years is 1.16. The current 1.72 Current Ratio has changed 14.69% with respect to the historical average. Over the past ten years (40 quarters), TRG.MC's Current Ratio was at its highest in in the December 2023 quarter at 1.72. The Current Ratio was at its lowest in in the September 2019 quarter at 0.77.

Quarterly (TTM)
Annual

Average

1.16

Median

1.15

Minimum

0.78

Maximum

1.72

Tubos Reunidos, S.A. (TRG.MC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tubos Reunidos, S.A. 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 = 30.88%

Maximum Annual Current Ratio = 1.72

Minimum Annual Increase = -39.82%

Minimum Annual Current Ratio = 0.78

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.7230.88%
20221.3114.43%
20211.1517.54%
20200.98-14.52%
20191.1426.81%
20180.90-7.40%
20170.9724.55%
20160.78-39.82%
20151.30-5.49%
20141.37-16.04%

Tubos Reunidos, S.A. (TRG.MC) Average Current Ratio

How has TRG.MC Current Ratio performed in the past?

The current Current Ratio of Tubos Reunidos, S.A. (TRG.MC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.39

5-year avg

1.26

10-year avg

1.16

Tubos Reunidos, S.A. (TRG.MC) Current Ratio vs. Peers

How is TRG.MC’s Current Ratio compared to its peers?

Tubos Reunidos, S.A.’s Current Ratio is

CompanyCurrent RatioMarket cap

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