Vitec Software Group AB (publ)

Vitec Software Group AB (publ)verified

VIT-B.ST

Price:

$483.6

Market Cap:

$18.04B

Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally. The company offers software for municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church activities; banking and finance industry; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industry; local associations and national organizations; construction and property management industry; pharmacy market; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grid...[Read more]

Industry

Software - Application

IPO Date

2004-10-04

Stock Exchange

STO

Ticker

VIT-B.ST

The Current Ratio as of November 2024 (TTM) for Vitec Software Group AB (publ) (VIT-B.ST) is 0.88

According to Vitec Software Group AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 0.88. This represents a change of 17.32% compared to the average of 0.75 of the last 4 quarters.

Vitec Software Group AB (publ) (VIT-B.ST) Historical Current Ratio (quarterly & annually)

How has VIT-B.ST Current Ratio performed in the past?

The mean historical Current Ratio of Vitec Software Group AB (publ) over the last ten years is 0.87. The current 0.88 Current Ratio has changed 9.96% with respect to the historical average. Over the past ten years (40 quarters), VIT-B.ST's Current Ratio was at its highest in in the December 2018 quarter at 1.44. The Current Ratio was at its lowest in in the June 2017 quarter at 0.59.

Quarterly (TTM)
Annual

Average

0.87

Median

0.78

Minimum

0.70

Maximum

1.44

Vitec Software Group AB (publ) (VIT-B.ST) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Vitec Software Group AB (publ) 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 = 81.66%

Maximum Annual Current Ratio = 1.44

Minimum Annual Increase = -48.54%

Minimum Annual Current Ratio = 0.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.72-34.40%
20221.0955.57%
20210.70-9.05%
20200.773.98%
20190.74-48.54%
20181.4481.66%
20170.79-14.74%
20160.9322.76%
20150.76-3.65%
20140.79-1.52%

Vitec Software Group AB (publ) (VIT-B.ST) Average Current Ratio

How has VIT-B.ST Current Ratio performed in the past?

The current Current Ratio of Vitec Software Group AB (publ) (VIT-B.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.84

5-year avg

0.80

10-year avg

0.87

Vitec Software Group AB (publ) (VIT-B.ST) Current Ratio vs. Peers

How is VIT-B.ST’s Current Ratio compared to its peers?

Vitec Software Group AB (publ)’s Current Ratio is greater than Lifco AB (publ) (0.85), less than Lagercrantz Group AB (publ) (1.13), less than Addtech AB (publ.) (1.62), less than Instalco AB (publ) (1.09), less than AddLife AB (publ) (1.18),

Build a custom stock screener for Vitec Software Group AB (publ) (VIT-B.ST) 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 Vitec Software Group AB (publ) 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.

Vitec Software Group AB (publ) (VIT-B.ST) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ)'s Current Ratio?

How is the Current Ratio calculated for Vitec Software Group AB (publ) (VIT-B.ST)?

What is the highest Current Ratio for Vitec Software Group AB (publ) (VIT-B.ST)?

What is the 3-year average Current Ratio for Vitec Software Group AB (publ) (VIT-B.ST)?

What is the 5-year average Current Ratio for Vitec Software Group AB (publ) (VIT-B.ST)?

How does the current Current Ratio for Vitec Software Group AB (publ) (VIT-B.ST) compare to its historical average?