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
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.
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.
Average
0.87
Median
0.78
Minimum
0.70
Maximum
1.44
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
Year | Current Ratio | Change |
---|---|---|
2023 | 0.72 | -34.40% |
2022 | 1.09 | 55.57% |
2021 | 0.70 | -9.05% |
2020 | 0.77 | 3.98% |
2019 | 0.74 | -48.54% |
2018 | 1.44 | 81.66% |
2017 | 0.79 | -14.74% |
2016 | 0.93 | 22.76% |
2015 | 0.76 | -3.65% |
2014 | 0.79 | -1.52% |
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)’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),
Company | Current Ratio | Market cap |
---|---|---|
0.85 | $147.79B | |
1.13 | $43.48B | |
1.62 | $80.62B | |
1.09 | $8.35B | |
1.18 | $16.13B |
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