Wiit S.p.A.

Wiit S.p.A.verified

WIIT.MI

Price:

$22.4

Market Cap:

$584.42M

Wiit S.p.A. provides cloud services for various businesses in Italy and internationally. It offers hybrid, hosted private, and public cloud services; cloud services for critical applications; business continuity and disaster recovery services; cyber security services; technology migration programs; digital business transformation services; and services desk and desktop management solutions, as well as infrastructure configuration, management, and control services. The company was founded in 2001 and is headquartered in Milan, Italy. Wiit S.p.A. is a subsidiary of Wiit Fin S.r.l.[Read more]

Industry

Software - Infrastructure

IPO Date

2017-06-07

Stock Exchange

MIL

Ticker

WIIT.MI

The Current Ratio as of September 2024 (TTM) for Wiit S.p.A. (WIIT.MI) is 0.87

According to Wiit S.p.A.’s latest financial reports and current stock price. The company's current Current Ratio is 0.87. This represents a change of -13.21% compared to the average of 1.00 of the last 4 quarters.

Wiit S.p.A. (WIIT.MI) Historical Current Ratio (quarterly & annually)

How has WIIT.MI Current Ratio performed in the past?

The mean historical Current Ratio of Wiit S.p.A. over the last ten years is 1.45. The current 0.87 Current Ratio has changed 5.93% with respect to the historical average. Over the past ten years (40 quarters), WIIT.MI's Current Ratio was at its highest in in the December 2017 quarter at 3.16. The Current Ratio was at its lowest in in the March 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.45

Median

1.23

Minimum

0.97

Maximum

3.16

Wiit S.p.A. (WIIT.MI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Wiit S.p.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 = 128.76%

Maximum Annual Current Ratio = 3.16

Minimum Annual Increase = -48.47%

Minimum Annual Current Ratio = 0.97

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.02-28.32%
20221.43-20.71%
20211.8078.64%
20201.01-6.60%
20191.08-33.67%
20181.63-48.47%
20173.16128.76%
20161.3838.92%
20150.992.84%

Wiit S.p.A. (WIIT.MI) Average Current Ratio

How has WIIT.MI Current Ratio performed in the past?

The current Current Ratio of Wiit S.p.A. (WIIT.MI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.42

5-year avg

1.27

10-year avg

1.45

Wiit S.p.A. (WIIT.MI) Current Ratio vs. Peers

How is WIIT.MI’s Current Ratio compared to its peers?

Wiit S.p.A.’s Current Ratio is less than SeSa S.p.A. (1.35), greater than Tinexta S.p.A. (0.86), less than Reply S.p.A. (1.51), less than EL.En. S.p.A. (1.90), greater than Infrastrutture Wireless Italiane S.p.A. (0.28),

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Frequently asked questions❓

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