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H.B. Fuller Co (H.B. Fuller Co) Current Ratio

: 1.99 (As of Feb. 2024)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. H.B. Fuller Co's current ratio for the quarter that ended in Feb. 2024 was 1.99.

H.B. Fuller Co has a current ratio of 1.99. It generally indicates good short-term financial strength.

The historical rank and industry rank for H.B. Fuller Co's Current Ratio or its related term are showing as below:

FUL' s Current Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.09   Max: 2.63
Current: 1.99

During the past 13 years, H.B. Fuller Co's highest Current Ratio was 2.63. The lowest was 1.66. And the median was 2.09.

FUL's Current Ratio is ranked better than
51.08% of 1568 companies
in the Chemicals industry
Industry Median: 1.965 vs FUL: 1.99

H.B. Fuller Co Current Ratio Historical Data

The historical data trend for H.B. Fuller Co's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

H.B. Fuller Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.91 1.92 1.66 1.84 1.89

H.B. Fuller Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 1.99 2.01 1.89 1.99

Competitive Comparison

For the Specialty Chemicals subindustry, H.B. Fuller Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


H.B. Fuller Co Current Ratio Distribution

For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where H.B. Fuller Co's Current Ratio falls into.



H.B. Fuller Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

H.B. Fuller Co's Current Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Current Ratio (A: Nov. 2023 )=Total Current Assets (A: Nov. 2023 )/Total Current Liabilities (A: Nov. 2023 )
=1312.103/692.811
=1.89

H.B. Fuller Co's Current Ratio for the quarter that ended in Feb. 2024 is calculated as

Current Ratio (Q: Feb. 2024 )=Total Current Assets (Q: Feb. 2024 )/Total Current Liabilities (Q: Feb. 2024 )
=1296.848/653.177
=1.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


H.B. Fuller Co  (NYSE:FUL) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


H.B. Fuller Co Current Ratio Related Terms

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H.B. Fuller Co (H.B. Fuller Co) Business Description

Traded in Other Exchanges
Address
1200 Willow Lake Boulevard, P.O. Box 64683, Saint Paul, MN, USA, 55110-5101
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three business units: constructions, engineering, and hygiene, health and consumable adhesives. It generates the most revenue from hygiene, health and consumable adhesives. This business manufactures and supplies adhesives products in the assembly, packaging, converting, nonwoven and hygiene, health and beauty, flexible packaging, graphic arts, and envelope markets. The company generates around half of its revenue in the United States, with the remainder spread across 35 countries. The company has put an emphasis on environmentally friendly products, aligning with a trend of environmental, social, and governance investing.
Executives
Gregory O. Ogunsanya officer: Sr. VP, GC and Corp Secretary 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Traci L Jensen officer: VP, Americas Adhesives 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Robert J Martsching officer: VP, Corporate Controller 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Timothy J Keenan officer: Gen'l Counsel, Corp Secretary 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Heather Campe officer: VP, Asia Pacific 1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110
Charles T Lauber director A. O. SMITH CORPORATION, 500 TENNESSEE WALTZ PARKWAY, ASHLAND CITY TN 37015
James J. East officer: Senior Vice President, HHC 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
James Owens officer: Senior VP, North America 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Zhiwei Cai officer: Sr.VP. Engineering Adhesives 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Nathan D. Weaver officer: VP, Human Resources 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Srilata Zaheer director 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Celeste Beeks Mastin officer: Executive VP and COO 21 ERIE STREET, CAMBRIDGE MA 02139
Michael J Happe director P.O. BOX 152, FOREST CITY IA 50436
Rasmussen Trangsrud Teresa J director 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Van Sant R William director PO BOX 1441, MINNEAPOLIS MN 55440-1441

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