Current Ratio
since 2005
Calculation
Hubbell Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 1.86 | = | 2,021,400) | ÷ | 1,088,500) |
| Dec 31, 2021 | 1.76 | = | 1,879,300) | ÷ | 1,065,200) |
| Dec 31, 2020 | 1.67 | = | 1,587,600) | ÷ | 948,200) |
| Dec 31, 2019 | 1.86 | = | 1,574,200) | ÷ | 844,900) |
| Dec 31, 2018 | 1.96 | = | 1,643,700) | ÷ | 839,300) |
| Dec 31, 2017 | 2.27 | = | 1,604,100) | ÷ | 706,100) |
| Dec 31, 2016 | 2.63 | = | 1,551,300) | ÷ | 589,600) |
| Dec 31, 2015 | 2.30 | = | 1,387,800) | ÷ | 603,100) |
| Dec 31, 2014 | 3.26 | = | 1,629,400) | ÷ | 499,200) |
| Dec 31, 2013 | 3.50 | = | 1,632,400) | ÷ | 467,000) |
| Dec 31, 2012 | 3.25 | = | 1,456,200) | ÷ | 447,400) |
| Dec 31, 2011 | 2.75 | = | 1,353,500) | ÷ | 492,100) |
| Dec 31, 2010 | 2.76 | = | 1,226,100) | ÷ | 445,000) |
| Dec 31, 2009 | 2.19 | = | 917,900) | ÷ | 418,500) |
| Dec 31, 2008 | 2.16 | = | 919,100) | ÷ | 425,000) |
| Dec 31, 2007 | 1.88 | = | 788,000) | ÷ | 419,500) |
| Dec 31, 2006 | 2.13 | = | 814,400) | ÷ | 382,300) |
| Dec 31, 2005 | 2.27 | = | 820,100) | ÷ | 360,500) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Hubbell Inc., current ratio, long-term trends, comparison to competitors
| Hubbell Inc. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 1.86 | 1.22 | 1.39 | 1.38 | 1.16 | 1.25 | 1.32 | 1.09 |
| Dec 31, 2021 | 1.76 | 1.33 | 1.46 | 1.04 | 1.28 | 1.30 | 1.42 | 1.19 |
| Dec 31, 2020 | 1.67 | 1.39 | 1.53 | 1.56 | 1.58 | 1.47 | 1.39 | 1.21 |
| Dec 31, 2019 | 1.86 | 1.05 | 1.47 | 1.70 | 1.16 | 1.34 | 1.22 | 1.08 |
| Dec 31, 2018 | 1.96 | 1.08 | 1.37 | 1.47 | — | 1.29 | 1.12 | 1.13 |
| Dec 31, 2017 | 2.27 | 1.16 | 1.35 | 1.64 | — | 1.38 | 1.38 | 1.35 |
| Dec 31, 2016 | 2.63 | 1.25 | 1.22 | 1.27 | — | 1.41 | 1.20 | 1.30 |
| Dec 31, 2015 | 2.30 | 1.35 | 1.31 | 1.43 | — | 1.09 | 1.15 | 1.18 |
| Dec 31, 2014 | 3.26 | 1.20 | 1.39 | 1.51 | — | 1.50 | 1.11 | 1.30 |
| Dec 31, 2013 | 3.50 | 1.26 | 1.40 | 1.78 | — | 1.49 | 1.20 | 1.29 |
| Dec 31, 2012 | 3.25 | 1.27 | 1.43 | 1.44 | — | 1.35 | 1.14 | 1.24 |
| Dec 31, 2011 | 2.75 | 1.21 | 1.33 | 1.60 | — | 1.31 | 1.16 | 1.38 |
| Dec 31, 2010 | 2.76 | 1.15 | 1.44 | 1.70 | — | 1.28 | 1.15 | 1.33 |
| Dec 31, 2009 | 2.19 | 1.07 | 1.39 | 1.68 | — | 1.25 | 1.17 | 1.29 |
| Dec 31, 2008 | 2.16 | 0.84 | 1.21 | 1.28 | — | 1.08 | 1.01 | 1.24 |
| Dec 31, 2007 | 1.88 | 0.86 | 1.15 | 1.30 | — | 1.15 | 1.11 | 1.26 |
| Dec 31, 2006 | 2.13 | 0.77 | 1.20 | 1.29 | — | 1.21 | 1.06 | 1.24 |
| Dec 31, 2005 | 2.27 | 0.78 | 1.19 | 1.21 | — | 1.15 | 1.12 | 1.12 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
Hubbell Inc., current ratio, long-term trends, comparison to sector (capital goods)
| Hubbell Inc. | Capital Goods | |
|---|---|---|
| Dec 31, 2022 | 1.86 | 1.22 |
| Dec 31, 2021 | 1.76 | 1.31 |
| Dec 31, 2020 | 1.67 | 1.43 |
| Dec 31, 2019 | 1.86 | 1.17 |
| Dec 31, 2018 | 1.96 | 1.17 |
| Dec 31, 2017 | 2.27 | 1.29 |
| Dec 31, 2016 | 2.63 | 1.27 |
| Dec 31, 2015 | 2.30 | 1.26 |
| Dec 31, 2014 | 3.26 | 1.29 |
| Dec 31, 2013 | 3.50 | 1.34 |
| Dec 31, 2012 | 3.25 | 1.31 |
| Dec 31, 2011 | 2.75 | 1.29 |
| Dec 31, 2010 | 2.76 | 1.28 |
| Dec 31, 2009 | 2.19 | 1.23 |
| Dec 31, 2008 | 2.16 | 1.07 |
| Dec 31, 2007 | 1.88 | 1.08 |
| Dec 31, 2006 | 2.13 | 1.05 |
| Dec 31, 2005 | 2.27 | 1.03 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Hubbell Inc., current ratio, long-term trends, comparison to industry (industrials)
| Hubbell Inc. | Industrials | |
|---|---|---|
| Dec 31, 2022 | 1.86 | 1.21 |
| Dec 31, 2021 | 1.76 | 1.30 |
| Dec 31, 2020 | 1.67 | 1.42 |
| Dec 31, 2019 | 1.86 | 1.19 |
| Dec 31, 2018 | 1.96 | 1.17 |
| Dec 31, 2017 | 2.27 | 1.29 |
| Dec 31, 2016 | 2.63 | 1.27 |
| Dec 31, 2015 | 2.30 | 1.28 |
| Dec 31, 2014 | 3.26 | 1.31 |
| Dec 31, 2013 | 3.50 | 1.38 |
| Dec 31, 2012 | 3.25 | 1.35 |
| Dec 31, 2011 | 2.75 | 1.33 |
| Dec 31, 2010 | 2.76 | 1.32 |
| Dec 31, 2009 | 2.19 | 1.26 |
| Dec 31, 2008 | 2.16 | 1.09 |
| Dec 31, 2007 | 1.88 | 1.09 |
| Dec 31, 2006 | 2.13 | 1.07 |
| Dec 31, 2005 | 2.27 | 1.06 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).