AKE.TO
Price:
$8.86
Market Cap:
$4.09B
Allkem Limited engages in the production and sale of lithium and boron in Argentina. Its flagship project is the Olaroz Lithium Facility located in Jujuy province in northern Argentina. The company was incorporated in 2005 and is headquartered in Brisbane, Australia.[Read more]
Industry
Industrial Materials
IPO Date
2010-06-18
Stock Exchange
TSX
Ticker
AKE.TO
According to Allkem Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.52. This represents a change of -5.20% compared to the average of 2.65 of the last 4 quarters.
The mean historical Current Ratio of Allkem Limited over the last ten years is 7.61. The current 2.52 Current Ratio has changed 3.21% with respect to the historical average. Over the past ten years (40 quarters), AKE.TO's Current Ratio was at its highest in in the December 2017 quarter at 165.20. The Current Ratio was at its lowest in in the March 2011 quarter at 0.
Average
7.61
Median
3.61
Minimum
1.37
Maximum
42.57
Discovering the peaks and valleys of Allkem Limited 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 = 389.13%
Maximum Annual Current Ratio = 42.57
Minimum Annual Increase = -92.32%
Minimum Annual Current Ratio = 1.37
Year | Current Ratio | Change |
---|---|---|
2023 | 2.52 | -32.70% |
2022 | 3.74 | -13.67% |
2021 | 4.33 | 101.57% |
2020 | 2.15 | -34.33% |
2019 | 3.27 | -92.32% |
2018 | 42.57 | 389.13% |
2017 | 8.70 | 121.24% |
2016 | 3.93 | 186.35% |
2015 | 1.37 | -60.63% |
2014 | 3.49 | 47.87% |
The current Current Ratio of Allkem Limited (AKE.TO) 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
3.53
5-year avg
3.20
10-year avg
7.61
Allkem Limited’s Current Ratio is greater than Sigma Lithium Corporation (1.05), greater than Patriot Battery Metals Inc. (2.29), less than Standard Lithium Ltd. (3.30), less than Frontier Lithium Inc. (4.62), less than Critical Elements Lithium Corporation (16.71),
Company | Current Ratio | Market cap |
---|---|---|
1.05 | $2.11B | |
2.29 | $788.10M | |
3.30 | $577.74M | |
4.62 | $129.75M | |
16.71 | $122.00M |
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