Argo Investments Limited

Argo Investments Limitedverified

ARG.AX

Price:

$9.08

Market Cap:

$6.93B

Argo Investments Limited is a publicly owned investment manager. The firm manages separate client focused equity portfolios for its clients. It invests in public equity markets of Australia. The firm employs a qualitative analysis with bottom-up stock picking approach to create its portfolio. It conducts in-house analysis to make its investments. Argo Investments Limited was founded in 1946 and is based in Adelaide, Australia with an additional office in Sydney, Australia.[Read more]

Industry

Asset Management

IPO Date

1998-12-31

Stock Exchange

ASX

Ticker

ARG.AX

The Current Ratio as of January 2025 (TTM) for Argo Investments Limited (ARG.AX) is 4.13

According to Argo Investments Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.13. This represents a change of -11.74% compared to the average of 4.68 of the last 4 quarters.

Argo Investments Limited (ARG.AX) Historical Current Ratio (quarterly & annually)

How has ARG.AX Current Ratio performed in the past?

The mean historical Current Ratio of Argo Investments Limited over the last ten years is 42.56. The current 4.13 Current Ratio has changed 870.54% with respect to the historical average. Over the past ten years (40 quarters), ARG.AX's Current Ratio was at its highest in in the June 2022 quarter at 457.61. The Current Ratio was at its lowest in in the September 2021 quarter at 2.93.

Quarterly (TTM)
Annual

Average

42.56

Median

14.47

Minimum

4.13

Maximum

125.65

Argo Investments Limited (ARG.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Argo Investments 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 = 343.09%

Maximum Annual Current Ratio = 125.65

Minimum Annual Increase = -72.19%

Minimum Annual Current Ratio = 4.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20244.13-40.30%
20236.9259.56%
20224.34-7.91%
20214.71-72.19%
202016.9441.07%
201912.01-65.04%
201834.34-65.79%
2017100.40-20.10%
2016125.658.14%
2015116.19343.09%

Argo Investments Limited (ARG.AX) Average Current Ratio

How has ARG.AX Current Ratio performed in the past?

The current Current Ratio of Argo Investments Limited (ARG.AX) 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

5.13

5-year avg

7.41

10-year avg

42.56

Argo Investments Limited (ARG.AX) Current Ratio vs. Peers

How is ARG.AX’s Current Ratio compared to its peers?

Argo Investments Limited’s Current Ratio is greater than Australian Foundation Investment Company Limited (4.07), greater than WAM Capital Limited (0), greater than Washington H. Soul Pattinson and Company Limited (3.31), less than BKI Investment Company Limited (33.01), less than Australian United Investment Company Limited (11.09),

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