Archer Materials Limited

Archer Materials Limitedverified

AXE.AX

Price:

$0.42

Market Cap:

$107.04M

Archer Materials Limited, a technology company, engages in development and commercialization of semiconductor devices, and processor chips related to quantum computing and medical diagnostics in Australia. It primarily focuses on the development of qubit processor chip, that operates at room temperature and integrate into modern electronics; and graphene-based lab-on-a-chip technology. The company was formerly known as Archer Exploration Limited and changed its name to Archer Materials Limited in October 2019. Archer Materials Limited was incorporated in 2007 and is based in Adelaide, Australia.[Read more]

Industry

Semiconductors

IPO Date

2007-08-14

Stock Exchange

ASX

Ticker

AXE.AX

The Current Ratio as of December 2024 (TTM) for Archer Materials Limited (AXE.AX) is 21.05

According to Archer Materials Limited’s latest financial reports and current stock price. The company's current Current Ratio is 21.05. This represents a change of -28.90% compared to the average of 29.60 of the last 4 quarters.

Archer Materials Limited (AXE.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Archer Materials Limited over the last ten years is 16.60. The current 21.05 Current Ratio has changed 12.58% with respect to the historical average. Over the past ten years (40 quarters), AXE.AX's Current Ratio was at its highest in in the December 2021 quarter at 82.95. The Current Ratio was at its lowest in in the September 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

16.60

Median

13.88

Minimum

3.53

Maximum

42.90

Archer Materials Limited (AXE.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Archer Materials 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 = 189.50%

Maximum Annual Current Ratio = 42.90

Minimum Annual Increase = -68.41%

Minimum Annual Current Ratio = 3.53

Quarterly (TTM)
Annual
YearCurrent RatioChange
202421.05-7.69%
202322.80-46.85%
202242.9041.42%
202130.33104.21%
202014.85141.28%
20196.16-52.28%
201812.90189.50%
20174.46-36.24%
20166.9998.14%
20153.53-68.41%

Archer Materials Limited (AXE.AX) Average Current Ratio

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

The current Current Ratio of Archer Materials Limited (AXE.AX) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

28.92

5-year avg

26.39

10-year avg

16.60

Archer Materials Limited (AXE.AX) Current Ratio vs. Peers

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

Archer Materials Limited’s Current Ratio is greater than Talga Group Ltd (3.16), greater than First Graphene Limited (1.12), greater than Magnis Energy Technologies Limited (0.20), greater than Anson Resources Limited (3.03), greater than Syrah Resources Limited (4.55),

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