Credit Corp Group Limited

Credit Corp Group Limitedverified

CCP.AX

Price:

$16.32

Market Cap:

$1.11B

Credit Corp Group Limited provides debt ledger purchase and collection, and consumer lending services in Australia and the United States. The company operates through three segments: Debt Ledger Purchasing – Australia and New Zealand; Debt Ledger Purchasing – United States; and Consumer Lending – Australia, New Zealand and the United States. The company offers debt sale, contingency and agency collection, local government debt recovery, and hardship and insolvency management services, as well as various loan products. It provides financial services under the Wallet Wizard, ClearCash, CarStart Finance, Resolvr, and Wizpay brands. The company was founded in 1992 and is headquartered in Sydney,...[Read more]

Industry

Financial - Credit Services

IPO Date

2000-09-03

Stock Exchange

ASX

Ticker

CCP.AX

The Current Ratio as of January 2025 (TTM) for Credit Corp Group Limited (CCP.AX) is 6.13

According to Credit Corp Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 6.13. This represents a change of 9.19% compared to the average of 5.61 of the last 4 quarters.

Credit Corp Group Limited (CCP.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Credit Corp Group Limited over the last ten years is 2.12. The current 6.13 Current Ratio has changed 28.77% with respect to the historical average. Over the past ten years (40 quarters), CCP.AX's Current Ratio was at its highest in in the December 2022 quarter at 6.76. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

2.12

Median

1.69

Minimum

0.65

Maximum

6.13

Credit Corp Group Limited (CCP.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Credit Corp Group 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 = 126.26%

Maximum Annual Current Ratio = 6.13

Minimum Annual Increase = -64.80%

Minimum Annual Current Ratio = 0.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
20246.13113.36%
20232.87126.26%
20221.27-59.34%
20213.1268.66%
20201.8548.63%
20191.25-18.74%
20181.53121.64%
20170.695.77%
20160.65-64.80%
20151.8683.29%

Credit Corp Group Limited (CCP.AX) Average Current Ratio

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

The current Current Ratio of Credit Corp Group Limited (CCP.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.42

5-year avg

3.05

10-year avg

2.12

Credit Corp Group Limited (CCP.AX) Current Ratio vs. Peers

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

Credit Corp Group Limited’s Current Ratio is greater than Corporate Travel Management Limited (1.34), greater than Breville Group Limited (2.26), greater than Challenger Limited (0.15), greater than ARB Corporation Limited (4.10), greater than CAR Group Limited (1.97),

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