CDM.AX
Price:
$0.69
Market Cap:
$206.56M
Cadence Capital Limited is a close ended equity mutual fund launched and managed by Cadence Asset Management. The fund invests in the public equity markets of Australia. It seeks to invest in stocks of companies operating across diversified sectors. The fund seeks to invest in the stocks listed on Australian Securities Exchange. It benchmarks the performance of its portfolio against the All Ordinaries Accumulation Index and the Small Ordinaries Accumulation Index. Cadence Capital Limited was formed in October 2005 and is domiciled in Australia.[Read more]
Industry
Asset Management
IPO Date
2006-12-04
Stock Exchange
ASX
Ticker
CDM.AX
According to Cadence Capital Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.01. This represents a change of -16.59% compared to the average of 1.22 of the last 4 quarters.
The mean historical Current Ratio of Cadence Capital Limited over the last ten years is 1.97. The current 1.01 Current Ratio has changed 5.04% with respect to the historical average. Over the past ten years (40 quarters), CDM.AX's Current Ratio was at its highest in in the September 2018 quarter at 14.54. The Current Ratio was at its lowest in in the March 2020 quarter at 0.51.
Average
1.97
Median
1.80
Minimum
0.51
Maximum
4.50
Discovering the peaks and valleys of Cadence Capital 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 = 279.40%
Maximum Annual Current Ratio = 4.50
Minimum Annual Increase = -72.01%
Minimum Annual Current Ratio = 0.51
Year | Current Ratio | Change |
---|---|---|
2024 | 1.01 | -56.97% |
2023 | 2.36 | 3.21% |
2022 | 2.28 | 107.21% |
2021 | 1.10 | 115.37% |
2020 | 0.51 | -61.08% |
2019 | 1.32 | -70.77% |
2018 | 4.50 | 49.37% |
2017 | 3.01 | 279.40% |
2016 | 0.79 | -72.01% |
2015 | 2.84 | -60.40% |
The current Current Ratio of Cadence Capital Limited (CDM.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
1.89
5-year avg
1.45
10-year avg
1.97
Cadence Capital Limited’s Current Ratio is less than Clime Capital Limited (5.70), less than WAM Research Limited (8.14), greater than WAM Capital Limited (0), less than BKI Investment Company Limited (33.01), less than Future Generation Investment Company Limited (36.08),
Company | Current Ratio | Market cap |
---|---|---|
5.70 | $118.44M | |
8.14 | $237.46M | |
0 | $1.78B | |
33.01 | $1.40B | |
36.08 | $505.26M |
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