Chorus Limited

Chorus Limitedverified

CNU.AX

Price:

$7.86

Market Cap:

$3.79B

Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; and high-speed digital subscriber line broadband services. The company builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets. It also provides colocation services. Chorus Limited was founded in 2008 and is based in Wellington, New Zealand.[Read more]

Industry

Telecommunications Services

IPO Date

2011-11-22

Stock Exchange

ASX

Ticker

CNU.AX

The Current Ratio as of January 2025 (TTM) for Chorus Limited (CNU.AX) is 0.37

According to Chorus Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.37. This represents a change of -20.02% compared to the average of 0.46 of the last 4 quarters.

Chorus Limited (CNU.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Chorus Limited over the last ten years is 0.21. The current 0.37 Current Ratio has changed 17.33% with respect to the historical average. Over the past ten years (40 quarters), CNU.AX's Current Ratio was at its highest in in the September 2018 quarter at 1.27. The Current Ratio was at its lowest in in the June 2017 quarter at -0.45.

Quarterly (TTM)
Annual

Average

0.21

Median

0.38

Minimum

-0.45

Maximum

0.54

Chorus Limited (CNU.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Chorus 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 = 139.94%

Maximum Annual Current Ratio = 0.54

Minimum Annual Increase = -220.93%

Minimum Annual Current Ratio = -0.45

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.37-6.39%
20230.40-21.51%
20220.5015.03%
20210.4498.91%
20200.22-44.90%
20190.40-25.75%
20180.54-220.93%
2017-0.45139.94%
2016-0.1967.49%
2015-0.11-63.70%

Chorus Limited (CNU.AX) Average Current Ratio

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

The current Current Ratio of Chorus Limited (CNU.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

0.42

5-year avg

0.39

10-year avg

0.21

Chorus Limited (CNU.AX) Current Ratio vs. Peers

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

Chorus Limited’s Current Ratio is less than Spark New Zealand Limited (1.01), less than Charter Hall Retail REIT (1.11), less than Fletcher Building Limited (1.53), greater than Growthpoint Properties Australia (0.21), less than Abacus Property Group (2.63),

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