Golden Deeps Limited

Golden Deeps Limitedverified

GED.AX

Price:

$0.024

Market Cap:

$3.64M

Golden Deeps Limited, together with its subsidiaries, invests in, develops, and explores for mineral properties in Australia, Namibia, and Canada. It explores for gold, silver, copper, vanadium, lead, zinc, and cobalt deposits. The company holds 100% interests in the Havilah Project that consists of three granted tenement blocks covering an area of approximately 102 square kilometers; and the Tuckers Hill Project that covers approximately 140 square kilometers located in the Lachlan Fold Belt, New South Wales. It also holds an 80% interest in the Abenab Vanadium Project, which includes five prospecting licenses covering an area of 433.72 square kilometers in the Otavi Mountain land, northeas...[Read more]

Industry

Industrial Materials

IPO Date

1988-01-28

Stock Exchange

ASX

Ticker

GED.AX

The Current Ratio as of January 2025 (TTM) for Golden Deeps Limited (GED.AX) is 13.14

According to Golden Deeps Limited’s latest financial reports and current stock price. The company's current Current Ratio is 13.14. This represents a change of -61.20% compared to the average of 33.87 of the last 4 quarters.

Golden Deeps Limited (GED.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Golden Deeps Limited over the last ten years is 15.21. The current 13.14 Current Ratio has changed 8.54% with respect to the historical average. Over the past ten years (40 quarters), GED.AX's Current Ratio was at its highest in in the June 2022 quarter at 60.15. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

15.21

Median

3.90

Minimum

1.23

Maximum

60.15

Golden Deeps Limited (GED.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Golden Deeps 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 = 837.64%

Maximum Annual Current Ratio = 60.15

Minimum Annual Increase = -74.74%

Minimum Annual Current Ratio = 1.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
202413.14-74.74%
202352.04-13.49%
202260.15371.80%
202112.75837.64%
20201.3610.26%
20191.23-65.12%
20183.54183.05%
20171.25-70.67%
20164.2682.24%
20152.3488.77%

Golden Deeps Limited (GED.AX) Average Current Ratio

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

The current Current Ratio of Golden Deeps Limited (GED.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

41.78

5-year avg

27.89

10-year avg

15.21

Golden Deeps Limited (GED.AX) Current Ratio vs. Peers

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

Golden Deeps Limited’s Current Ratio is greater than Gateway Mining Limited (3.14), less than Havilah Resources Limited (15.36), greater than Helix Resources Limited (7.67), greater than Castle Minerals Limited (1.85), less than Gladiator Resources Limited (28.12),

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