GRR.AX
Price:
$0.21
Market Cap:
$243.04M
Grange Resources Limited owns and operates integrated iron ore mining and pellet production business in the northwest region of Tasmania. The company is involved in the mining, processing, and sale of iron ore; and exploration, evaluation, and development of mineral resources. It owns interests in the Savage River project in Tasmania; Pellet Plant project in Port Latta located to the northwest of Burnie; and Southdown magnetite project located in Western Australia. Grange Resources Limited is based in Burnie, Australia.[Read more]
Industry
Industrial Materials
IPO Date
1988-01-31
Stock Exchange
ASX
Ticker
GRR.AX
According to Grange Resources Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 7.81. This represents a change of 11.06% compared to the average of 7.03 of the last 4 quarters.
The mean historical Current Ratio of Grange Resources Ltd over the last ten years is 5.35. The current 7.81 Current Ratio has changed 14.50% with respect to the historical average. Over the past ten years (40 quarters), GRR.AX's Current Ratio was at its highest in in the June 2024 quarter at 7.81. The Current Ratio was at its lowest in in the January 2008 quarter at 0.
Average
5.35
Median
5.29
Minimum
3.68
Maximum
6.97
Discovering the peaks and valleys of Grange Resources Ltd 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 = 36.97%
Maximum Annual Current Ratio = 6.97
Minimum Annual Increase = -31.09%
Minimum Annual Current Ratio = 3.68
Year | Current Ratio | Change |
---|---|---|
2023 | 6.97 | 25.51% |
2022 | 5.55 | 36.52% |
2021 | 4.07 | -19.23% |
2020 | 5.03 | 36.97% |
2019 | 3.68 | -15.96% |
2018 | 4.37 | -31.09% |
2017 | 6.35 | -1.35% |
2016 | 6.43 | 5.09% |
2015 | 6.12 | 24.92% |
2014 | 4.90 | 7.64% |
The current Current Ratio of Grange Resources Ltd (GRR.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.53
5-year avg
5.06
10-year avg
5.35
Grange Resources Ltd’s Current Ratio is less than Mount Gibson Iron Limited (8.75), greater than Ramelius Resources Limited (3.45), greater than IGO Limited (5.85), greater than New Hope Corporation Limited (2.05), greater than Base Resources Limited (2.35),
Company | Current Ratio | Market cap |
---|---|---|
8.75 | $355.45M | |
3.45 | $2.49B | |
5.85 | $3.80B | |
2.05 | $4.09B | |
2.35 | $298.03M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Grange Resources Ltd using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Grange Resources Ltd or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Grange Resources Ltd's Current Ratio?
How is the Current Ratio calculated for Grange Resources Ltd (GRR.AX)?
What is the highest Current Ratio for Grange Resources Ltd (GRR.AX)?
What is the 3-year average Current Ratio for Grange Resources Ltd (GRR.AX)?
What is the 5-year average Current Ratio for Grange Resources Ltd (GRR.AX)?
How does the current Current Ratio for Grange Resources Ltd (GRR.AX) compare to its historical average?