IGO Limited

IGO Limitedverified

IIDDY

Price:

$6.8

Market Cap:

$3.71B

IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located to the east northeast of Norseman in the Great Western Woodlands of Western Australia; a 100% interest in the Cosmos nickel operation located to the north of Leinster in Western Australia; and a 100% interest in the Forrestania nickel operation located to the east of Perth in Western Australia. The company also focuses on investing in lithium mines, as well as holds 100% interest in the downstream processing refinery at Kwinana in We...[Read more]

Industry

Industrial Materials

IPO Date

2021-03-01

Stock Exchange

PNK

Ticker

IIDDY

The Current Ratio as of December 2024 (TTM) for IGO Limited (IIDDY) is 5.85

According to IGO Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.85. This represents a change of 57.82% compared to the average of 3.71 of the last 4 quarters.

IGO Limited (IIDDY) Historical Current Ratio (quarterly & annually)

How has IIDDY Current Ratio performed in the past?

The mean historical Current Ratio of IGO Limited over the last ten years is 3.36. The current 5.85 Current Ratio has changed 17.32% with respect to the historical average. Over the past ten years (40 quarters), IIDDY's Current Ratio was at its highest in in the December 2020 quarter at 19.99. The Current Ratio was at its lowest in in the September 2008 quarter at 0.

Quarterly (TTM)
Annual

Average

3.36

Median

3.08

Minimum

0.81

Maximum

6.19

IGO Limited (IIDDY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of IGO 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 = 110.73%

Maximum Annual Current Ratio = 6.19

Minimum Annual Increase = -79.89%

Minimum Annual Current Ratio = 0.81

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.85110.73%
20232.7868.71%
20221.65-49.56%
20213.26-47.26%
20206.1939.40%
20194.4453.02%
20182.9071.10%
20171.70109.16%
20160.81-79.89%
20154.0382.83%

IGO Limited (IIDDY) Average Current Ratio

How has IIDDY Current Ratio performed in the past?

The current Current Ratio of IGO Limited (IIDDY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.43

5-year avg

3.95

10-year avg

3.36

IGO Limited (IIDDY) Current Ratio vs. Peers

How is IIDDY’s Current Ratio compared to its peers?

IGO Limited’s Current Ratio is less than Québec Nickel Corp. (14.87), greater than Nickel Industries Limited (3.59), greater than Mineral Resources Limited (1.07), less than Surge Copper Corp. (6.31), less than Decade Resources Ltd. (0), greater than Voyager Metals Inc. (0.38), less than Silver Spruce Resources Inc. (0), greater than Grid Metals Corp. (0.61), greater than Canada Rare Earth Corp. (1.07), greater than ZincX Resources Corp. (0.26), greater than Mundoro Capital Inc. (0.40), greater than Strategic Resources Inc. (1.71), greater than Norra Metals Corp. (1.13), greater than E79 Resources Corp. (0), less than Leading Edge Materials Corp. (99.98), less than Fireweed Metals Corp. (14.11), greater than Century Cobalt Corp. (3.82), greater than Australian Strategic Materials Ltd (0), greater than null (2.02),

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