Korvest Ltd

Korvest Ltdverified

KOV.AX

Price:

$10.7

Market Cap:

$125.74M

Korvest Ltd, together with its subsidiaries, engages in the hot dip galvanizing and sheet metal fabrication businesses in Australia. It operates through two segments, Industrial Products and Production. The Industrial Products segment manufactures electrical and cable support systems, which include channel, cable trays, cable ladders, cable mesh and ducts, and general and heavy duty pipe clamps and hangers, as well as specialist pipe supports products, other fittings, fasteners, and clamping components under the EzyStrut name. The Production segment provides hot dip galvanizing services. The company is also involved in the manufacture of cable and pipe support systems, and fittings. It serve...[Read more]

Industry

Manufacturing - Metal Fabrication

IPO Date

1988-01-31

Stock Exchange

ASX

Ticker

KOV.AX

The Current Ratio as of January 2025 (TTM) for Korvest Ltd (KOV.AX) is 3.09

According to Korvest Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 3.09. This represents a change of -3.12% compared to the average of 3.19 of the last 4 quarters.

Korvest Ltd (KOV.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Korvest Ltd over the last ten years is 3.12. The current 3.09 Current Ratio has changed 9.78% with respect to the historical average. Over the past ten years (40 quarters), KOV.AX's Current Ratio was at its highest in in the September 2012 quarter at 4.10. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

3.12

Median

3.06

Minimum

2.52

Maximum

3.91

Korvest Ltd (KOV.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Korvest 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 = 37.36%

Maximum Annual Current Ratio = 3.91

Minimum Annual Increase = -14.91%

Minimum Annual Current Ratio = 2.52

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.09-2.22%
20233.1612.19%
20222.8111.62%
20212.52-7.66%
20202.73-9.76%
20193.02-14.91%
20183.55-1.14%
20173.60-8.12%
20163.9137.36%
20152.853.38%

Korvest Ltd (KOV.AX) Average Current Ratio

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

The current Current Ratio of Korvest Ltd (KOV.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

3.02

5-year avg

2.86

10-year avg

3.12

Korvest Ltd (KOV.AX) Current Ratio vs. Peers

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

Korvest Ltd’s Current Ratio is greater than Lycopodium Limited (2.44), greater than Joyce Corporation Ltd (1.44), greater than K&S Corporation Limited (1.01), less than XRF Scientific Limited (3.75), greater than Lindsay Australia Limited (1.02),

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