LBL.AX
Price:
$0.565
Market Cap:
$66.29M
LaserBond Limited, a surface engineering company, engages in the development and application of materials, technologies, and methodologies to enhance operating performance and wear life of capital-intensive machinery components in Australia. The company offers composite carbide steel mill rolls; and drilling tools. It also provides laser cladding, welding, machining, heat treatment, metallurgy laboratory, surface coating, remanufacturing, and vacuum heat treatment services, as well as thermal spraying, hard facing, and polymer coating services. In addition, the company licenses its surface engineering technologies. It serves mining, drilling, mineral processing, power generation, transport a...[Read more]
Industry
Manufacturing - Tools & Accessories
IPO Date
2007-12-13
Stock Exchange
ASX
Ticker
LBL.AX
According to LaserBond Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.51. This represents a change of -8.90% compared to the average of 2.76 of the last 4 quarters.
The mean historical Current Ratio of LaserBond Limited over the last ten years is 2.85. The current 2.51 Current Ratio has changed 8.73% with respect to the historical average. Over the past ten years (40 quarters), LBL.AX's Current Ratio was at its highest in in the June 2015 quarter at 4.36. The Current Ratio was at its lowest in in the March 2009 quarter at 0.
Average
2.85
Median
2.68
Minimum
2.45
Maximum
4.36
Discovering the peaks and valleys of LaserBond 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 = 26.19%
Maximum Annual Current Ratio = 4.36
Minimum Annual Increase = -33.63%
Minimum Annual Current Ratio = 2.45
Year | Current Ratio | Change |
---|---|---|
2024 | 2.51 | -11.24% |
2023 | 2.83 | 15.67% |
2022 | 2.45 | -1.70% |
2021 | 2.49 | -3.54% |
2020 | 2.58 | 3.54% |
2019 | 2.49 | -10.08% |
2018 | 2.77 | -10.12% |
2017 | 3.09 | 6.54% |
2016 | 2.90 | -33.63% |
2015 | 4.36 | 26.19% |
The current Current Ratio of LaserBond Limited (LBL.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
2.60
5-year avg
2.57
10-year avg
2.85
LaserBond Limited’s Current Ratio is less than XRF Scientific Limited (3.75), greater than Kip McGrath Education Centres Limited (0.90), less than Korvest Ltd (3.09), greater than Lindsay Australia Limited (1.02), greater than Lycopodium Limited (2.44),
Company | Current Ratio | Market cap |
---|---|---|
3.75 | $262.72M | |
0.90 | $26.43M | |
3.09 | $125.74M | |
1.02 | $277.06M | |
2.44 | $410.96M |
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