Magellan Financial Group Limited

Magellan Financial Group Limitedverified

MFG.AX

Price:

$10.84

Market Cap:

$1.93B

Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.[Read more]

Industry

Asset Management

IPO Date

2004-07-01

Stock Exchange

ASX

Ticker

MFG.AX

The Current Ratio as of January 2025 (TTM) for Magellan Financial Group Limited (MFG.AX) is 7.16

According to Magellan Financial Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 7.16. This represents a change of 94.37% compared to the average of 3.69 of the last 4 quarters.

Magellan Financial Group Limited (MFG.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Magellan Financial Group Limited over the last ten years is 5.38. The current 7.16 Current Ratio has changed 13.23% with respect to the historical average. Over the past ten years (40 quarters), MFG.AX's Current Ratio was at its highest in in the June 2011 quarter at 774.61. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

5.38

Median

5.86

Minimum

1.59

Maximum

9.83

Magellan Financial Group Limited (MFG.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Magellan Financial Group 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 = 266.52%

Maximum Annual Current Ratio = 9.83

Minimum Annual Increase = -83.83%

Minimum Annual Current Ratio = 1.59

Quarterly (TTM)
Annual
YearCurrent RatioChange
20247.16266.52%
20231.95-19.62%
20222.4352.97%
20211.59-83.83%
20209.8358.44%
20196.2012.62%
20185.51-30.37%
20177.9126.46%
20166.2627.73%
20154.90-0.76%

Magellan Financial Group Limited (MFG.AX) Average Current Ratio

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

The current Current Ratio of Magellan Financial Group Limited (MFG.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.85

5-year avg

4.59

10-year avg

5.38

Magellan Financial Group Limited (MFG.AX) Current Ratio vs. Peers

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

Magellan Financial Group Limited’s Current Ratio is less than Platinum Investment Management Limited (23.28), greater than REA Group Limited (1.53), greater than Altium Limited (2.70), greater than Challenger Limited (3.07), greater than Macquarie Group Limited (4.09),

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