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
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.
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.
Average
5.38
Median
5.86
Minimum
1.59
Maximum
9.83
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
Year | Current Ratio | Change |
---|---|---|
2024 | 7.16 | 266.52% |
2023 | 1.95 | -19.62% |
2022 | 2.43 | 52.97% |
2021 | 1.59 | -83.83% |
2020 | 9.83 | 58.44% |
2019 | 6.20 | 12.62% |
2018 | 5.51 | -30.37% |
2017 | 7.91 | 26.46% |
2016 | 6.26 | 27.73% |
2015 | 4.90 | -0.76% |
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’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),
Company | Current Ratio | Market cap |
---|---|---|
23.28 | $389.51M | |
1.53 | $31.59B | |
2.70 | $9.01B | |
3.07 | $4.11B | |
4.09 | $84.14B |
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What is the 5-year average Current Ratio for Magellan Financial Group Limited (MFG.AX)?
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