MGX.AX
Price:
$0.295
Market Cap:
$355.45M
Mount Gibson Iron Limited, together with its subsidiaries, engages in the mining, crushing, processing, transportation, and sale of hematite iron ore in Australia. The company primarily holds interests in the Extension Hill mine and Shine mine deposit in the Mid-West region of Western Australia, as well as operates haulage of the ore through road and rail for export from the Geraldton Port. It is also involved in the mining and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; and the treasury management activities. Mount Gibson Iron Limited was incorporated in 1938 and is headquartered in West Perth, Australia.[Read more]
Industry
Steel
IPO Date
2002-01-16
Stock Exchange
ASX
Ticker
MGX.AX
According to Mount Gibson Iron Limited’s latest financial reports and current stock price. The company's current Current Ratio is 8.75. This represents a change of 66.45% compared to the average of 5.26 of the last 4 quarters.
The mean historical Current Ratio of Mount Gibson Iron Limited over the last ten years is 6.82. The current 8.75 Current Ratio has changed 12.73% with respect to the historical average. Over the past ten years (40 quarters), MGX.AX's Current Ratio was at its highest in in the December 2016 quarter at 13.61. The Current Ratio was at its lowest in in the September 2008 quarter at 0.
Average
6.82
Median
6.06
Minimum
1.67
Maximum
12.58
Discovering the peaks and valleys of Mount Gibson Iron 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 = 134.35%
Maximum Annual Current Ratio = 12.58
Minimum Annual Increase = -50.16%
Minimum Annual Current Ratio = 1.67
Year | Current Ratio | Change |
---|---|---|
2024 | 8.75 | 134.35% |
2023 | 3.73 | 123.79% |
2022 | 1.67 | -50.16% |
2021 | 3.35 | -44.21% |
2020 | 6.00 | -1.95% |
2019 | 6.12 | -34.97% |
2018 | 9.41 | -25.20% |
2017 | 12.58 | 15.14% |
2016 | 10.93 | 93.24% |
2015 | 5.66 | 27.41% |
The current Current Ratio of Mount Gibson Iron Limited (MGX.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.72
5-year avg
4.70
10-year avg
6.82
Mount Gibson Iron Limited’s Current Ratio is greater than Macmahon Holdings Limited (1.25), greater than Grange Resources Ltd (7.81), greater than Mincor Resources NL (1.17), greater than BCI Minerals Limited (3.26), greater than Monadelphous Group Limited (1.65),
Company | Current Ratio | Market cap |
---|---|---|
1.25 | $686.24M | |
7.81 | $243.04M | |
1.17 | $751.22M | |
3.26 | $793.56M | |
1.65 | $1.43B |
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