Minbos Resources Limited

Minbos Resources Limitedverified

MNB.AX

Price:

$0.059

Market Cap:

$57.23M

Minbos Resources Limited explores for and develops mineral projects. The company primarily explores for phosphate. It focuses on the development of the Capanda Green Ammonia Project and the Cabinda Phosphate Project in Angola and middle Africa. The company was incorporated in 2009 and is based in Subiaco, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2010-10-17

Stock Exchange

ASX

Ticker

MNB.AX

The Current Ratio as of January 2025 (TTM) for Minbos Resources Limited (MNB.AX) is 3.33

According to Minbos Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.33. This represents a change of -62.59% compared to the average of 8.89 of the last 4 quarters.

Minbos Resources Limited (MNB.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Minbos Resources Limited over the last ten years is 11.44. The current 3.33 Current Ratio has changed 2.81% with respect to the historical average. Over the past ten years (40 quarters), MNB.AX's Current Ratio was at its highest in in the September 2011 quarter at 59.03. The Current Ratio was at its lowest in in the January 2010 quarter at 0.

Quarterly (TTM)
Annual

Average

11.44

Median

11.53

Minimum

0.68

Maximum

25.15

Minbos Resources Limited (MNB.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Minbos Resources 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 = 2.86%

Maximum Annual Current Ratio = 25.15

Minimum Annual Increase = -87.99%

Minimum Annual Current Ratio = 0.68

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.33-80.93%
202217.44559.48%
20222.64-87.99%
202122.03481.33%
20203.79-76.80%
201916.34-35.04%
201825.15168.70%
20179.36-31.68%
201613.701.93%
20150.682.86%

Minbos Resources Limited (MNB.AX) Average Current Ratio

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

The current Current Ratio of Minbos Resources Limited (MNB.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

7.80

5-year avg

9.85

10-year avg

11.44

Minbos Resources Limited (MNB.AX) Current Ratio vs. Peers

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

Minbos Resources Limited’s Current Ratio is less than Euro Manganese Inc. (4.61), less than Pursuit Minerals Limited (5.62), greater than Elixir Energy Limited (1.88), less than Galileo Mining Ltd (17.43), greater than Tempus Resources Limited (0.52),

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