NSRCF
Price:
$0.43
Market Cap:
$73.74M
NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. The company primarily explores for graphite and vanadium deposits. Its principal mineral property is the Molo graphite mine that includes 2,119 permits covering an area of 827.7 square kilometers located in Southern Madagascar Region, Madagascar. The company was formerly known as Energizer Resources Inc. and changed its name to NextSource Materials Inc. in April 2017. NextSource Materials Inc. was founded in 2004 and is headquartered in Toronto, Canada.[Read more]
Industry
Industrial Materials
IPO Date
2007-01-03
Stock Exchange
PNK
Ticker
NSRCF
According to NextSource Materials Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of -70.23% compared to the average of 4.36 of the last 4 quarters.
The mean historical Current Ratio of NextSource Materials Inc. over the last ten years is 1.14. The current 1.30 Current Ratio has changed 11.29% with respect to the historical average. Over the past ten years (40 quarters), NSRCF's Current Ratio was at its highest in in the September 2016 quarter at 11.54. The Current Ratio was at its lowest in in the September 2022 quarter at 0.19.
Average
1.14
Median
0.71
Minimum
0.22
Maximum
4.98
Discovering the peaks and valleys of NextSource Materials Inc. 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 = 366.30%
Maximum Annual Current Ratio = 4.98
Minimum Annual Increase = -84.75%
Minimum Annual Current Ratio = 0.22
Year | Current Ratio | Change |
---|---|---|
2024 | 1.30 | 27.79% |
2023 | 1.02 | 136.07% |
2022 | 0.43 | -11.01% |
2021 | 0.48 | 122.08% |
2020 | 0.22 | -54.62% |
2019 | 0.48 | -36.87% |
2018 | 0.76 | -84.75% |
2017 | 4.98 | 366.30% |
2016 | 1.07 | 62.69% |
2015 | 0.66 | -34.06% |
The current Current Ratio of NextSource Materials Inc. (NSRCF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.91
5-year avg
0.69
10-year avg
1.14
NextSource Materials Inc.’s Current Ratio is less than Leading Edge Materials Corp. (14.11), less than Syrah Resources Limited (4.55), less than Mason Graphite Inc. (96.78), less than Graphite One Inc. (1.63), greater than Northern Graphite Corporation (0.35),
Company | Current Ratio | Market cap |
---|---|---|
14.11 | $16.48M | |
4.55 | $196.63M | |
96.78 | $6.82M | |
1.63 | $85.74M | |
0.35 | $7.22M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like NextSource Materials Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like NextSource Materials Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is NextSource Materials Inc.'s Current Ratio?
How is the Current Ratio calculated for NextSource Materials Inc. (NSRCF)?
What is the highest Current Ratio for NextSource Materials Inc. (NSRCF)?
What is the 3-year average Current Ratio for NextSource Materials Inc. (NSRCF)?
What is the 5-year average Current Ratio for NextSource Materials Inc. (NSRCF)?
How does the current Current Ratio for NextSource Materials Inc. (NSRCF) compare to its historical average?