Netwealth Group Limited

Netwealth Group Limitedverified

NWL.AX

Price:

$30.41

Market Cap:

$7.44B

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. It offers financial intermediation services; superannuation products; managed accounts; and managed funds, as well as investor directed portfolio services. The company also provides investment wrap products for self-managed super fund (SMSF) clients; investment options, such as listed and international securities, managed account models, managed funds, term deposits, premium services, and investor rewards; insurance products; forms and disclosure documents; and resources and tools, as well as insurance, advisory, licensee, and private wealth solutions. In addition, it offers a super...[Read more]

Industry

Financial - Capital Markets

IPO Date

2017-11-19

Stock Exchange

ASX

Ticker

NWL.AX

The Current Ratio as of January 2025 (TTM) for Netwealth Group Limited (NWL.AX) is 5.12

According to Netwealth Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.12. This represents a change of 0.26% compared to the average of 5.11 of the last 4 quarters.

Netwealth Group Limited (NWL.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Netwealth Group Limited over the last ten years is 4.43. The current 5.12 Current Ratio has changed 11.47% with respect to the historical average. Over the past ten years (40 quarters), NWL.AX's Current Ratio was at its highest in in the June 2022 quarter at 6.47. The Current Ratio was at its lowest in in the December 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

4.43

Median

4.65

Minimum

2.54

Maximum

6.47

Netwealth Group Limited (NWL.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Netwealth 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 = 77.38%

Maximum Annual Current Ratio = 6.47

Minimum Annual Increase = -31.91%

Minimum Annual Current Ratio = 2.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.12-3.28%
20235.30-18.16%
20226.4731.15%
20214.9451.53%
20203.26-25.37%
20194.36-29.72%
20186.2177.38%
20173.5037.82%
20162.54-1.60%
20152.58-31.91%

Netwealth Group Limited (NWL.AX) Average Current Ratio

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

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

3-year avg

5.63

5-year avg

5.02

10-year avg

4.43

Netwealth Group Limited (NWL.AX) Current Ratio vs. Peers

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

Netwealth Group Limited’s Current Ratio is greater than HUB24 Limited (2.98), greater than IDP Education Limited (1.59), less than Pro Medicus Limited (5.98), less than Pinnacle Investment Management Group Limited (11.53), greater than WiseTech Global Limited (1.02),

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