Southern Cross Media Group Limited

Southern Cross Media Group Limitedverified

SXL.AX

Price:

$0.605

Market Cap:

$145.14M

Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation of audio content for distribution on broadcast and digital networks. It operates in two segments, Audio and Television. The company owns 99 radio stations in FM, AM, and DAB+ radio, as well as 34 regional radio stations; broadcasts 93 free to air TV signals in regional Australia; operates LiSTNR, an audio destination for consumers housing radio, podcasts, music, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio. It also provides social media, live events, and digital platforms that deliver national and local entertainment, and news content. The company was fo...[Read more]

Industry

Entertainment

IPO Date

2005-11-15

Stock Exchange

ASX

Ticker

SXL.AX

The Current Ratio as of January 2025 (TTM) for Southern Cross Media Group Limited (SXL.AX) is 1.56

According to Southern Cross Media Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.56. This represents a change of -7.42% compared to the average of 1.69 of the last 4 quarters.

Southern Cross Media Group Limited (SXL.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Southern Cross Media Group Limited over the last ten years is 2.00. The current 1.56 Current Ratio has changed 7.69% with respect to the historical average. Over the past ten years (40 quarters), SXL.AX's Current Ratio was at its highest in in the June 2020 quarter at 3.98. The Current Ratio was at its lowest in in the September 2008 quarter at 0.

Quarterly (TTM)
Annual

Average

2.00

Median

1.82

Minimum

1.44

Maximum

3.98

Southern Cross Media Group Limited (SXL.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Southern Cross Media 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 = 84.25%

Maximum Annual Current Ratio = 3.98

Minimum Annual Increase = -55.09%

Minimum Annual Current Ratio = 1.44

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.566.00%
20231.47-20.78%
20221.863.88%
20211.79-55.09%
20203.9884.25%
20192.165.38%
20182.0514.86%
20171.7923.94%
20161.44-24.98%
20151.9248.90%

Southern Cross Media Group Limited (SXL.AX) Average Current Ratio

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

The current Current Ratio of Southern Cross Media Group Limited (SXL.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

1.63

5-year avg

2.13

10-year avg

2.00

Southern Cross Media Group Limited (SXL.AX) Current Ratio vs. Peers

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

Southern Cross Media Group Limited’s Current Ratio is greater than Seven West Media Limited (1.41), greater than oOh!media Limited (0.76), greater than Nine Entertainment Co. Holdings Limited (1.03), greater than Seven Group Holdings Limited (1.35), greater than SkyCity Entertainment Group Limited (0.37),

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