Syrah Resources Limited

Syrah Resources Limitedverified

SYR.AX

Price:

$0.18

Market Cap:

$186.28M

Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Mozambique. The company operates through Balama and Vidalia segments. Its flagship project is the Balama graphite and vanadium project located in Cabo Delgado Province, Mozambique. The company is also involved in the assessment and development of downstream Vidalia active anode material opportunities for natural flake graphite. It sells natural graphite in China, Europe, India, the Americas, and internationally. The company was incorporated in 2007 and is headquartered in Melbourne, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2007-09-11

Stock Exchange

ASX

Ticker

SYR.AX

The Current Ratio as of December 2024 (TTM) for Syrah Resources Limited (SYR.AX) is 4.55

According to Syrah Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.55. This represents a change of 40.88% compared to the average of 3.23 of the last 4 quarters.

Syrah Resources Limited (SYR.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Syrah Resources Limited over the last ten years is 7.97. The current 4.55 Current Ratio has changed 5.61% with respect to the historical average. Over the past ten years (40 quarters), SYR.AX's Current Ratio was at its highest in in the June 2009 quarter at 54.97. The Current Ratio was at its lowest in in the January 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

7.97

Median

6.42

Minimum

0.40

Maximum

23.90

Syrah Resources Limited (SYR.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Syrah 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 = 347.39%

Maximum Annual Current Ratio = 23.90

Minimum Annual Increase = -91.19%

Minimum Annual Current Ratio = 0.40

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.40-91.19%
20224.5530.98%
20213.48-66.93%
202010.5140.30%
20197.4949.24%
20185.02-34.72%
20177.69-32.14%
201611.33-52.60%
201523.90347.39%
20155.34-88.67%

Syrah Resources Limited (SYR.AX) Average Current Ratio

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

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

3-year avg

2.81

5-year avg

5.29

10-year avg

7.97

Syrah Resources Limited (SYR.AX) Current Ratio vs. Peers

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

Syrah Resources Limited’s Current Ratio is greater than Talga Group Ltd (3.16), greater than Pilbara Minerals Limited (4.52), less than IGO Limited (5.85), greater than Sandfire Resources Limited (1.44), greater than Magnis Energy Technologies Limited (0.20),

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