Thungela Resources Limited

Thungela Resources Limitedverified

TNGRF

Price:

$7.5

Market Cap:

$19.07B

Thungela Resources Limited engages in the mining and production of thermal coal in South Africa. The company owns interests in and produces its thermal coal from seven mining operations in the Mpumalanga province of South Africa, including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery. It also exports its products to Indian, Asian, SEA, the Middle East, and North African markets. The company was founded in 1945 and is based in Johannesburg, South Africa.[Read more]

Industry

Coal

IPO Date

2021-06-16

Stock Exchange

PNK

Ticker

TNGRF

The Current Ratio as of November 2024 (TTM) for Thungela Resources Limited (TNGRF) is 1.89

According to Thungela Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.89. This represents a change of -24.07% compared to the average of 2.49 of the last 4 quarters.

Thungela Resources Limited (TNGRF) Historical Current Ratio (quarterly & annually)

How has TNGRF Current Ratio performed in the past?

The mean historical Current Ratio of Thungela Resources Limited over the last ten years is 2.12. The current 1.89 Current Ratio has changed 8.82% with respect to the historical average. Over the past ten years (40 quarters), TNGRF's Current Ratio was at its highest in in the September 2022 quarter at 4.45. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.12

Median

1.27

Minimum

0.95

Maximum

4.45

Thungela Resources Limited (TNGRF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Thungela 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 = 203.47%

Maximum Annual Current Ratio = 4.45

Minimum Annual Increase = -49.18%

Minimum Annual Current Ratio = 0.95

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.26-49.18%
20224.4515.78%
20213.84203.47%
20201.2725.02%
20191.01-1.72%
20181.038.68%

Thungela Resources Limited (TNGRF) Average Current Ratio

How has TNGRF Current Ratio performed in the past?

The current Current Ratio of Thungela Resources Limited (TNGRF) 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

3.52

5-year avg

2.57

10-year avg

2.12

Thungela Resources Limited (TNGRF) Current Ratio vs. Peers

How is TNGRF’s Current Ratio compared to its peers?

Thungela Resources Limited’s Current Ratio is less than PT Adaro Energy Indonesia Tbk (2.48), greater than Geo Energy Resources Limited (0), greater than PT Bukit Asam Tbk (1.17), greater than TerraCom Limited (0.65), less than New Hope Corporation Limited (2.05), less than Yancoal Australia Ltd (2.59), greater than Whitehaven Coal Limited (0.71), less than PT Indo Tambangraya Megah Tbk (3.84), greater than Yankuang Energy Group Company Limited (0.89), less than Exxaro Resources Limited (4.96),

Build a custom stock screener for Thungela Resources Limited (TNGRF) and other stocks

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 Thungela Resources Limited 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:

Custom stock screener in Wisesheets

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.

Thungela Resources Limited (TNGRF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Thungela Resources Limited 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Thungela Resources Limited's Current Ratio?

How is the Current Ratio calculated for Thungela Resources Limited (TNGRF)?

What is the highest Current Ratio for Thungela Resources Limited (TNGRF)?

What is the 3-year average Current Ratio for Thungela Resources Limited (TNGRF)?

What is the 5-year average Current Ratio for Thungela Resources Limited (TNGRF)?

How does the current Current Ratio for Thungela Resources Limited (TNGRF) compare to its historical average?