TNGRF
Price:
$7.02
Market Cap:
$17.59B
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
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.
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.
Average
2.12
Median
1.27
Minimum
0.95
Maximum
4.45
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
Year | Current Ratio | Change |
---|---|---|
2023 | 2.26 | -49.18% |
2022 | 4.45 | 15.78% |
2021 | 3.84 | 203.47% |
2020 | 1.27 | 25.02% |
2019 | 1.01 | -1.72% |
2018 | 1.03 | 8.68% |
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’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),
Company | Current Ratio | Market cap |
---|---|---|
2.48 | $5.22B | |
0 | $275.67M | |
1.17 | $46.06B | |
0.65 | $93.95M | |
2.05 | $2.54B | |
2.59 | $5.22B | |
0.71 | $3.15B | |
3.84 | $1.89B | |
0.89 | $15.92B | |
4.96 | $2.29B |
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