Tower Limited

Tower Limitedverified

TWR.AX

Price:

$1.23

Market Cap:

$518.00M

Tower Limited provides general insurance products in New Zealand and the Pacific Islands. Its insurance products include car, contents, renters', house, landlord, business, travel, boat, motorbike, electric vehicle, lifestyle block and farm, motorhome, and caravan or trailer insurance. The company was founded in 1869 and is headquartered in Auckland, New Zealand.[Read more]

Industry

Insurance - Property & Casualty

IPO Date

1999-09-27

Stock Exchange

ASX

Ticker

TWR.AX

The Current Ratio as of January 2025 (TTM) for Tower Limited (TWR.AX) is 0

According to Tower Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 7.36 of the last 4 quarters.

Tower Limited (TWR.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Tower Limited over the last ten years is 13.62. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), TWR.AX's Current Ratio was at its highest in in the June 2015 quarter at 38.63. The Current Ratio was at its lowest in in the December 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

13.62

Median

17.89

Minimum

0

Maximum

26.93

Tower Limited (TWR.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tower 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 = 472.02%

Maximum Annual Current Ratio = 26.93

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240-100.00%
20231.40-91.04%
202215.62-22.55%
202120.17-1.13%
202020.40472.02%
20193.57-20.87%
20184.51-79.61%
201722.102.74%
201621.51-20.12%
201526.93-21.34%

Tower Limited (TWR.AX) Average Current Ratio

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

The current Current Ratio of Tower Limited (TWR.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

5.67

5-year avg

11.52

10-year avg

13.62

Tower Limited (TWR.AX) Current Ratio vs. Peers

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

Tower Limited’s Current Ratio is less than Sunland Group Limited (4.85), less than Ridley Corporation Limited (1.12), less than Hills Limited (1.07), less than Solis Minerals Ltd. (6.75), less than Perpetual Limited (0.52),

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