XRO.AX
Price:
$168.92
Market Cap:
$28.55B
Xero Limited, together with its subsidiaries, operates as a software as a service company in New Zealand, Australia, the United Kingdom, and internationally. The company offers Xero, an open platform that connects small businesses to a range of solutions, which helps to manage their finances. It also provides Xero mobile app; and accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook or Xero Ledger. Xero Limited was incorporated in 2006 and is headquartered in Wellington, New Zealand.[Read more]
Industry
Software - Application
IPO Date
2012-11-07
Stock Exchange
ASX
Ticker
XRO.AX
According to Xero Limited’s latest financial reports and current stock price. The company's current Current Ratio is 6.62. This represents a change of 14.20% compared to the average of 5.79 of the last 4 quarters.
The mean historical Current Ratio of Xero Limited over the last ten years is 5.40. The current 6.62 Current Ratio has changed 12.14% with respect to the historical average. Over the past ten years (40 quarters), XRO.AX's Current Ratio was at its highest in in the March 2014 quarter at 13.30. The Current Ratio was at its lowest in in the June 2009 quarter at 0.
Average
5.40
Median
5.52
Minimum
1.71
Maximum
9.63
Discovering the peaks and valleys of Xero 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 = Infinity%
Maximum Annual Current Ratio = 9.63
Minimum Annual Increase = -53.07%
Minimum Annual Current Ratio = 1.71
Year | Current Ratio | Change |
---|---|---|
2024 | 6.62 | 33.57% |
2023 | 4.95 | -9.17% |
2022 | 5.45 | -23.54% |
2021 | 7.13 | 15.30% |
2020 | 6.19 | 10.83% |
2019 | 5.58 | 226.86% |
2018 | 1.71 | -24.08% |
2017 | 2.25 | -50.24% |
2016 | 4.52 | -53.07% |
2015 | 9.63 | Infinity% |
The current Current Ratio of Xero Limited (XRO.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.68
5-year avg
6.07
10-year avg
5.40
Xero Limited’s Current Ratio is greater than Altium Limited (2.70), greater than WiseTech Global Limited (1.02), greater than Appen Limited (1.95), less than NEXTDC Limited (8.86), greater than REA Group Limited (1.53),
Company | Current Ratio | Market cap |
---|---|---|
2.70 | $9.01B | |
1.02 | $40.48B | |
1.95 | $664.87M | |
8.86 | $9.88B | |
1.53 | $31.30B |
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What is the Current Ratio?
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What is Xero Limited's Current Ratio?
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What is the 3-year average Current Ratio for Xero Limited (XRO.AX)?
What is the 5-year average Current Ratio for Xero Limited (XRO.AX)?
How does the current Current Ratio for Xero Limited (XRO.AX) compare to its historical average?