ARG.AX
Price:
$9.09
Market Cap:
$6.92B
Argo Investments Limited is a publicly owned investment manager. The firm manages separate client focused equity portfolios for its clients. It invests in public equity markets of Australia. The firm employs a qualitative analysis with bottom-up stock picking approach to create its portfolio. It conducts in-house analysis to make its investments. Argo Investments Limited was founded in 1946 and is based in Adelaide, Australia with an additional office in Sydney, Australia.
Industry
Asset Management
IPO Date
1998-12-31
Stock Exchange
ASX
Ticker
ARG.AX
According to Argo Investments Limited’s latest financial reports and current stock price. The company's current Current Ratio is 124.76. This represents a change of 254.54% compared to the average of 35.19 of the last 4 quarters.
The mean historical Current Ratio of Argo Investments Limited over the last ten years is 43.42. The current 124.76 Current Ratio has changed 28.63% with respect to the historical average. Over the past ten years (40 quarters), ARG.AX's Current Ratio was at its highest in in the June 2022 quarter at 457.61. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
43.42
Median
14.47
Minimum
4.13
Maximum
125.65
Discovering the peaks and valleys of Argo Investments 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 = 2.92%
Maximum Annual Current Ratio = 125.65
Minimum Annual Increase = -72.19%
Minimum Annual Current Ratio = 4.13
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 124.76 | 2.92% |
| 2024 | 4.13 | -40.30% |
| 2023 | 6.92 | 59.56% |
| 2022 | 4.34 | -7.91% |
| 2021 | 4.71 | -72.19% |
| 2020 | 16.94 | 41.07% |
| 2019 | 12.01 | -65.04% |
| 2018 | 34.34 | -65.79% |
| 2017 | 100.40 | -20.10% |
| 2016 | 125.65 | 8.14% |
The current Current Ratio of Argo Investments Limited (ARG.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
45.27
5-year avg
28.97
10-year avg
43.42
Argo Investments Limited’s Current Ratio is greater than Australian Foundation Investment Company Limited (2.47), greater than Challenger Limited (2.54), greater than AMP Limited (0), greater than Pinnacle Investment Management Group Limited (0), greater than GQG Partners Inc. (6.80), greater than Bendigo and Adelaide Bank Limited (0.02), greater than Netwealth Group Limited (8.00), greater than Steadfast Group Limited (1.39), greater than WAM Leaders Limited (1.48), greater than Regal Partners Limited (3.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.47 | $8.87B | |
| 2.54 | $6.56B | |
| 0 | $4.66B | |
| 0 | $3.64B | |
| 6.80 | $5.29B | |
| 0.02 | $5.80B | |
| 8.00 | $6.19B | |
| 1.39 | $5.79B | |
| 1.48 | $1.79B | |
| 3.04 | $1.06B |
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