AVM.AX
Price:
$0.11
Market Cap:
$29.36M
Advance Metals Limited operates as a mineral exploration company in Canada and Australia. The company holds a 100% interest in the Elko coking coal project comprising 3 exploration licenses covering an area of approximately 8,824 acres located in Kootenay region in British Columbia, Canada; and the Anderson Creek gold project covering an area of 2,340 acres, as well as the Garnet Creek copper project that consists of 1,150 hectares located in Idaho. It also has exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma; and focuses on the development of renewable hydro projects within Australia and the South Pacific Region. The company was formerly known as Pacific...[Read more]
Industry
Industrial - Distribution
IPO Date
2007-12-19
Stock Exchange
ASX
Ticker
AVM.AX
According to Advance Metals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 6.77. This represents a change of 7.83% compared to the average of 6.28 of the last 4 quarters.
The mean historical Current Ratio of Advance Metals Limited over the last ten years is 8.97. The current 6.77 Current Ratio has changed 7.44% with respect to the historical average. Over the past ten years (40 quarters), AVM.AX's Current Ratio was at its highest in in the March 2018 quarter at 21.82. The Current Ratio was at its lowest in in the September 2019 quarter at 2.24.
Average
8.97
Median
9.12
Minimum
2.24
Maximum
17.39
Discovering the peaks and valleys of Advance Metals 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 = 1.68%
Maximum Annual Current Ratio = 17.39
Minimum Annual Increase = -77.00%
Minimum Annual Current Ratio = 2.24
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.78 | 85.08% |
| 2023 | 3.13 | -54.48% |
| 2022 | 6.87 | -46.71% |
| 2021 | 12.88 | 51.40% |
| 2020 | 8.51 | 279.93% |
| 2019 | 2.24 | -77.00% |
| 2018 | 9.74 | -26.85% |
| 2017 | 13.31 | 34.91% |
| 2016 | 9.87 | -43.24% |
| 2015 | 17.39 | 1.68% |
The current Current Ratio of Advance Metals Limited (AVM.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.26
5-year avg
7.43
10-year avg
8.97
Advance Metals Limited’s Current Ratio is greater than Straker Limited (2.48), greater than Close the Loop Ltd (0.81), greater than Orbital Corporation Limited (1.04), greater than Aurora Labs Limited (1.28), greater than Eden Innovations Ltd (0.48), greater than MOVE Logistics Group Limited (0.60), greater than EVZ Limited (1.41), greater than De.mem Limited (1.47), greater than Zicom Group Limited (1.26), greater than DTI Group Limited (1.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.48 | $18.02M | |
| 0.81 | $19.15M | |
| 1.04 | $24.85M | |
| 1.28 | $17.34M | |
| 0.48 | $19.57M | |
| 0.60 | $21.69M | |
| 1.41 | $26.69M | |
| 1.47 | $30.70M | |
| 1.26 | $33.25M | |
| 1.37 | $9.85M |
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 Advance Metals 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:
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.
The easiest way to analyze a company like Advance Metals 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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Advance Metals Limited's Current Ratio?
How is the Current Ratio calculated for Advance Metals Limited (AVM.AX)?
What is the highest Current Ratio for Advance Metals Limited (AVM.AX)?
What is the 3-year average Current Ratio for Advance Metals Limited (AVM.AX)?
What is the 5-year average Current Ratio for Advance Metals Limited (AVM.AX)?
How does the current Current Ratio for Advance Metals Limited (AVM.AX) compare to its historical average?