CCG.AX
Price:
$0.07
Market Cap:
$38.21M
Comms Group Limited provides telecommunications and Information Technology (IT) services in Australia, New Zealand, Singapore, and internationally. It offers IT managed, cloud hosting, cloud communications, and unified communications services. The company was formerly known as CommsChoice Group Limited and changed its name to Comms Group Limited in November 2020. Comms Group Limited was incorporated in 2017 and is based in Sydney, Australia.
Industry
Information Technology Services
IPO Date
2017-12-20
Stock Exchange
ASX
Ticker
CCG.AX
According to Comms Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.62. This represents a change of -38.65% compared to the average of 1.01 of the last 4 quarters.
The mean historical Current Ratio of Comms Group Limited over the last ten years is 0.89. The current 0.62 Current Ratio has changed 6.87% with respect to the historical average. Over the past ten years (40 quarters), CCG.AX's Current Ratio was at its highest in in the December 2020 quarter at 2.37. The Current Ratio was at its lowest in in the December 2014 quarter at 0.
Average
0.89
Median
0.71
Minimum
0.54
Maximum
1.79
Discovering the peaks and valleys of Comms Group 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 = 105.16%
Maximum Annual Current Ratio = 1.79
Minimum Annual Increase = -61.49%
Minimum Annual Current Ratio = 0.54
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.62 | -8.80% |
| 2024 | 0.68 | -29.95% |
| 2023 | 0.97 | 40.64% |
| 2022 | 0.69 | -61.49% |
| 2021 | 1.79 | 45.52% |
| 2020 | 1.23 | 105.16% |
| 2019 | 0.60 | -42.77% |
| 2018 | 1.05 | 43.66% |
| 2017 | 0.73 | 36.40% |
| 2016 | 0.54 | -29.40% |
The current Current Ratio of Comms Group Limited (CCG.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
0.76
5-year avg
0.95
10-year avg
0.89
Comms Group Limited’s Current Ratio is less than Pointerra Limited (0.74), less than Change Financial Limited (1.04), greater than archTIS Limited (0.61), greater than Xref Limited (0.52), greater than Felix Group Holdings Ltd (0.46), less than iCetana Limited (2.91), greater than Gratifii Limited (0.45), less than Ovanti Ltd (1.77), less than DXN Limited (1.60), less than QuickFee Limited (1.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.74 | $33.81M | |
| 1.04 | $46.95M | |
| 0.61 | $36.74M | |
| 0.52 | $35.21M | |
| 0.46 | $32.62M | |
| 2.91 | $31.91M | |
| 0.45 | $26.39M | |
| 1.77 | $24.73M | |
| 1.60 | $12.79M | |
| 1.05 | $30.01M |
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