CCR.AX
Price:
$0.255
Market Cap:
$108.04M
Credit Clear Limited engages in the development and implementation of receivables management platform, and provision of receivable collection services. The company operates in two segments, Receivable Collections and Legal Services. It offers technology-enabled communications platform that helps organizations to drive financial outcomes by changing the way customers manage their re-payments. The company also provides credit legal services. It serves the consumer, trade credit, automotive, financial services, government, utility, and insurance industries in Australia and New Zealand. The company was incorporated in 2015 and is based in Southbank, Australia.
Industry
Information Technology Services
IPO Date
2020-10-26
Stock Exchange
ASX
Ticker
CCR.AX
According to Credit Clear Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.75. This represents a change of -1.48% compared to the average of 1.77 of the last 4 quarters.
The mean historical Current Ratio of Credit Clear Limited over the last ten years is 2.38. The current 1.75 Current Ratio has changed 7.22% with respect to the historical average. Over the past ten years (40 quarters), CCR.AX's Current Ratio was at its highest in in the December 2020 quarter at 5.74. The Current Ratio was at its lowest in in the December 2019 quarter at 0.
Average
2.38
Median
1.75
Minimum
0.63
Maximum
5.06
Discovering the peaks and valleys of Credit Clear 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 = 654.00%
Maximum Annual Current Ratio = 5.06
Minimum Annual Increase = -75.11%
Minimum Annual Current Ratio = 0.63
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.75 | 1.70% |
| 2024 | 1.72 | -12.77% |
| 2023 | 1.97 | 26.55% |
| 2022 | 1.55 | -44.39% |
| 2021 | 2.80 | 122.10% |
| 2020 | 1.26 | -75.11% |
| 2019 | 5.06 | 6.71% |
| 2018 | 4.74 | 654.00% |
The current Current Ratio of Credit Clear Limited (CCR.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
1.81
5-year avg
1.96
10-year avg
2.38
Credit Clear Limited’s Current Ratio is less than Beforepay Group Limited (14.41), greater than COSOL Limited (1.49), less than Archer Materials Limited (23.34), greater than Findi Limited (0.80), less than Echo IQ Limited (30.30), less than Kinatico Ltd (2.08), greater than IODM Limited (0.26), greater than PlaySide Studios Limited (1.72), less than Optiscan Imaging Limited (5.87), greater than Adveritas Limited (1.72),
| Company | Current Ratio | Market cap |
|---|---|---|
| 14.41 | $127.04M | |
| 1.49 | $87.35M | |
| 23.34 | $98.12M | |
| 0.80 | $101.04M | |
| 30.30 | $159.32M | |
| 2.08 | $123.47M | |
| 0.26 | $83.24M | |
| 1.72 | $99.61M | |
| 5.87 | $95.59M | |
| 1.72 | $124.77M |
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