CXX.AX
Price:
$0.041
Market Cap:
$9.43M
Cradle Resources Limited engages in the exploration of mineral resources in Australia. The company was incorporated in 2011 and is based in West Perth, Australia.
Industry
Industrial Materials
IPO Date
2011-09-16
Stock Exchange
ASX
Ticker
CXX.AX
According to Cradle Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of -93.64% compared to the average of 1.98 of the last 4 quarters.
The mean historical Current Ratio of Cradle Resources Limited over the last ten years is 9.24. The current 0.13 Current Ratio has changed 36.36% with respect to the historical average. Over the past ten years (40 quarters), CXX.AX's Current Ratio was at its highest in in the December 2012 quarter at 156.34. The Current Ratio was at its lowest in in the December 2011 quarter at 0.
Average
9.24
Median
3.17
Minimum
0.13
Maximum
33.60
Discovering the peaks and valleys of Cradle Resources 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 = 2.18%
Maximum Annual Current Ratio = 33.60
Minimum Annual Increase = -96.34%
Minimum Annual Current Ratio = 0.13
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.13 | -94.54% |
| 2022 | 2.31 | -28.76% |
| 2021 | 3.24 | -74.97% |
| 2020 | 12.96 | -61.43% |
| 2019 | 33.60 | 170.85% |
| 2018 | 12.41 | 301.79% |
| 2017 | 3.09 | -86.50% |
| 2016 | 22.86 | 2.18% |
| 2015 | 1.00 | 19.75% |
| 2014 | 0.84 | -96.34% |
The current Current Ratio of Cradle Resources Limited (CXX.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
1.89
5-year avg
10.45
10-year avg
9.24
Cradle Resources Limited’s Current Ratio is less than Pan Asia Metals Limited (0.21), less than Consolidated Zinc Limited (1.68), less than Todd River Resources Limited (5.59), less than Hexagon Energy Materials Limited (2.46), less than Lanthanein Resources Limited (8.10), less than SI6 Metals Limited (1.18), less than Lykos Metals Limited (6.46), less than Armada Metals Limited (0.19), less than Dominion Minerals Limited (16.54), greater than Pacific Nickel Mines Limited (0.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.21 | $9.91M | |
| 1.68 | $8.68M | |
| 5.59 | $10.41M | |
| 2.46 | $10.77M | |
| 8.10 | $8.34M | |
| 1.18 | $7.82M | |
| 6.46 | $7.77M | |
| 0.19 | $7.32M | |
| 16.54 | $7.23M | |
| 0.03 | $10.10M |
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