DLCG.TO
Price:
$9.84
Market Cap:
$764.24M
Dominion Lending Centres Inc. provides mortgage brokerage franchising and data connectivity services in Canada. The company operates in two segments, Core Business Operations and Non-Core Business Asset Management. As of December 31, 2021, it operated through 207 franchisees. The company was formerly known as Founders Advantage Capital Corp. Dominion Lending Centres Inc. was founded in 2006 and is headquartered in Calgary, Canada.
Industry
Financial - Mortgages
IPO Date
2016-05-19
Stock Exchange
TSX
Ticker
DLCG.TO
According to Dominion Lending Centres Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.66. This represents a change of 12.04% compared to the average of 0.59 of the last 4 quarters.
The mean historical Current Ratio of Dominion Lending Centres Inc. over the last ten years is 5.96. The current 0.66 Current Ratio has changed 1.00% with respect to the historical average. Over the past ten years (40 quarters), DLCG.TO's Current Ratio was at its highest in in the September 2015 quarter at 53.44. The Current Ratio was at its lowest in in the March 2017 quarter at 0.40.
Average
5.96
Median
0.67
Minimum
0.52
Maximum
53.44
Discovering the peaks and valleys of Dominion Lending Centres Inc. 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 = 80.72%
Maximum Annual Current Ratio = 53.44
Minimum Annual Increase = -99.02%
Minimum Annual Current Ratio = 0.52
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.59 | -12.89% |
| 2023 | 0.68 | -1.58% |
| 2022 | 0.69 | 9.51% |
| 2021 | 0.63 | 0.21% |
| 2020 | 0.63 | -3.80% |
| 2019 | 0.65 | -17.27% |
| 2018 | 0.79 | -16.11% |
| 2017 | 0.94 | 80.72% |
| 2016 | 0.52 | -99.02% |
| 2015 | 53.44 | 49.55% |
The current Current Ratio of Dominion Lending Centres Inc. (DLCG.TO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.65
5-year avg
0.65
10-year avg
5.96
Dominion Lending Centres Inc.’s Current Ratio is greater than MCAN Mortgage Corporation (0), less than ECN Capital Corp. (7.37), less than Timbercreek Financial Corp. (2.99), less than Senvest Capital Inc. (7.23), less than Financial 15 Split Corp. (1.98), less than Atrium Mortgage Investment Corporation (1.20), less than The Westaim Corporation (25.73), less than AGF Management Limited (1.06), less than Dividend 15 Split Corp. (1.65),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $895.26M | |
| 7.37 | $859.29M | |
| 2.99 | $551.96M | |
| 7.23 | $852.94M | |
| 1.98 | $753.93M | |
| 1.20 | $543.14M | |
| 25.73 | $827.04M | |
| 1.06 | $939.17M | |
| 1.65 | $958.65M |
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What is the Current Ratio?
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