Danakali Limited

Danakali Limitedverified

DNK.AX

Price:

$0.41

Market Cap:

$151.02M

Danakali Limited, together with its subsidiaries, engages in the exploration of minerals in Eritrea, East Africa. It focuses on the development of the Colluli potash project located in the Danakil Depression region of Eritrea. The company was formerly known as South Boulder Mines Ltd. and changed its name to Danakali Limited in June 2015. Danakali Limited was incorporated in 2001 and is based in Perth, Australia.

Industry

Agricultural Inputs

IPO Date

2003-10-17

Stock Exchange

ASX

Ticker

DNK.AX

The Current Ratio as of November 2025 (TTM) for Danakali Limited (DNK.AX) is 290.78

According to Danakali Limited’s latest financial reports and current stock price. The company's current Current Ratio is 290.78. This represents a change of -7.13% compared to the average of 313.09 of the last 4 quarters.

Danakali Limited (DNK.AX) Historical Current Ratio (quarterly & annually)

How has DNK.AX Current Ratio performed in the past?

The mean historical Current Ratio of Danakali Limited over the last ten years is 43.40. The current 290.78 Current Ratio has changed 66.89% with respect to the historical average. Over the past ten years (40 quarters), DNK.AX's Current Ratio was at its highest in in the June 2023 quarter at 838.35. The Current Ratio was at its lowest in in the January 2005 quarter at 0.

Quarterly (TTM)
Annual

Average

43.40

Median

15.20

Minimum

2.89

Maximum

290.78

Danakali Limited (DNK.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Danakali 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 = 1.65%

Maximum Annual Current Ratio = 290.78

Minimum Annual Increase = -90.73%

Minimum Annual Current Ratio = 2.89

Quarterly (TTM)
Annual
YearCurrent RatioChange
2023290.781.65%
202216.59-2.83%
202117.0733.08%
202012.83343.49%
20192.89-90.73%
201831.21149.80%
201712.49-60.85%
201631.91617.66%
20154.45-67.79%
201413.80-36.58%

Danakali Limited (DNK.AX) Average Current Ratio

How has DNK.AX Current Ratio performed in the past?

The current Current Ratio of Danakali Limited (DNK.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

108.15

5-year avg

68.03

10-year avg

43.40

Danakali Limited (DNK.AX) Current Ratio vs. Peers

How is DNK.AX’s Current Ratio compared to its peers?

Danakali Limited’s Current Ratio is greater than CI Resources Limited (1.66), greater than New Century Resources Limited (1.00), greater than Essential Metals Limited (6.44), greater than Peak Minerals Limited (2.50), greater than Breaker Resources NL (20.61), greater than Strandline Resources Limited (0.17), greater than Lion One Metals Limited (2.90), greater than Auteco Minerals Limited (8.43), greater than Labyrinth Resources Limited (1.05), greater than Ten Sixty Four Limited (3.34),

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