FBM.AX
Price:
$0.065
Market Cap:
$43.85M
Future Battery Minerals Limited explores for and develops mineral properties. It explores for copper, cobalt, nickel, gold, and zinc ores. It holds a 100% interest in the Saints Nickel projects covering an area of 20 square kilometers located in Western Australia; the Leinster Nickel projects covering an area of 112 square kilometers situated in Western Australia; and the Nepean Nickel project covering an area of 31 square kilometers located in Western Australia. The company also holds an interest in Arden Copper-Zinc, Bonaventura, and Torrens East Copper projects located in South Australia, as well as holds 80 % interest in the Nevada Lithium project located in Nevada, the United States. Th...[Read more]
Industry
Industrial Materials
IPO Date
2011-09-01
Stock Exchange
ASX
Ticker
FBM.AX
According to Future Battery Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 11.50. This represents a change of 25.30% compared to the average of 9.18 of the last 4 quarters.
The mean historical Current Ratio of Future Battery Minerals Limited over the last ten years is 22.13. The current 11.50 Current Ratio has changed 5.10% with respect to the historical average. Over the past ten years (40 quarters), FBM.AX's Current Ratio was at its highest in in the December 2016 quarter at 70.63. The Current Ratio was at its lowest in in the December 2011 quarter at 0.
Average
22.13
Median
12.74
Minimum
1.86
Maximum
69.82
Discovering the peaks and valleys of Future Battery Minerals 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 = 3.25%
Maximum Annual Current Ratio = 69.82
Minimum Annual Increase = -88.54%
Minimum Annual Current Ratio = 1.86
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 11.50 | 102.88% |
| 2024 | 5.67 | 123.01% |
| 2023 | 2.54 | -43.29% |
| 2022 | 4.48 | 141.57% |
| 2021 | 1.86 | -88.54% |
| 2020 | 16.20 | 15.81% |
| 2019 | 13.98 | -53.49% |
| 2018 | 30.07 | -56.93% |
| 2017 | 69.82 | 7.04% |
| 2016 | 65.23 | 3.25% |
The current Current Ratio of Future Battery Minerals Limited (FBM.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
6.57
5-year avg
5.21
10-year avg
22.13
Future Battery Minerals Limited’s Current Ratio is greater than Black Rock Mining Ltd (1.48), greater than Hawsons Iron Limited (0.26), greater than Avenira Limited (0.20), greater than Alara Resources Limited (0.33), greater than Agrimin Limited (2.85), greater than DeSoto Resources Limited (7.57), greater than Australian Mines Limited (8.28), greater than EV Resources Limited (0.55), less than Southern Hemisphere Mining Limited (12.82), greater than Coda Minerals Limited (6.44),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.48 | $29.08M | |
| 0.26 | $31.61M | |
| 0.20 | $29.81M | |
| 0.33 | $28.91M | |
| 2.85 | $23.87M | |
| 7.57 | $39.49M | |
| 8.28 | $32.18M | |
| 0.55 | $20.25M | |
| 12.82 | $26.50M | |
| 6.44 | $34.68M |
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What is the 5-year average Current Ratio for Future Battery Minerals Limited (FBM.AX)?
How does the current Current Ratio for Future Battery Minerals Limited (FBM.AX) compare to its historical average?