FFT.AX
Price:
$0.008
Market Cap:
$6.35M
Future First Technologies Ltd engages in building of digital platforms in Australia. The company offers Asset Vision platform, a cloud-based digital platform, provides a real-time view of how assets are being inspected, maintained, and managed, as well as picture of compliance and contractual obligations; and FARMBUY, a real estate portal for searching rural properties. The company was formerly known as PS&C Limited and changed its name to Future First Technologies Ltd in October 2020. Future First Technologies Ltd was incorporated in 2013 and is headquartered in Melbourne, Australia.
Industry
Information Technology Services
IPO Date
2013-12-01
Stock Exchange
ASX
Ticker
FFT.AX
According to Future First Technologies Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.97. This represents a change of -12.64% compared to the average of 1.11 of the last 4 quarters.
The mean historical Current Ratio of Future First Technologies Ltd over the last ten years is 1.02. The current 0.97 Current Ratio has changed 9.40% with respect to the historical average. Over the past ten years (40 quarters), FFT.AX's Current Ratio was at its highest in in the June 2014 quarter at 1.54. The Current Ratio was at its lowest in in the June 2017 quarter at 0.52.
Average
1.02
Median
0.97
Minimum
0.52
Maximum
1.54
Discovering the peaks and valleys of Future First Technologies Ltd 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 = 141.51%
Maximum Annual Current Ratio = 1.54
Minimum Annual Increase = -62.06%
Minimum Annual Current Ratio = 0.52
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 0.97 | -31.21% |
| 2021 | 1.41 | -3.27% |
| 2020 | 1.46 | 141.51% |
| 2019 | 0.60 | 1.33% |
| 2018 | 0.60 | 15.40% |
| 2017 | 0.52 | -62.06% |
| 2016 | 1.36 | 85.63% |
| 2015 | 0.73 | -52.44% |
The current Current Ratio of Future First Technologies Ltd (FFT.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
1.28
5-year avg
1.01
10-year avg
1.02
Future First Technologies Ltd’s Current Ratio is greater than Entertainment Rewards Ltd (0.49), greater than LiveTiles Limited (0.60), less than SensOre Ltd (4.91), greater than Cipherpoint Limited (0.70), less than Delta Drone International Limited (4.25), less than Laybuy Group Holdings Limited (1.69), less than Sensera Limited (189.61), less than Gathid Ltd (2.04), greater than Shekel Brainweigh Ltd. (0.46), greater than My Rewards International Limited (0.16),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.49 | $28.15M | |
| 0.60 | $6.48M | |
| 4.91 | $6.81M | |
| 0.70 | $5.80M | |
| 4.25 | $6.21M | |
| 1.69 | $8.47M | |
| 189.61 | $6.21M | |
| 2.04 | $6.07M | |
| 0.46 | $4.95M | |
| 0.16 | $8.23M |
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