FGL
Price:
$0.3755
Market Cap:
$26.11M
Founder Group Limited provides engineering, procurement, construction, and commissioning solutions for solar projects and commercial and industrial solar projects in Malaysia. The company also engages in the installation, testing, and commissioning of photovoltaic modules, inverters, DC cables, and related works; and civil works. It also provides operation and maintenance services. The company was founded in 2021 and is based in Klang, Malaysia.
Industry
Engineering & Construction
IPO Date
2020-01-24
Stock Exchange
NASDAQ
Ticker
FGL
According to Founder Group Limited Ordinary Shares’s latest financial reports and current stock price. The company's current Current Ratio is 0.89. This represents a change of 12.82% compared to the average of 0.79 of the last 4 quarters.
The mean historical Current Ratio of Founder Group Limited Ordinary Shares over the last ten years is 1.21. The current 0.89 Current Ratio has changed 7.28% with respect to the historical average. Over the past ten years (40 quarters), FGL's Current Ratio was at its highest in in the December 2021 quarter at 1.51. The Current Ratio was at its lowest in in the June 2023 quarter at 0.
Average
1.21
Median
1.22
Minimum
0.89
Maximum
1.51
Discovering the peaks and valleys of Founder Group Limited Ordinary Shares 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 = 0%
Maximum Annual Current Ratio = 1.51
Minimum Annual Increase = -23.22%
Minimum Annual Current Ratio = 0.89
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.89 | -23.22% |
| 2023 | 1.16 | -8.58% |
| 2022 | 1.27 | -16.01% |
The current Current Ratio of Founder Group Limited Ordinary Shares (FGL) 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
1.11
5-year avg
1.21
10-year avg
1.21
Founder Group Limited Ordinary Shares’s Current Ratio is greater than SKK Holdings Limited (0.79), greater than FBS Global Limited Ordinary Shares (0.87), less than Galaxy Payroll Group Limited (5.20), less than Antelope Enterprise Holdings Limited (2.52), greater than DevvStream Corp. Common Stock (0.07), less than Linkers Industries Limited (2.14), less than Iveda Solutions, Inc. (3.48), less than CDT Environmental Technology Investment Holdings Limited ordinary shares (1.50), less than Intelligent Group Limited (11.19), less than OceanPal Inc. (7.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.79 | $6.12M | |
| 0.87 | $10.08M | |
| 5.20 | $6.22M | |
| 2.52 | $11.04M | |
| 0.07 | $8.61M | |
| 2.14 | $4.66M | |
| 3.48 | $3.74M | |
| 1.50 | $5.46M | |
| 11.19 | $7.77M | |
| 7.05 | $7.58M |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Founder Group Limited Ordinary Shares (FGL)?
What is the 5-year average Current Ratio for Founder Group Limited Ordinary Shares (FGL)?
How does the current Current Ratio for Founder Group Limited Ordinary Shares (FGL) compare to its historical average?