FMG.AX
Price:
$14.69
Market Cap:
$29.14B
Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador, Argentina, Colombia, Peru, Chile, and Br...[Read more]
Industry
Industrial Materials
IPO Date
1999-07-26
Stock Exchange
ASX
Ticker
FMG.AX
According to Fortescue Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.70. This represents a change of 1.27% compared to the average of 2.67 of the last 4 quarters.
The mean historical Current Ratio of Fortescue Ltd over the last ten years is 2.00. The current 2.70 Current Ratio has changed 13.41% with respect to the historical average. Over the past ten years (40 quarters), FMG.AX's Current Ratio was at its highest in in the June 2005 quarter at 8.64. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
2.00
Median
2.17
Minimum
1.18
Maximum
2.85
Discovering the peaks and valleys of Fortescue 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 = 65.04%
Maximum Annual Current Ratio = 2.85
Minimum Annual Increase = -29.07%
Minimum Annual Current Ratio = 1.18
Year | Current Ratio | Change |
---|---|---|
2024 | 2.67 | 8.15% |
2023 | 2.47 | -13.59% |
2022 | 2.85 | 23.62% |
2021 | 2.31 | 2.49% |
2020 | 2.25 | 65.04% |
2019 | 1.37 | 2.51% |
2018 | 1.33 | 12.57% |
2017 | 1.18 | -20.22% |
2016 | 1.48 | -29.07% |
2015 | 2.09 | 52.70% |
The current Current Ratio of Fortescue Ltd (FMG.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.66
5-year avg
2.51
10-year avg
2.00
Fortescue Ltd’s Current Ratio is greater than Rio Tinto Group (1.63), greater than Westpac Banking Corporation (0.80), greater than Wesfarmers Limited (1.11), greater than ANZ Group Holdings Limited (0), greater than Macquarie Group Limited (2.66),
Company | Current Ratio | Market cap |
---|---|---|
1.63 | $145.72B | |
0.80 | $113.47B | |
1.11 | $94.46B | |
0 | $84.24B | |
2.66 | $76.16B |
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