GDA.AX
Price:
$0.32
Market Cap:
$42.28M
Good Drinks Australia Limited engages in brewing, packaging, marketing, and selling beer, cider, and other beverages. It operates in two segments, Core and Hospitality. The company offers its products under the Gage Roads, Matso's, Atomic, Alby, Hello Sunshine, San Miguel, Miller, Coors, and Magners brands. It is also involved in the operation of hospitality venues, as well as agency business. The company was formerly known as Gage Roads Brewing Co. Limited and changed its name to Good Drinks Australia Ltd in November 2020. Good Drinks Australia Limited was incorporated in 2002 and is based in Palmyra, Australia.
Industry
Beverages - Alcoholic
IPO Date
2006-12-12
Stock Exchange
ASX
Ticker
GDA.AX
According to Good Drinks Australia Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of -9.69% compared to the average of 1.06 of the last 4 quarters.
The mean historical Current Ratio of Good Drinks Australia Limited over the last ten years is 1.25. The current 0.96 Current Ratio has changed 7.52% with respect to the historical average. Over the past ten years (40 quarters), GDA.AX's Current Ratio was at its highest in in the June 2006 quarter at 16.04. The Current Ratio was at its lowest in in the December 2006 quarter at 0.
Average
1.25
Median
1.12
Minimum
0.36
Maximum
2.61
Discovering the peaks and valleys of Good Drinks Australia 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 = 255.79%
Maximum Annual Current Ratio = 2.61
Minimum Annual Increase = -45.35%
Minimum Annual Current Ratio = 0.36
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.96 | -12.91% |
| 2023 | 1.10 | -5.35% |
| 2022 | 1.16 | 1.93% |
| 2021 | 1.14 | 2.94% |
| 2020 | 1.10 | -41.38% |
| 2019 | 1.89 | -27.71% |
| 2018 | 2.61 | 49.11% |
| 2017 | 1.75 | 255.79% |
| 2016 | 0.49 | 36.70% |
| 2015 | 0.36 | -45.35% |
The current Current Ratio of Good Drinks Australia Limited (GDA.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
1.07
5-year avg
1.09
10-year avg
1.25
Good Drinks Australia Limited’s Current Ratio is less than BWX Limited (1.32), greater than Top Shelf International Holdings Ltd (0.70), less than Clean Seas Seafood Limited (1.75), greater than The Food Revolution Group Limited (0.77), less than Retech Technology Co., Limited (2.04), greater than Mighty Craft Limited (0.90), greater than Broo Limited (0.05), less than East 33 Limited (2.10), greater than Murray River Organics Group Limited (0.60), greater than Kaddy Limited (0.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.32 | $40.00M | |
| 0.70 | $13.00M | |
| 1.75 | $28.29M | |
| 0.77 | $23.67M | |
| 2.04 | $32.61M | |
| 0.90 | $1.84M | |
| 0.05 | $8.57M | |
| 2.10 | $17.09M | |
| 0.60 | $10.81M | |
| 0.07 | $3.83M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Good Drinks Australia Limited (GDA.AX)?
How does the current Current Ratio for Good Drinks Australia Limited (GDA.AX) compare to its historical average?