IRD.AX
Price:
$0.036
Market Cap:
$29.96M
Iron Road Limited explores for and evaluates iron ore properties in Australia. It owns 100% interest in the Central Eyre iron project located on the Eyre Peninsula of South Australia; and 90% interest in the Gawler iron project located in South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited is a subsidiary of Sentient Executive GP IV, Limited.
Industry
Steel
IPO Date
2008-06-12
Stock Exchange
ASX
Ticker
IRD.AX
According to Iron Road Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.11. This represents a change of 73.23% compared to the average of 2.95 of the last 4 quarters.
The mean historical Current Ratio of Iron Road Limited over the last ten years is 1.19. The current 5.11 Current Ratio has changed 42.79% with respect to the historical average. Over the past ten years (40 quarters), IRD.AX's Current Ratio was at its highest in in the June 2008 quarter at 28.62. The Current Ratio was at its lowest in in the January 2008 quarter at 0.
Average
1.19
Median
0.58
Minimum
0.05
Maximum
5.11
Discovering the peaks and valleys of Iron Road 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 = 6.77%
Maximum Annual Current Ratio = 5.11
Minimum Annual Increase = -92.07%
Minimum Annual Current Ratio = 0.05
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 5.11 | 493.87% |
| 2024 | 0.86 | 63.41% |
| 2023 | 0.53 | -51.23% |
| 2022 | 1.08 | -67.19% |
| 2021 | 3.29 | 6.77% |
| 2020 | 0.05 | -54.69% |
| 2019 | 0.11 | 112.05% |
| 2018 | 0.05 | -92.07% |
| 2017 | 0.63 | 191.29% |
| 2016 | 0.22 | -90.30% |
The current Current Ratio of Iron Road Limited (IRD.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.17
5-year avg
2.17
10-year avg
1.19
Iron Road Limited’s Current Ratio is less than GWR Group Limited (6.28), greater than Macro Metals Limited (1.57), less than Equatorial Resources Limited (50.79), greater than RareX Limited (2.84), less than Toubani Resources Inc. (8.33), greater than Minbos Resources Limited (4.73), greater than Kula Gold Limited (0.16), less than VBX Limited (0), less than Ark Mines Limited (7.14), greater than Rumble Resources Limited (3.82),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.28 | $37.21M | |
| 1.57 | $30.24M | |
| 50.79 | $24.97M | |
| 2.84 | $25.39M | |
| 8.33 | $46.85M | |
| 4.73 | $22.43M | |
| 0.16 | $48.37M | |
| 0 | $39.89M | |
| 7.14 | $36.76M | |
| 3.82 | $36.83M |
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