L1M.AX
Price:
$0.024
Market Cap:
$2.50M
Lightning Minerals Ltd engages in the exploration of minerals that include lithium, nickel, cobalt, copper, and PGEs. The company was incorporated in 2021 and is based in Melbourne, Australia.
Industry
Industrial Materials
IPO Date
2022-11-21
Stock Exchange
ASX
Ticker
L1M.AX
According to Lightning Minerals Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.69. This represents a change of -93.53% compared to the average of 10.74 of the last 4 quarters.
The mean historical Current Ratio of Lightning Minerals Ltd over the last ten years is 7.95. The current 0.69 Current Ratio has changed 773.08% with respect to the historical average. Over the past ten years (40 quarters), L1M.AX's Current Ratio was at its highest in in the December 2022 quarter at 27.59. The Current Ratio was at its lowest in in the December 2021 quarter at 0.
Average
7.95
Median
7.57
Minimum
0.69
Maximum
15.98
Discovering the peaks and valleys of Lightning Minerals 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 = 293.68%
Maximum Annual Current Ratio = 15.98
Minimum Annual Increase = -95.66%
Minimum Annual Current Ratio = 0.69
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.69 | -95.66% |
| 2024 | 15.98 | 32.42% |
| 2023 | 12.07 | 293.68% |
The current Current Ratio of Lightning Minerals Ltd (L1M.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
9.58
5-year avg
7.95
10-year avg
7.95
Lightning Minerals Ltd’s Current Ratio is less than Mclaren Minerals Limited (2.13), less than Omnia Metals Group Ltd (3.59), greater than Evolution Energy Minerals Limited (0.24), greater than Tasman Resources Ltd (0.48), less than Sabre Resources Limited (30.46), greater than South Harz Potash Limited (0.30), less than Desert Metals Limited (6.09), greater than Kuniko Limited (0.26), less than Mamba Exploration Limited (3.30), less than Austin Metals Limited (2.26),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.13 | $6.16M | |
| 3.59 | $4.15M | |
| 0.24 | $4.29M | |
| 0.48 | $5.58M | |
| 30.46 | $4.73M | |
| 0.30 | $3.69M | |
| 6.09 | $3.67M | |
| 0.26 | $5.51M | |
| 3.30 | $4.43M | |
| 2.26 | $9.51M |
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