LKCRU
Price:
$6.1
Market Cap:
$180.68M
Lake Area Corn Processors, LLC, through its subsidiary, Dakota Ethanol, L.L.C., owns and manages an ethanol plant in South Dakota. The company produces and distributes fuel grade ethanol that is primarily used as an octane enhancer in fuels; an oxygenated fuel additive for reducing ozone and carbon monoxide vehicle emissions; and a non-petroleum-based gasoline substitute. It also provides co-products of the ethanol, such as distiller grains, which are used as animal feed supplement for the dairy and beef industry; and corn oil that is used as animal feed, as well as for industrial use and biodiesel production. The company sells its ethanol and related products to customers in North America. ...[Read more]
Industry
Chemicals - Specialty
IPO Date
2018-07-02
Stock Exchange
OTC
Ticker
LKCRU
According to Lake Area Corn Processors, LLC’s latest financial reports and current stock price. The company's current Current Ratio is 1.62. This represents a change of 3.49% compared to the average of 1.56 of the last 4 quarters.
The mean historical Current Ratio of Lake Area Corn Processors, LLC over the last ten years is 1.61. The current 1.62 Current Ratio has changed 9.94% with respect to the historical average. Over the past ten years (40 quarters), LKCRU's Current Ratio was at its highest in in the September 2013 quarter at 3.24. The Current Ratio was at its lowest in in the September 2023 quarter at 0.91.
Average
1.61
Median
1.65
Minimum
1.01
Maximum
2.10
Discovering the peaks and valleys of Lake Area Corn Processors, LLC 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 = 46.33%
Maximum Annual Current Ratio = 2.10
Minimum Annual Increase = -40.67%
Minimum Annual Current Ratio = 1.01
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.62 | 23.75% |
| 2022 | 1.31 | -31.29% |
| 2021 | 1.90 | 19.92% |
| 2020 | 1.59 | 7.77% |
| 2019 | 1.47 | 46.33% |
| 2018 | 1.01 | -40.67% |
| 2017 | 1.70 | -19.29% |
| 2016 | 2.10 | 20.64% |
| 2015 | 1.74 | 3.67% |
| 2014 | 1.68 | -23.36% |
The current Current Ratio of Lake Area Corn Processors, LLC (LKCRU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.61
5-year avg
1.58
10-year avg
1.61
Lake Area Corn Processors, LLC’s Current Ratio is less than Dainichiseika Color & Chemicals Mfg. Co., Ltd. (2.19), less than Golden Grain Energy, LLC (3.76), greater than Sierra Metals Inc. (0.78), less than Solesence, Inc. Common Stock (1.72), less than Leo Lithium Limited (59.18), less than Cardinal Ethanol, LLC (4.65), less than Rottneros AB (publ) (1.99), less than Dacian Gold Limited (2.63), less than Consolidated Uranium Inc. (7.72), less than Badger State Ethanol, LLC (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.19 | $207.82M | |
| 3.76 | $208.59M | |
| 0.78 | $179.50M | |
| 1.72 | $146.02M | |
| 59.18 | $48.19M | |
| 4.65 | $277.51M | |
| 1.99 | $175.23M | |
| 2.63 | $182.52M | |
| 7.72 | $183.98M | |
| 0 | $85.02M |
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