LKCRU
Price:
$8
Market Cap:
$236.96M
Lake Area Corn Processors, LLC, operating through its Dakota Ethanol, L.L.C. subsidiary, oversees an ethanol production facility located in South Dakota. The enterprise specializes in manufacturing and supplying fuel-grade ethanol, which plays a crucial role as an octane booster in various fuels, serves as an oxygenated additive to lessen ozone and carbon monoxide emissions from vehicles, and acts as a petroleum-free alternative to gasoline. Additionally, it yields several valuable co-products from the ethanol process, including distiller grains, which are incorporated into animal feed for the dairy and beef sectors, and corn oil, finding applications in livestock nutrition, industrial setti...[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. (2.40), less than Golden Grain Energy, LLC (3.76), greater than Sierra Metals Inc. (0.78), less than Solesence, Inc. Common Stock (2.08), less than Leo Lithium Limited (55.91), less than Cardinal Ethanol, LLC (4.65), greater than Rottneros AB (publ) (1.52), 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 |
|---|---|---|
| 2.40 | $206.70M | |
| 3.76 | $208.59M | |
| 0.78 | $179.50M | |
| 2.08 | $90.41M | |
| 55.91 | $48.19M | |
| 4.65 | $277.51M | |
| 1.52 | $3.50B | |
| 2.63 | $182.52M | |
| 7.72 | $183.98M | |
| 0 | $85.02M |
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What is Lake Area Corn Processors, LLC's Current Ratio?
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What is the 5-year average Current Ratio for Lake Area Corn Processors, LLC (LKCRU)?
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