Latrobe Magnesium Limited

Latrobe Magnesium Limited - Current Ratioverified

LTRBF

Price:

$0.0071

Market Cap:

$30.73M

Latrobe Magnesium Limited is primarily focused on advancing a venture to produce magnesium metal. This involves establishing a specialized plant designed to recover magnesium from fly ash, a resource originating from Germany. The company maintains significant ownership in this Latrobe magnesium project, which is strategically situated in Victoria, Australia's Latrobe Valley. The entity was established in 1986 and operates out of its headquarters in Sydney, Australia.

Industry

Industrial Materials

IPO Date

2021-11-04

Stock Exchange

OTC

Ticker

LTRBF

The Current Ratio as of August 2026 (TTM) for Latrobe Magnesium Limited (LTRBF) is 1.28

According to Latrobe Magnesium Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of 37.78% compared to the average of 0.93 of the last 4 quarters.

Latrobe Magnesium Limited (LTRBF) Historical Current Ratio (quarterly & annually)

How has LTRBF Current Ratio performed in the past?

The mean historical Current Ratio of Latrobe Magnesium Limited over the last ten years is 1.65. The current 1.28 Current Ratio has changed 7.67% with respect to the historical average. Over the past ten years (40 quarters), LTRBF's Current Ratio was at its highest in in the December 2016 quarter at 21.38. The Current Ratio was at its lowest in in the December 2006 quarter at 0.

Quarterly (TTM)
Annual

Average

1.65

Median

1.04

Minimum

0.45

Maximum

5.18

Latrobe Magnesium Limited (LTRBF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Latrobe Magnesium 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 = 474.00%

Maximum Annual Current Ratio = 5.18

Minimum Annual Increase = -76.23%

Minimum Annual Current Ratio = 0.45

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.93-3.36%
20240.96-21.83%
20231.23-76.23%
20225.18474.00%
20210.90-58.43%
20202.17380.04%
20190.45-41.30%
20180.77-72.19%
20172.77147.93%
20161.12-73.97%

Latrobe Magnesium Limited (LTRBF) Average Current Ratio

How has LTRBF Current Ratio performed in the past?

The current Current Ratio of Latrobe Magnesium Limited (LTRBF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.04

5-year avg

1.84

10-year avg

1.65

Latrobe Magnesium Limited (LTRBF) Current Ratio vs. Peers

How is LTRBF’s Current Ratio compared to its peers?

Latrobe Magnesium Limited’s Current Ratio is less than Wallbridge Mining Co. Ltd. (6.50), less than Globex Mining Enterprises Inc. (31.96), less than Alligator Energy Limited (5.80), greater than Andina Copper Corporation (0.31), less than Critical Elements Lithium Corporation (9.56), less than Stillwater Critical Minerals Corp. (21.48), less than Rock Tech Lithium Inc. (2.54), less than Asia Broadband, Inc. (174.37), less than KGL Resources Limited (6.97), less than American Lithium Corp. (5.37),

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