M8S.AX
Price:
$0.009
Market Cap:
$4.94M
M8 Sustainable Limited provides waste management services to domestic, industrial, and local government clients in Australia. It operates through three segments: Waste Management, Operations and Maintenance, and Landfill Operations. The company offers waste recycling and resource recovery services. It also operates and maintains household waste treatment facilities; and construction and demolition, and commercial and industrial waste recycling facilities, as well as develops a landfill facility at Gingin located to the north of Perth. The company was incorporated in 2017 and is based in Maddington, Australia.
Industry
Waste Management
IPO Date
2019-12-10
Stock Exchange
ASX
Ticker
M8S.AX
According to M8 Sustainable Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.05. This represents a change of -20.65% compared to the average of 0.06 of the last 4 quarters.
The mean historical Current Ratio of M8 Sustainable Limited over the last ten years is 1.62. The current 0.05 Current Ratio has changed 210.12% with respect to the historical average. Over the past ten years (40 quarters), M8S.AX's Current Ratio was at its highest in in the December 2019 quarter at 4.93. The Current Ratio was at its lowest in in the December 2018 quarter at 0.
Average
1.62
Median
0.11
Minimum
0.01
Maximum
5.67
Discovering the peaks and valleys of M8 Sustainable 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 = 68.19%
Maximum Annual Current Ratio = 5.67
Minimum Annual Increase = -96.82%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.05 | -54.86% |
| 2023 | 0.11 | 205.21% |
| 2022 | 0.04 | -96.82% |
| 2021 | 1.15 | -73.54% |
| 2020 | 4.34 | -23.46% |
| 2019 | 5.67 | 68.19% |
The current Current Ratio of M8 Sustainable Limited (M8S.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
0.07
5-year avg
1.14
10-year avg
1.62
M8 Sustainable Limited’s Current Ratio is less than YPB Group Limited (0.26), less than Cardno Limited (4.84), less than Traffic Technologies Limited (0.48), less than Roto-Gro International Limited (0.92), less than CL8 Holdings Limited (0.06), less than Nightingale Intelligent Systems, Inc (0.47), less than Cellnet Group Limited (1.87), less than eCargo Holdings Limited (1.13), less than 3D Metalforge Limited (0), less than K-TIG Limited (0.61),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.26 | $4.62M | |
| 4.84 | $5.47M | |
| 0.48 | $3.77M | |
| 0.92 | $3.77M | |
| 0.06 | $3.49M | |
| 0.47 | $6.12M | |
| 1.87 | $6.33M | |
| 1.13 | $3.69M | |
| 0 | $2.60M | |
| 0.61 | $2.05M |
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