MEC.AX
Price:
$1.09
Market Cap:
$34.58M
Morphic Ethical Equities Fund Limited is an equity mutual fund launched and managed by Morphic Asset Management Pty Limited. The fund invests in public equity markets across the globe. It also invests in derivatives. The fund invests in stocks of companies across diversified market capitalizations. It invests in value, growth, and momentum stocks of companies. The fund employs long and short strategy to make its investments. It employs fundamental analysis with bottom-up and top-down approach to make its investments. The fund benchmarks the performance of its portfolio against the MSCI All Countries Total Return Daily Index. It employs ethical screening to make its investments. The fund does...[Read more]
Industry
Asset Management
IPO Date
2022-11-09
Stock Exchange
ASX
Ticker
MEC.AX
According to Morphic Ethical Equities Fund Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.91. This represents a change of -85.91% compared to the average of 13.57 of the last 4 quarters.
The mean historical Current Ratio of Morphic Ethical Equities Fund Limited over the last ten years is 0.58. The current 1.91 Current Ratio has changed 32.70% with respect to the historical average. Over the past ten years (40 quarters), MEC.AX's Current Ratio was at its highest in in the June 2024 quarter at 52.36. The Current Ratio was at its lowest in in the June 2023 quarter at 0.
Average
0.58
Median
0
Minimum
0
Maximum
1.91
Discovering the peaks and valleys of Morphic Ethical Equities Fund 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 = 0%
Maximum Annual Current Ratio = 1.91
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.91 | Infinity% |
| 2024 | 0 | 0% |
| 2023 | 0 | 0% |
| 2022 | 0 | -100.00% |
| 2021 | 1.59 | Infinity% |
The current Current Ratio of Morphic Ethical Equities Fund Limited (MEC.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.64
5-year avg
0.70
10-year avg
0.58
Morphic Ethical Equities Fund Limited’s Current Ratio is greater than Fat Prophets Global Contrarian Fund Ltd (0), greater than CD Private Equity Fund II (0), less than Global Masters Fund Limited (4.79), greater than BetaShares Managed Risk Australian Share Fund (managed fund) (0), less than Alternative Investment Trust (214.59), less than Cadence Opportunities Fund Limited (3.45), less than BetaShares Strong Australian Dollar Fund (hedge fund) (0), greater than BetaShares Managed Risk Global Share Fund (managed fund) (0), less than CD Private Equity Fund I (16.09), less than Acorn Capital Investment Fund Limited (41.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $38.35M | |
| 0 | $35.42M | |
| 4.79 | $39.66M | |
| 0 | $32.64M | |
| 214.59 | $50.33M | |
| 3.45 | $30.00M | |
| 0 | $30.97M | |
| 0 | $48.49M | |
| 16.09 | $16.45M | |
| 41.45 | $81.11M |
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