MMR.AX
Price:
$0.005
Market Cap:
$9.36M
MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. It holds 100% interests in the EP386 and RL1 permit located in the onshore Bonaparte basin in the Western Australia and Northern Territory respectively; and an 85% interest in the PEP11 petroleum exploration permit located in the offshore Sydney basin. The company was incorporated in 2005 and is headquartered in South Perth, Australia.
Industry
Oil & Gas Exploration & Production
IPO Date
2006-05-29
Stock Exchange
ASX
Ticker
MMR.AX
According to MEC Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.98. This represents a change of 54.90% compared to the average of 2.57 of the last 4 quarters.
The mean historical Current Ratio of MEC Resources Limited over the last ten years is 1.44. The current 3.98 Current Ratio has changed 27.54% with respect to the historical average. Over the past ten years (40 quarters), MMR.AX's Current Ratio was at its highest in in the June 2007 quarter at 23.40. The Current Ratio was at its lowest in in the December 2005 quarter at 0.
Average
1.44
Median
0.63
Minimum
0.08
Maximum
5.41
Discovering the peaks and valleys of MEC Resources 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 = 6.91%
Maximum Annual Current Ratio = 5.41
Minimum Annual Increase = -87.91%
Minimum Annual Current Ratio = 0.08
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.98 | 1.93% |
| 2024 | 0.20 | -87.91% |
| 2023 | 1.62 | -70.03% |
| 2022 | 5.41 | 6.91% |
| 2021 | 0.08 | -86.72% |
| 2020 | 0.58 | 16.19% |
| 2019 | 0.50 | -36.63% |
| 2018 | 0.79 | 27.12% |
| 2017 | 0.62 | -1.63% |
| 2016 | 0.63 | -40.59% |
The current Current Ratio of MEC Resources Limited (MMR.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.93
5-year avg
2.26
10-year avg
1.44
MEC Resources Limited’s Current Ratio is greater than Triangle Energy (Global) Limited (0.42), greater than Lion Energy Limited (1.56), less than Galilee Energy Limited (5.12), greater than Top End Energy Limited (3.84), greater than Whitebark Energy Limited (0.83), greater than Grand Gulf Energy Limited (3.87), less than IPB Petroleum Limited (25.27), greater than AXP Energy Limited (2.45), greater than State Gas Limited (0.24), greater than Vintage Energy Limited (0.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.42 | $4.40M | |
| 1.56 | $4.97M | |
| 5.12 | $4.95M | |
| 3.84 | $9.77M | |
| 0.83 | $4.92M | |
| 3.87 | $5.64M | |
| 25.27 | $4.24M | |
| 2.45 | $5.29M | |
| 0.24 | $13.75M | |
| 0.38 | $8.35M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like MEC Resources Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like MEC Resources Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is MEC Resources Limited's Current Ratio?
How is the Current Ratio calculated for MEC Resources Limited (MMR.AX)?
What is the highest Current Ratio for MEC Resources Limited (MMR.AX)?
What is the 3-year average Current Ratio for MEC Resources Limited (MMR.AX)?
What is the 5-year average Current Ratio for MEC Resources Limited (MMR.AX)?
How does the current Current Ratio for MEC Resources Limited (MMR.AX) compare to its historical average?