MRG.AX
Price:
$0.245
Market Cap:
$10.81M
Murray River Organics Group Limited produces and sells organic food products in Australia. It provides dried vine fruit, fresh produce, and other dried food products. The company offers its products through supermarkets and specialty retail, as well as wholesale. It provides its products under the Murray River Organics brand name, as well as private label offerings. The company also exports its products to Asia, Europe, and internationally. Murray River Organics Group Limited was founded in 2010 and is based in Dandenong, Australia.
Industry
Agricultural Farm Products
IPO Date
2016-12-15
Stock Exchange
ASX
Ticker
MRG.AX
According to Murray River Organics Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.60. This represents a change of 2.03% compared to the average of 0.59 of the last 4 quarters.
The mean historical Current Ratio of Murray River Organics Group Limited over the last ten years is 1.71. The current 0.60 Current Ratio has changed 3.42% with respect to the historical average. Over the past ten years (40 quarters), MRG.AX's Current Ratio was at its highest in in the June 2019 quarter at 3.22. The Current Ratio was at its lowest in in the December 2016 quarter at 0.
Average
1.71
Median
1.48
Minimum
0.58
Maximum
3.22
Discovering the peaks and valleys of Murray River Organics Group 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 = 455.51%
Maximum Annual Current Ratio = 3.22
Minimum Annual Increase = -65.76%
Minimum Annual Current Ratio = 0.58
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 0.60 | -65.76% |
| 2020 | 1.76 | -45.56% |
| 2019 | 3.22 | 455.51% |
| 2018 | 0.58 | -51.72% |
| 2017 | 1.20 | -58.36% |
The current Current Ratio of Murray River Organics Group Limited (MRG.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
1.86
5-year avg
1.47
10-year avg
1.71
Murray River Organics Group Limited’s Current Ratio is less than Top Shelf International Holdings Ltd (0.70), less than East 33 Limited (2.10), less than Rare Foods Australia Limited (1.22), greater than Broo Limited (0.05), less than Wingara AG Limited (0.96), less than Beston Global Food Company Limited (1.15), less than Forbidden Foods Limited (0.78), greater than The Original Juice Co. Ltd (0.55), less than Health and Plant Protein Group Limited (49.86), less than Yowie Group Limited (2.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.70 | $13.00M | |
| 2.10 | $17.09M | |
| 1.22 | $1.36M | |
| 0.05 | $8.57M | |
| 0.96 | $1.23M | |
| 1.15 | $5.99M | |
| 0.78 | $4.29M | |
| 0.55 | $5.33M | |
| 49.86 | $5.16M | |
| 2.23 | $3.21M |
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