Midway Limited

Midway Limitedverified

MWY.AX

Price:

$1.215

Market Cap:

$106.11M

Midway Limited engages in the production, processing, and export of woodfibre to producers of pulp, paper, and related products in Australia, China, Japan, and Southeast Asia. It operates through Woodfibre, Forestry Logistics, and Plantation Management segments. The company offers hardwood and softwood woodchips. It also provides support services to third parties engaged in growing woodfibre, including harvest, infield chipping, and haulage; and planation management services. In addition, the company markets third party woodfibre. Midway Limited was incorporated in 1980 and is based in North Shore, Australia.

Industry

Paper, Lumber & Forest Products

IPO Date

2016-12-07

Stock Exchange

ASX

Ticker

MWY.AX

The Current Ratio as of November 2025 (TTM) for Midway Limited (MWY.AX) is 3.64

According to Midway Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.64. This represents a change of 36.78% compared to the average of 2.66 of the last 4 quarters.

Midway Limited (MWY.AX) Historical Current Ratio (quarterly & annually)

How has MWY.AX Current Ratio performed in the past?

The mean historical Current Ratio of Midway Limited over the last ten years is 1.84. The current 3.64 Current Ratio has changed 19.64% with respect to the historical average. Over the past ten years (40 quarters), MWY.AX's Current Ratio was at its highest in in the June 2024 quarter at 3.64. The Current Ratio was at its lowest in in the December 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.84

Median

1.82

Minimum

0.73

Maximum

3.64

Midway Limited (MWY.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Midway 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 = 172.44%

Maximum Annual Current Ratio = 3.64

Minimum Annual Increase = -42.70%

Minimum Annual Current Ratio = 0.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.6482.48%
20232.00172.44%
20220.73-42.70%
20211.28-3.40%
20201.32-27.91%
20191.8428.41%
20181.43-20.44%
20171.80-3.86%
20161.87-26.51%
20152.5431.77%

Midway Limited (MWY.AX) Average Current Ratio

How has MWY.AX Current Ratio performed in the past?

The current Current Ratio of Midway Limited (MWY.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.12

5-year avg

1.79

10-year avg

1.84

Midway Limited (MWY.AX) Current Ratio vs. Peers

How is MWY.AX’s Current Ratio compared to its peers?

Midway Limited’s Current Ratio is less than Kiland Limited (30.54), greater than Zeta Resources Limited (0), greater than Panoramic Resources Limited (0.42), less than Mitre Mining Corporation Limited (14.82), less than Tulla Resources Plc (0), greater than Calidus Resources Limited (0.85), less than A-Cap Energy Limited (7.51), greater than Labyrinth Resources Limited (1.05), greater than Ten Sixty Four Limited (3.34), greater than Austral Resources Australia Ltd (0.38),

Build a custom stock screener for Midway Limited (MWY.AX) and other stocks

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 Midway 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:

Custom stock screener in Wisesheets

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.

Midway Limited (MWY.AX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Midway 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Midway Limited's Current Ratio?

How is the Current Ratio calculated for Midway Limited (MWY.AX)?

What is the highest Current Ratio for Midway Limited (MWY.AX)?

What is the 3-year average Current Ratio for Midway Limited (MWY.AX)?

What is the 5-year average Current Ratio for Midway Limited (MWY.AX)?

How does the current Current Ratio for Midway Limited (MWY.AX) compare to its historical average?