NAM.AX
Price:
$0.772
Market Cap:
$159.92M
Namoi Cotton Limited, together with its subsidiaries, engages in the ginning and supply chain and marketing of cotton in Australia and Asia. The company operates network of 9 cotton gins in New South Wales and Queensland. It is also involved in the purchase of lint cotton from growers through various forward contracts; and trading and marketing of cottonseeds. In addition, the company provides cotton classing services to the cotton industry. Further, it engages in the sale and logistics of plastic waste from ginning activities. The company was formerly known as Namoi Cotton Co-operative Ltd and changed its name to Namoi Cotton Limited in October 2017. Namoi Cotton Limited was founded in 1962...[Read more]
Industry
Agricultural Farm Products
IPO Date
1998-05-01
Stock Exchange
ASX
Ticker
NAM.AX
According to Namoi Cotton Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.16. This represents a change of 31.05% compared to the average of 1.65 of the last 4 quarters.
The mean historical Current Ratio of Namoi Cotton Limited over the last ten years is 1.23. The current 2.16 Current Ratio has changed 17.54% with respect to the historical average. Over the past ten years (40 quarters), NAM.AX's Current Ratio was at its highest in in the February 2024 quarter at 2.16. The Current Ratio was at its lowest in in the September 2004 quarter at 0.
Average
1.23
Median
1.20
Minimum
0.24
Maximum
2.16
Discovering the peaks and valleys of Namoi Cotton 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 = 255.98%
Maximum Annual Current Ratio = 2.16
Minimum Annual Increase = -81.86%
Minimum Annual Current Ratio = 0.24
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.16 | 43.44% |
| 2023 | 1.51 | -5.71% |
| 2022 | 1.60 | 46.74% |
| 2021 | 1.09 | -30.97% |
| 2020 | 1.58 | 43.89% |
| 2019 | 1.10 | 16.17% |
| 2018 | 0.94 | 27.83% |
| 2017 | 0.74 | 212.46% |
| 2016 | 0.24 | -81.86% |
| 2015 | 1.30 | 255.98% |
The current Current Ratio of Namoi Cotton Limited (NAM.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.76
5-year avg
1.59
10-year avg
1.23
Namoi Cotton Limited’s Current Ratio is less than Keypath Education International, Inc. (2.17), greater than Clean Seas Seafood Limited (1.75), greater than East 33 Limited (2.10), greater than Murray River Organics Group Limited (0.60), greater than Wingara AG Limited (0.96), greater than Rare Foods Australia Limited (1.22), greater than The Reject Shop Limited (1.37), greater than BWX Limited (1.32), greater than Good Drinks Australia Limited (0.96), greater than The Food Revolution Group Limited (0.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.17 | $193.80M | |
| 1.75 | $28.29M | |
| 2.10 | $17.09M | |
| 0.60 | $10.81M | |
| 0.96 | $1.23M | |
| 1.22 | $1.36M | |
| 1.37 | $259.22M | |
| 1.32 | $40.00M | |
| 0.96 | $42.28M | |
| 0.77 | $23.67M |
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