NGX.AX
Price:
$0.14
Market Cap:
$12.69M
NGX Limited focuses on the exploration, development of graphite projects in Malawi. It holds 100% interest in the the Nanzeka Project, the Duwi Project, the Malingunde Project, and the Mabuwa project located in Malawi. The Company was incorporated in 2021 and is based in Perth, Australia. NGX Limited was formerly a subsidiary of Sovereign Metals Limited
Industry
Industrial Materials
IPO Date
2023-06-16
Stock Exchange
ASX
Ticker
NGX.AX
According to NGX Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 23.14. This represents a change of 38.21% compared to the average of 16.74 of the last 4 quarters.
The mean historical Current Ratio of NGX Ltd over the last ten years is 18.42. The current 23.14 Current Ratio has changed 12.47% with respect to the historical average. Over the past ten years (40 quarters), NGX.AX's Current Ratio was at its highest in in the June 2024 quarter at 43.83. The Current Ratio was at its lowest in in the December 2020 quarter at 0.
Average
18.42
Median
23.14
Minimum
0
Maximum
43.83
Discovering the peaks and valleys of NGX Ltd 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 = Infinity%
Maximum Annual Current Ratio = 43.83
Minimum Annual Increase = -47.20%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 23.14 | -47.20% |
| 2024 | 43.83 | 74.56% |
| 2023 | 25.11 | 9.09% |
| 2022 | 0.00 | Infinity% |
The current Current Ratio of NGX Ltd (NGX.AX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
30.69
5-year avg
18.42
10-year avg
18.42
NGX Ltd’s Current Ratio is greater than Critical Minerals Group Limited (1.82), greater than International Graphite Limited (0.69), greater than Morella Corporation Limited (1.43), greater than Altamin Limited (1.46), greater than Richmond Vanadium Technology Limited (7.60), less than Metal Hawk Limited (43.22), greater than Constellation Resources Limited (0.81), greater than Thor Energy Plc (3.54), greater than AKORA Resources Limited (1.35), greater than Evion Group NL (1.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.82 | $9.90M | |
| 0.69 | $12.79M | |
| 1.43 | $12.53M | |
| 1.46 | $15.44M | |
| 7.60 | $16.21M | |
| 43.22 | $13.57M | |
| 0.81 | $14.07M | |
| 3.54 | $11.33M | |
| 1.35 | $14.05M | |
| 1.81 | $16.69M |
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