NHE.AX
Price:
$0.041
Market Cap:
$24.58M
Noble Helium Limited engages in the exploration of helium projects in Tanzania. The company holds 100% interests in the North Rukwa Basin project with 12 granted prospecting licenses covering a combined area of approximately 1,467 square kilometers located in south-west Tanzania; and the North Nyasa Basin project with 2 granted prospecting licenses that cover a combined area of approximately 466 square kilometers located in south-west Tanzania. It also holds 100% interests in the Eyasi and Manyara Basin project with 9 applications for prospecting licenses covering a combined area of approximately 1,992 square kilometers located in central northern Tanzania. The company was incorporated in 20...[Read more]
Industry
Chemicals - Specialty
IPO Date
2022-04-08
Stock Exchange
ASX
Ticker
NHE.AX
According to Noble Helium Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -97.88% compared to the average of 0.54 of the last 4 quarters.
The mean historical Current Ratio of Noble Helium Limited over the last ten years is 9.19. The current 0.01 Current Ratio has changed -87.59% with respect to the historical average. Over the past ten years (40 quarters), NHE.AX's Current Ratio was at its highest in in the June 2022 quarter at 44.60. The Current Ratio was at its lowest in in the December 2018 quarter at 0.
Average
9.19
Median
3.49
Minimum
0.01
Maximum
44.60
Discovering the peaks and valleys of Noble Helium 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 = 9.07%
Maximum Annual Current Ratio = 44.60
Minimum Annual Increase = -98.68%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.01 | -98.68% |
| 2024 | 0.86 | -81.96% |
| 2023 | 4.77 | -89.31% |
| 2022 | 44.60 | 9.07% |
| 2021 | 0.49 | -95.18% |
| 2020 | 10.09 | 189.25% |
The current Current Ratio of Noble Helium Limited (NHE.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
1.88
5-year avg
10.15
10-year avg
9.19
Noble Helium Limited’s Current Ratio is less than Sparc Technologies Limited (3.85), less than Livium Ltd (0.52), less than Metal Hawk Limited (43.22), less than Magnum Mining and Exploration Limited (0.77), less than Venari Minerals NL (0.89), less than Tambourah Metals Limited (6.21), less than Tyranna Resources Limited (24.10), less than Euro Manganese Inc. (4.22), less than Thor Energy Plc (3.54), less than Nelson Resources Limited (19.10),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.85 | $18.82M | |
| 0.52 | $15.98M | |
| 43.22 | $13.57M | |
| 0.77 | $16.82M | |
| 0.89 | $169.09M | |
| 6.21 | $12.94M | |
| 24.10 | $16.77M | |
| 4.22 | $13.83M | |
| 3.54 | $11.33M | |
| 19.10 | $17.57M |
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