NWF.AX
Price:
$0.089
Market Cap:
$83.72M
Newfield Resources Limited engages in the mine development, stope mining, and mineral exploration activities primarily in Australia and Africa. It explores for diamonds and gold deposits. The company's flagship project is the Tongo diamond project, which covers an area over 134 square kilometers in eastern Sierra Leone. Newfield Resources Limited was incorporated in 2011 and is based in North Fremantle, Australia.
Industry
Other Precious Metals
IPO Date
2012-06-08
Stock Exchange
ASX
Ticker
NWF.AX
According to Newfield Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.23. This represents a change of -24.15% compared to the average of 0.30 of the last 4 quarters.
The mean historical Current Ratio of Newfield Resources Limited over the last ten years is 3.24. The current 0.23 Current Ratio has changed 596.91% with respect to the historical average. Over the past ten years (40 quarters), NWF.AX's Current Ratio was at its highest in in the June 2012 quarter at 55.15. The Current Ratio was at its lowest in in the December 2020 quarter at 0.21.
Average
3.24
Median
1.37
Minimum
0.23
Maximum
9.37
Discovering the peaks and valleys of Newfield Resources 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 = 127.03%
Maximum Annual Current Ratio = 9.37
Minimum Annual Increase = -88.96%
Minimum Annual Current Ratio = 0.23
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.23 | -44.88% |
| 2023 | 0.41 | 23.56% |
| 2022 | 0.33 | 5.59% |
| 2021 | 0.31 | 22.34% |
| 2020 | 0.26 | -88.96% |
| 2019 | 2.33 | -62.51% |
| 2018 | 6.20 | -29.92% |
| 2017 | 8.85 | -5.52% |
| 2016 | 9.37 | 127.03% |
| 2015 | 4.13 | -66.09% |
The current Current Ratio of Newfield Resources Limited (NWF.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
0.32
5-year avg
0.31
10-year avg
3.24
Newfield Resources Limited’s Current Ratio is less than Troy Resources Limited (0.58), less than Asra Minerals Limited (0.71), less than Austral Resources Australia Ltd (0.38), less than Sierra Rutile Holdings Limited (3.20), less than Flinders Mines Limited (5.48), less than Kiland Limited (30.54), less than A-Cap Energy Limited (7.51), less than Calidus Resources Limited (0.85), less than Firetail Resources Limited (1.89), less than Burgundy Diamond Mines Limited (3.53),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.58 | $78.92M | |
| 0.71 | $11.92M | |
| 0.38 | $24.21M | |
| 3.20 | $75.63M | |
| 5.48 | $82.74M | |
| 30.54 | $81.27M | |
| 7.51 | $89.04M | |
| 0.85 | $93.68M | |
| 1.89 | $49.01M | |
| 3.53 | $24.17M |
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 Newfield Resources 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:
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.
The easiest way to analyze a company like Newfield Resources 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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Newfield Resources Limited's Current Ratio?
How is the Current Ratio calculated for Newfield Resources Limited (NWF.AX)?
What is the highest Current Ratio for Newfield Resources Limited (NWF.AX)?
What is the 3-year average Current Ratio for Newfield Resources Limited (NWF.AX)?
What is the 5-year average Current Ratio for Newfield Resources Limited (NWF.AX)?
How does the current Current Ratio for Newfield Resources Limited (NWF.AX) compare to its historical average?