PAI.AX
Price:
$0.97
Market Cap:
$359.11M
Platinum Asia Investments Limited is a closed-ended equity mutual fund launched and managed by Platinum Asset Management Limited. It invests in the public equity markets of Asia ex Japan. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies. The fund employs fundamental analysis with a bottom up approach to create its portfolio. It benchmarks the performance of its portfolio against the MSCI All Country Asia ex Japan Net Index. Platinum Asia Investments Limited was founded on September 16, 2015 and is domiciled in Australia.
Industry
Asset Management
IPO Date
2015-09-16
Stock Exchange
ASX
Ticker
PAI.AX
According to Platinum Asia Investments Limited’s latest financial reports and current stock price. The company's current Current Ratio is 246.46. This represents a change of -19.10% compared to the average of 304.64 of the last 4 quarters.
The mean historical Current Ratio of Platinum Asia Investments Limited over the last ten years is 160.05. The current 246.46 Current Ratio has changed 15.30% with respect to the historical average. Over the past ten years (40 quarters), PAI.AX's Current Ratio was at its highest in in the December 2017 quarter at 555.53. The Current Ratio was at its lowest in in the June 2020 quarter at 10.09.
Average
160.05
Median
105.24
Minimum
33.14
Maximum
419.04
Discovering the peaks and valleys of Platinum Asia Investments 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 = 393.70%
Maximum Annual Current Ratio = 419.04
Minimum Annual Increase = -74.77%
Minimum Annual Current Ratio = 33.14
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 419.04 | 56.76% |
| 2023 | 267.31 | 3.93% |
| 2022 | 257.20 | 393.70% |
| 2021 | 52.10 | -50.50% |
| 2020 | 105.24 | 36.76% |
| 2019 | 76.95 | -21.62% |
| 2018 | 98.18 | 196.22% |
| 2017 | 33.14 | -74.77% |
The current Current Ratio of Platinum Asia Investments Limited (PAI.AX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
314.51
5-year avg
220.18
10-year avg
160.05
Platinum Asia Investments Limited’s Current Ratio is greater than QV Equities Limited (6.22), greater than Auswide Bank Ltd (0.32), greater than Pier 12 Capital Limited (2.42), greater than Elanor Investors Group (1.01), greater than E&P Financial Group Limited (0), greater than Global Data Centre Group (10.75), greater than Keybridge Capital Limited (0), greater than Sunvest Corporation Limited (0), greater than Mariner Corporation Limited (0.02), greater than Diverger Limited (0.54),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.22 | $212.63M | |
| 0.32 | $264.70M | |
| 2.42 | $43.64M | |
| 1.01 | $120.73M | |
| 0 | $98.71M | |
| 10.75 | $110.11M | |
| 0 | $9.79M | |
| 0 | $899.46K | |
| 0.02 | $1.49M | |
| 0.54 | $46.90M |
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 Platinum Asia Investments 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 Platinum Asia Investments 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 Platinum Asia Investments Limited's Current Ratio?
How is the Current Ratio calculated for Platinum Asia Investments Limited (PAI.AX)?
What is the highest Current Ratio for Platinum Asia Investments Limited (PAI.AX)?
What is the 3-year average Current Ratio for Platinum Asia Investments Limited (PAI.AX)?
What is the 5-year average Current Ratio for Platinum Asia Investments Limited (PAI.AX)?
How does the current Current Ratio for Platinum Asia Investments Limited (PAI.AX) compare to its historical average?