QEM Limited

QEM Limitedverified

QEM.AX

Price:

$0.017

Market Cap:

$4.02M

QEM Limited engages in the exploration and development of vanadium and oil shale project in Australia. Its flagship project is the Julia Creek oil shale and vanadium project covering an area of 249.6 square kilometers located in the Julia Creek area of North Western Queensland, Australia. The company was formerly known as Queensland Energy & Minerals Pty Ltd and changed its name to QEM Limited in August 2018. QEM Limited was incorporated in 2014 and is headquartered in Surfers Paradise, Australia.

Industry

Oil & Gas Exploration & Production

IPO Date

2018-10-18

Stock Exchange

ASX

Ticker

QEM.AX

The Current Ratio as of December 2025 (TTM) for QEM Limited (QEM.AX) is 5.16

According to QEM Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.16. This represents a change of 66.19% compared to the average of 3.11 of the last 4 quarters.

QEM Limited (QEM.AX) Historical Current Ratio (quarterly & annually)

How has QEM.AX Current Ratio performed in the past?

The mean historical Current Ratio of QEM Limited over the last ten years is 4.76. The current 5.16 Current Ratio has changed 10.75% with respect to the historical average. Over the past ten years (40 quarters), QEM.AX's Current Ratio was at its highest in in the June 2015 quarter at 103.59. The Current Ratio was at its lowest in in the December 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

4.76

Median

4.41

Minimum

0.98

Maximum

10.74

QEM Limited (QEM.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of QEM 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 = 434.57%

Maximum Annual Current Ratio = 10.74

Minimum Annual Increase = -94.84%

Minimum Annual Current Ratio = 0.98

Quarterly (TTM)
Annual
YearCurrent RatioChange
20255.16119.87%
20242.35-37.74%
20233.7743.57%
20222.63-48.02%
20215.05-52.92%
202010.7410.27%
20199.74434.57%
20181.8286.72%
20170.98-81.75%
20165.34-94.84%

QEM Limited (QEM.AX) Average Current Ratio

How has QEM.AX Current Ratio performed in the past?

The current Current Ratio of QEM Limited (QEM.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.76

5-year avg

3.79

10-year avg

4.76

QEM Limited (QEM.AX) Current Ratio vs. Peers

How is QEM.AX’s Current Ratio compared to its peers?

QEM Limited’s Current Ratio is greater than AXP Energy Limited (2.45), greater than Metgasco Limited (0.27), less than IPB Petroleum Limited (25.27), less than Xstate Resources Limited (6.30), less than Stonehorse Energy Limited (38.91), greater than Galilee Energy Limited (5.12), greater than Whitebark Energy Limited (0.83), greater than Winchester Energy Limited (0.90), greater than Bounty Oil & Gas NL (0.31), greater than Grand Gulf Energy Limited (3.87),

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