RDY.AX
Price:
$2.55
Market Cap:
$315.09M
ReadyTech Holdings Limited provides SaaS technology for education and work pathways, workforce solutions, and government and justice markets in Australia. It operates in three segments: Education, Workforce Solutions, and Government and Justice. The Education segment offers cloud-based student and learning management systems for education and training providers to manage the student lifecycle, including student enrolment and course completion. This segment also provides platforms to help state governments to manage vocational education and training programs; software platforms for the pathways and back-to-work sector to manage apprentices and job seekers; and a competency assessment and skil...[Read more]
Industry
Software - Application
IPO Date
2019-04-17
Stock Exchange
ASX
Ticker
RDY.AX
According to ReadyTech Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.81. This represents a change of 23.30% compared to the average of 0.65 of the last 4 quarters.
The mean historical Current Ratio of ReadyTech Holdings Limited over the last ten years is 0.54. The current 0.81 Current Ratio has changed 14.95% with respect to the historical average. Over the past ten years (40 quarters), RDY.AX's Current Ratio was at its highest in in the December 2020 quarter at 1.61. The Current Ratio was at its lowest in in the December 2018 quarter at 0.28.
Average
0.54
Median
0.59
Minimum
0
Maximum
0.81
Discovering the peaks and valleys of ReadyTech Holdings 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 = Infinity%
Maximum Annual Current Ratio = 0.81
Minimum Annual Increase = -37.06%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.81 | 22.56% |
| 2024 | 0.66 | -13.00% |
| 2023 | 0.76 | 60.15% |
| 2022 | 0.47 | -2.72% |
| 2021 | 0.48 | -19.67% |
| 2020 | 0.60 | -5.91% |
| 2019 | 0.64 | 77.83% |
| 2018 | 0.36 | -37.06% |
| 2017 | 0.57 | Infinity% |
The current Current Ratio of ReadyTech Holdings Limited (RDY.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.74
5-year avg
0.63
10-year avg
0.54
ReadyTech Holdings Limited’s Current Ratio is greater than Smartpay Holdings Limited (0.73), less than Serko Limited (3.73), less than Wrkr Ltd (1.08), less than Atturra Limited (1.59), less than Yojee Limited (9.72), less than ikeGPS Group Limited (1.71), less than Acusensus Limited (2.49), less than Hipages Group Holdings Limited (1.84), greater than IODM Limited (0.26), less than Echo IQ Limited (30.30),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.73 | $252.83M | |
| 3.73 | $299.04M | |
| 1.08 | $256.51M | |
| 1.59 | $319.99M | |
| 9.72 | $149.57M | |
| 1.71 | $184.29M | |
| 2.49 | $225.75M | |
| 1.84 | $170.34M | |
| 0.26 | $83.24M | |
| 30.30 | $159.32M |
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