RFX.AX
Price:
$0.097
Market Cap:
$25.64M
RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte batteries worldwide. The company offers ZBM3 flow battery; energy pods, a scalable energy storage solutions; and battery management systems. The company's batteries are used in telecommunications, commercial and industrial, grid-scale, and residential applications. RedFlow Limited was founded in 2005 and is headquartered in Brisbane, Australia.
Industry
Electrical Equipment & Parts
IPO Date
2010-12-13
Stock Exchange
ASX
Ticker
RFX.AX
According to RedFlow Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.58. This represents a change of 0.54% compared to the average of 2.57 of the last 4 quarters.
The mean historical Current Ratio of RedFlow Limited over the last ten years is 4.27. The current 2.58 Current Ratio has changed 5.94% with respect to the historical average. Over the past ten years (40 quarters), RFX.AX's Current Ratio was at its highest in in the June 2010 quarter at 25.70. The Current Ratio was at its lowest in in the December 2008 quarter at 0.
Average
4.27
Median
4.62
Minimum
1.05
Maximum
6.94
Discovering the peaks and valleys of RedFlow 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 = 563.03%
Maximum Annual Current Ratio = 6.94
Minimum Annual Increase = -83.26%
Minimum Annual Current Ratio = 1.05
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 2.58 | 17.88% |
| 2022 | 2.19 | 8.75% |
| 2021 | 2.01 | -48.28% |
| 2020 | 3.89 | -36.42% |
| 2019 | 6.12 | -11.80% |
| 2018 | 6.94 | 563.03% |
| 2017 | 1.05 | -83.26% |
| 2016 | 6.25 | 16.98% |
| 2015 | 5.35 | -15.38% |
| 2014 | 6.32 | 15.05% |
The current Current Ratio of RedFlow Limited (RFX.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.26
5-year avg
3.36
10-year avg
4.27
RedFlow Limited’s Current Ratio is greater than ChemX Materials Limited (0.46), greater than Resource Development Group Limited (0.32), less than Thorn Group Limited (8.28), less than Aerison Group Ltd (0), less than Tubi Limited (0), greater than Magnis Energy Technologies Limited (2.28), greater than Entyr Limited (0.83), greater than Hills Limited (1.07), greater than Credit Intelligence Limited (1.74), greater than Nightingale Intelligent Systems, Inc (0.47),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.46 | $33.55M | |
| 0.32 | $23.61M | |
| 8.28 | $27.15M | |
| 0 | $32.34M | |
| 0 | $15.25M | |
| 2.28 | $50.38M | |
| 0.83 | $13.88M | |
| 1.07 | $12.30M | |
| 1.74 | $9.68M | |
| 0.47 | $6.12M |
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