RMG.L
Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters. In addition, the company operates ground-based parcel delivery networks in Europe that covers 40 countries and nation states. Further, it provides express parcel delivery and logistics services. Additionally, the company engages in property holdings activities; and provision of facilities management services. It serves consumers, sole-traders, small and medium-sized enterprises, large businesses, ...[Read more]
Industry
Integrated Freight & Logistics
IPO Date
2013-10-11
Stock Exchange
LSE
Ticker
RMG.L
According to Royal Mail plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of 0.27% compared to the average of 1.03 of the last 4 quarters.
The mean historical Current Ratio of Royal Mail plc over the last ten years is 0.91. The current 1.03 Current Ratio has changed 11.18% with respect to the historical average. Over the past ten years (40 quarters), RMG.L's Current Ratio was at its highest in in the September 2021 quarter at 1.30. The Current Ratio was at its lowest in in the September 2010 quarter at 0.
Average
0.91
Median
0.93
Minimum
0.69
Maximum
1.19
Discovering the peaks and valleys of Royal Mail plc 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 = 23.48%
Maximum Annual Current Ratio = 1.19
Minimum Annual Increase = -10.02%
Minimum Annual Current Ratio = 0.69
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.03 | 4.28% |
| 2023 | 0.99 | -10.02% |
| 2022 | 1.10 | -7.66% |
| 2021 | 1.19 | 23.48% |
| 2020 | 0.96 | 18.00% |
| 2019 | 0.82 | -8.26% |
| 2018 | 0.89 | 20.34% |
| 2017 | 0.74 | 0.93% |
| 2016 | 0.73 | 6.90% |
| 2015 | 0.69 | 0.87% |
The current Current Ratio of Royal Mail plc (RMG.L) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.04
5-year avg
1.05
10-year avg
0.91
Royal Mail plc’s Current Ratio is greater than Wincanton plc (0.54), less than Chemring Group PLC (1.37), less than Smart Metering Systems plc (1.72), less than DX (Group) plc (1.05), greater than Redde Northgate plc (1.01), less than Xpediator Plc (1.05), less than Anexo Group Plc (3.65), less than RPS Group plc (1.19), greater than Mobico Group Plc (0.76), less than Rotork PLC (2.43),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.54 | N/A | |
| 1.37 | N/A | |
| 1.72 | N/A | |
| 1.05 | N/A | |
| 1.01 | N/A | |
| 1.05 | N/A | |
| 3.65 | N/A | |
| 1.19 | N/A | |
| 0.76 | N/A | |
| 2.43 | N/A |
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What is the Current Ratio?
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How does the current Current Ratio for Royal Mail plc (RMG.L) compare to its historical average?