RMGOF
Price:
$8.788
Market Cap:
$99.01B
Remgro Limited is a principal investment firm. The firm prefers to invest in financial services, food, liquor and home care, banking, insurance, industrial, healthcare, infrastructure, information technology infrastructure services, media, and sport. It considers investments in Africa, UAE, UK, Switzerland and other international countries though investee companies. The firm typically invests in companies with significant influence and board representation. It mainly focuses on the provision of support rather than on being involved in the day-to-day management of business units of investees. Remgro Limited was founded in 1948 and is based in Stellenbosch, South Africa.
Industry
Asset Management
IPO Date
2002-06-25
Stock Exchange
OTC
Ticker
RMGOF
According to Remgro Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.97. This represents a change of 28.76% compared to the average of 2.30 of the last 4 quarters.
The mean historical Current Ratio of Remgro Limited over the last ten years is 2.50. The current 2.97 Current Ratio has changed 11.77% with respect to the historical average. Over the past ten years (40 quarters), RMGOF's Current Ratio was at its highest in in the December 2011 quarter at 5.42. The Current Ratio was at its lowest in in the December 2014 quarter at 1.36.
Average
2.50
Median
2.16
Minimum
1.58
Maximum
4.24
Discovering the peaks and valleys of Remgro 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 = 99.46%
Maximum Annual Current Ratio = 4.24
Minimum Annual Increase = -39.46%
Minimum Annual Current Ratio = 1.58
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.07 | 13.89% |
| 2023 | 1.81 | -21.88% |
| 2022 | 2.32 | 6.09% |
| 2021 | 2.19 | 12.15% |
| 2020 | 1.95 | -39.46% |
| 2019 | 3.22 | -7.48% |
| 2018 | 3.48 | -17.90% |
| 2017 | 4.24 | 99.46% |
| 2016 | 2.13 | 34.63% |
| 2015 | 1.58 | 15.41% |
The current Current Ratio of Remgro Limited (RMGOF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.07
5-year avg
2.07
10-year avg
2.50
Remgro Limited’s Current Ratio is greater than Tikehau Capital (2.83), greater than Eurazeo SE (0.28), greater than RIT Capital Partners plc (0), greater than Wendel (1.80), greater than Reinet Investments S.C.A. (0), greater than Vontobel Holding AG (0.45), greater than Abrdn Plc (0), greater than Abrdn Plc (0), less than Credit Saison Co., Ltd. (14.76), greater than Gentera, S.A.B. de C.V. (0.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.83 | $3.03B | |
| 0.28 | $4.25B | |
| 0 | $3.91B | |
| 1.80 | $3.74B | |
| 0 | $4.56B | |
| 0.45 | $3.92B | |
| 0 | $4.65B | |
| 0 | $4.85B | |
| 14.76 | $3.54B | |
| 0.81 | $3.63B |
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