RTH.AX
Price:
$0.98
Market Cap:
$45.95M
RAS Technology Holdings Limited provides integrated data, content, and software as a service (SaaS) solution to the racing and wagering industries in Australia, the United Kingdom, the United States, Sri Lanka, and internationally. It offers wholesale data, content distribution, wagering technology and services, specialist data services, digital and media, and consulting and integrity services to racing bodies and authorities, wagering operators, media and digital organizations, and retail and private clients. The company was founded in 1999 and is based in Kingston, Australia.
Industry
Software - Infrastructure
IPO Date
2021-11-22
Stock Exchange
ASX
Ticker
RTH.AX
According to RAS Technology Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.72. This represents a change of -31.18% compared to the average of 2.51 of the last 4 quarters.
The mean historical Current Ratio of RAS Technology Holdings Limited over the last ten years is 1.78. The current 1.72 Current Ratio has changed 9.60% with respect to the historical average. Over the past ten years (40 quarters), RTH.AX's Current Ratio was at its highest in in the December 2021 quarter at 5.74. The Current Ratio was at its lowest in in the December 2018 quarter at 0.
Average
1.78
Median
1.72
Minimum
0
Maximum
4.09
Discovering the peaks and valleys of RAS Technology 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 = 0%
Maximum Annual Current Ratio = 4.09
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.72 | -33.52% |
| 2024 | 2.59 | -8.31% |
| 2023 | 2.83 | -30.77% |
| 2022 | 4.09 | 237.87% |
| 2021 | 1.21 | Infinity% |
| 2020 | 0 | 0% |
The current Current Ratio of RAS Technology Holdings Limited (RTH.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.38
5-year avg
2.49
10-year avg
1.78
RAS Technology Holdings Limited’s Current Ratio is less than Senetas Corporation Limited (2.56), greater than Janison Education Group Limited (1.17), less than dorsaVi Ltd (3.30), greater than QuickFee Limited (1.05), greater than Urbanise.com Limited (1.63), greater than Change Financial Limited (1.04), greater than Dubber Corporation Limited (1.20), greater than Vection Technologies Limited (0.81), less than Integrated Research Limited (4.07), less than iCetana Limited (2.91),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.56 | $4.05B | |
| 1.17 | $61.07M | |
| 3.30 | $33.76M | |
| 1.05 | $29.45M | |
| 1.63 | $58.32M | |
| 1.04 | $46.95M | |
| 1.20 | $42.72M | |
| 0.81 | $54.32M | |
| 4.07 | $61.15M | |
| 2.91 | $29.25M |
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