SALT.L
MicroSalt Plc engages in developing and producing sodium salt and snack foods. It focuses on seeking to reduce the sodium content in foods for its existing and new product lines. The company was founded by Clifford Mark Gross on March 14, 2016 and is headquartered in London, the United Kingdom.
Industry
Packaged Foods
IPO Date
2024-02-01
Stock Exchange
LSE
Ticker
SALT.L
According to MicroSalt Plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.37. This represents a change of -50.33% compared to the average of 2.76 of the last 4 quarters.
The mean historical Current Ratio of MicroSalt Plc over the last ten years is 4.47. The current 1.37 Current Ratio has changed 2.96% with respect to the historical average. Over the past ten years (40 quarters), SALT.L's Current Ratio was at its highest in in the June 2024 quarter at 6.26. The Current Ratio was at its lowest in in the December 2023 quarter at 1.11.
Average
4.47
Median
3.15
Minimum
1.11
Maximum
9.42
Discovering the peaks and valleys of MicroSalt 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 = 22.99%
Maximum Annual Current Ratio = 9.42
Minimum Annual Increase = -64.65%
Minimum Annual Current Ratio = 1.11
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.37 | 22.99% |
| 2023 | 1.11 | -64.65% |
| 2022 | 3.15 | -56.92% |
| 2021 | 7.31 | -22.32% |
The current Current Ratio of MicroSalt Plc (SALT.L) 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
1.88
5-year avg
4.47
10-year avg
4.47
MicroSalt Plc’s Current Ratio is less than The Artisanal Spirits Company plc (3.58), greater than R.E.A. Holdings plc (0.96), greater than Zambeef Products PLC (0.97), less than Virgin Wines UK PLC (1.67), less than Wellnex Life Limited (0), less than Naked Wines plc (1.66), greater than Ukrproduct Group Limited (0.64), less than Creightons Plc (2.55), greater than R.E.A. Holdings plc (0.96), greater than Revolution Beauty Group plc (0.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.58 | N/A | |
| 0.96 | N/A | |
| 0.97 | N/A | |
| 1.67 | N/A | |
| 0 | N/A | |
| 1.66 | N/A | |
| 0.64 | N/A | |
| 2.55 | N/A | |
| 0.96 | N/A | |
| 0.70 | N/A |
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