SML.NZ
Price:
$0.68
Market Cap:
$410.17M
Synlait Milk Limited, together with its subsidiaries, manufactures and sells dairy products in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally. The company is also involved in the processing, packaging, and marketing of dairy products, including cheese, butter, and milk powder. It offers liquid milk; milk powder related products; nutritional products, such as infant and adult nutritional powders; ingredients comprising skim milk powders and anhydrous milk fat; and specialized nutritional ingredients, such as lactoferrin. The company was incorporated in 2005 and is headquartered in Rakaia, New Zealand.
Industry
Packaged Foods
IPO Date
2013-07-22
Stock Exchange
NZE
Ticker
SML.NZ
According to Synlait Milk Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.86. This represents a change of 9.35% compared to the average of 0.79 of the last 4 quarters.
The mean historical Current Ratio of Synlait Milk Limited over the last ten years is 0.97. The current 0.86 Current Ratio has changed 8.84% with respect to the historical average. Over the past ten years (40 quarters), SML.NZ's Current Ratio was at its highest in in the July 2021 quarter at 1.45. The Current Ratio was at its lowest in in the July 2024 quarter at 0.63.
Average
0.97
Median
0.95
Minimum
0.63
Maximum
1.45
Discovering the peaks and valleys of Synlait Milk 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 = 81.14%
Maximum Annual Current Ratio = 1.45
Minimum Annual Increase = -42.39%
Minimum Annual Current Ratio = 0.63
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.63 | -29.61% |
| 2023 | 0.90 | 7.35% |
| 2022 | 0.84 | -42.39% |
| 2021 | 1.45 | 44.84% |
| 2020 | 1.00 | 32.50% |
| 2019 | 0.76 | -26.11% |
| 2018 | 1.03 | -7.81% |
| 2017 | 1.11 | -10.49% |
| 2016 | 1.24 | 81.14% |
| 2015 | 0.69 | -26.90% |
The current Current Ratio of Synlait Milk Limited (SML.NZ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.79
5-year avg
0.97
10-year avg
0.97
Synlait Milk Limited’s Current Ratio is less than Delegat Group Limited (5.00), less than Sanford Limited (3.58), less than Comvita Limited (1.66), less than Me Today Limited (1.43), less than T&G Global Limited (0.95), less than New Zealand King Salmon Investments Limited (5.10), less than Seeka Limited (1.39), less than Livestock Improvement Corporation Limited (3.89), less than Scales Corporation Limited (1.77), less than Foley Wines Limited (2.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 5.00 | $461.15M | |
| 3.58 | $662.96M | |
| 1.66 | $36.66M | |
| 1.43 | $3.10M | |
| 0.95 | $284.30M | |
| 5.10 | $104.95M | |
| 1.39 | $186.13M | |
| 3.89 | $141.58M | |
| 1.77 | $857.00M | |
| 2.89 | $38.78M |
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