SOC.AX
Price:
$0.053
Market Cap:
$7.39M
SOCO Corporation Ltd operates as an information technology services consultancy in Australia. The company offers services in the areas of advisory and consulting, enablement services, digital strategy and architecture, licensing, and project delivery for public and private sector organizations. It primarily serves markets, including federal government, further and higher education, local and state government, engineering and resources, and not-for-profits. The company was founded in 2013 and is headquartered in Brisbane, Australia.
Industry
Information Technology Services
IPO Date
2022-12-22
Stock Exchange
ASX
Ticker
SOC.AX
According to SOCO Corporation Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.22. This represents a change of 6.71% compared to the average of 1.14 of the last 4 quarters.
The mean historical Current Ratio of SOCO Corporation Ltd over the last ten years is 1.70. The current 1.22 Current Ratio has changed 7.06% with respect to the historical average. Over the past ten years (40 quarters), SOC.AX's Current Ratio was at its highest in in the June 2023 quarter at 3.27. The Current Ratio was at its lowest in in the December 2021 quarter at 0.
Average
1.70
Median
1.56
Minimum
0
Maximum
3.27
Discovering the peaks and valleys of SOCO Corporation Ltd 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 = Infinity%
Maximum Annual Current Ratio = 3.27
Minimum Annual Increase = -63.65%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.22 | 2.28% |
| 2024 | 1.19 | -63.65% |
| 2023 | 3.27 | 25.54% |
| 2022 | 2.61 | 36.79% |
| 2021 | 1.91 | Infinity% |
The current Current Ratio of SOCO Corporation Ltd (SOC.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
1.89
5-year avg
2.04
10-year avg
1.70
SOCO Corporation Ltd’s Current Ratio is greater than Remsense Technologies Limited (0.98), less than Beam Communications Holdings Limited (1.61), greater than X2M Connect Limited (0.37), less than Redcastle Resources Limited (5.64), greater than WhiteHawk Limited (0.82), less than RooLife Group Ltd (1.53), greater than 8common Limited (0.31), less than Spenda Limited (1.38), greater than Knosys Limited (0.87), greater than CPT Global Limited (0.90),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.98 | $8.28M | |
| 1.61 | $8.04M | |
| 0.37 | $6.09M | |
| 5.64 | $60.04M | |
| 0.82 | $7.32M | |
| 1.53 | $8.45M | |
| 0.31 | $6.50M | |
| 1.38 | $17.03M | |
| 0.87 | $5.19M | |
| 0.90 | $3.18M |
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