SPX.AX
Price:
$0.0035
Market Cap:
$17.03M
Spenda Limited develops and commercializes technology assets that enable the modernization of business IT systems through conversion, migration, and management of server-based legacy data and systems to the cloud in Australia. It operates through SaaS and Payments, and Lending segments. The company offers business-to-business payment services; merchant services; solutions for integrating payments into the software platform or marketplace; and invoice, supplier, buyer, and agri finance solutions. It also provides accounts receivable automation software for streamlining collections and accelerating incoming payments; accounts payable automation software for managing supplier payments and drivi...[Read more]
Industry
Software - Infrastructure
IPO Date
2002-05-29
Stock Exchange
ASX
Ticker
SPX.AX
According to Spenda Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.38. This represents a change of -66.08% compared to the average of 4.08 of the last 4 quarters.
The mean historical Current Ratio of Spenda Limited over the last ten years is 2.62. The current 1.38 Current Ratio has changed 5.17% with respect to the historical average. Over the past ten years (40 quarters), SPX.AX's Current Ratio was at its highest in in the June 2003 quarter at 18.68. The Current Ratio was at its lowest in in the December 2016 quarter at 0.
Average
2.62
Median
1.42
Minimum
0.05
Maximum
8.40
Discovering the peaks and valleys of Spenda 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 = 2.63%
Maximum Annual Current Ratio = 8.40
Minimum Annual Increase = -87.23%
Minimum Annual Current Ratio = 0.05
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.38 | -83.53% |
| 2024 | 8.40 | 15.28% |
| 2023 | 7.28 | 235.05% |
| 2022 | 2.17 | -43.06% |
| 2021 | 3.82 | 1.27% |
| 2020 | 0.28 | -71.41% |
| 2019 | 0.97 | -33.12% |
| 2018 | 1.45 | 2.63% |
| 2017 | 0.05 | -87.23% |
| 2016 | 0.42 | -79.39% |
The current Current Ratio of Spenda Limited (SPX.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
5.69
5-year avg
4.61
10-year avg
2.62
Spenda Limited’s Current Ratio is greater than Peppermint Innovation Limited (0.48), greater than WhiteHawk Limited (0.82), less than Beonic Limited (0), greater than Adslot Limited (0.72), greater than Knosys Limited (0.87), less than Beam Communications Holdings Limited (1.61), less than RooLife Group Ltd (1.53), greater than Way 2 Vat Ltd (0.98), greater than X2M Connect Limited (0.37), greater than Linius Technologies Limited (0.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.48 | $10.04M | |
| 0.82 | $7.32M | |
| 0 | $10.50M | |
| 0.72 | $5.80M | |
| 0.87 | $5.19M | |
| 1.61 | $8.04M | |
| 1.53 | $7.51M | |
| 0.98 | $21.30M | |
| 0.37 | $6.09M | |
| 0.15 | $16.06M |
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What is the Current Ratio?
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