SVR.AX
Price:
$1.73
Market Cap:
$335.61M
Solvar Limited provides automotive and personal finance in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, motorbikes, utility vehicles, trailers, tractors, trucks, caravan, boats, horse floats, ride on mowers, equipment, and jet skis, as well as secured and unsecured personal loans. It provides loans through brokers and dealers under the Money3, AFS, and Go Car Finance brand names. The company was formerly known as Money3 Corporation Limited and changed its name to Solvar Limited in November 2022. Solvar Limited was incorporated in 2005 and is headquartered in Bundoora, Australia.
Industry
Financial - Credit Services
IPO Date
2006-08-17
Stock Exchange
ASX
Ticker
SVR.AX
According to Solvar Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.25. This represents a change of 15.42% compared to the average of 1.95 of the last 4 quarters.
The mean historical Current Ratio of Solvar Limited over the last ten years is 7.58. The current 2.25 Current Ratio has changed 2.87% with respect to the historical average. Over the past ten years (40 quarters), SVR.AX's Current Ratio was at its highest in in the December 2018 quarter at 22.48. The Current Ratio was at its lowest in in the December 2006 quarter at 0.
Average
7.58
Median
4.96
Minimum
2.25
Maximum
19.42
Discovering the peaks and valleys of Solvar 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 = 360.18%
Maximum Annual Current Ratio = 19.42
Minimum Annual Increase = -65.06%
Minimum Annual Current Ratio = 2.25
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.25 | -35.53% |
| 2024 | 3.49 | 9.89% |
| 2023 | 3.18 | -44.24% |
| 2022 | 5.70 | 50.44% |
| 2021 | 3.79 | -65.06% |
| 2020 | 10.84 | -15.26% |
| 2019 | 12.79 | -34.12% |
| 2018 | 19.42 | 360.18% |
| 2017 | 4.22 | -58.22% |
| 2016 | 10.10 | 77.18% |
The current Current Ratio of Solvar Limited (SVR.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
2.97
5-year avg
3.68
10-year avg
7.58
Solvar Limited’s Current Ratio is greater than Humm Group Limited (1.07), less than Plenti Group Limited (54.20), less than Pengana International Equities Limited (39.40), less than Pacific Current Group Limited (34.56), greater than Kina Securities Limited (0), less than WAM Research Limited (18.08), greater than FSA Group Limited (1.49), greater than Regal Asian Investments Limited (0), less than Amcil Limited (3.11), greater than Resimac Group Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.07 | $293.93M | |
| 54.20 | $207.77M | |
| 39.40 | $331.70M | |
| 34.56 | $316.62M | |
| 0 | $358.11M | |
| 18.08 | $253.69M | |
| 1.49 | $158.18M | |
| 0 | $318.62M | |
| 3.11 | $324.44M | |
| 0 | $381.48M |
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