TOR.AX
Price:
$0.31
Market Cap:
$167.76M
Torque Metals Limited operates as a gold exploration company in Australia. Its flagship project is the 100% owned Paris Gold project comprising 9 mining leases and 2 prospecting leases covering an area of approximately 68 square kilometers located in Western Australia. The company was incorporated in 2017 and is based in Subiaco, Australia.
Industry
Gold
IPO Date
2021-06-25
Stock Exchange
ASX
Ticker
TOR.AX
According to Torque Metals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.55. This represents a change of 20.79% compared to the average of 1.28 of the last 4 quarters.
The mean historical Current Ratio of Torque Metals Limited over the last ten years is 3.08. The current 1.55 Current Ratio has changed 4.92% with respect to the historical average. Over the past ten years (40 quarters), TOR.AX's Current Ratio was at its highest in in the June 2022 quarter at 10.50. The Current Ratio was at its lowest in in the December 2017 quarter at 0.
Average
3.08
Median
1.70
Minimum
0.09
Maximum
10.50
Discovering the peaks and valleys of Torque Metals 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 = 2.53%
Maximum Annual Current Ratio = 10.50
Minimum Annual Increase = -94.88%
Minimum Annual Current Ratio = 0.09
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.55 | 77.41% |
| 2024 | 0.87 | -69.90% |
| 2023 | 2.90 | -72.39% |
| 2022 | 10.50 | 57.78% |
| 2021 | 6.65 | 2.53% |
| 2020 | 0.25 | 166.10% |
| 2019 | 0.09 | -94.88% |
The current Current Ratio of Torque Metals Limited (TOR.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
1.77
5-year avg
4.49
10-year avg
3.08
Torque Metals Limited’s Current Ratio is less than Lion Selection Group Limited (45.27), less than Delta Lithium Limited (23.71), less than Geopacific Resources Limited (10.30), greater than Kaiser Reef Limited (1.18), less than Titan Minerals Limited (5.26), less than Victory Metals Limited (5.81), greater than Theta Gold Mines Limited (0.35), greater than Golden Horse Minerals Ltd. (0.97), greater than Mindax Limited (1.06), less than Cygnus Metals Limited (7.55),
| Company | Current Ratio | Market cap |
|---|---|---|
| 45.27 | $127.58M | |
| 23.71 | $150.62M | |
| 10.30 | $110.33M | |
| 1.18 | $155.90M | |
| 5.26 | $215.35M | |
| 5.81 | $133.84M | |
| 0.35 | $159.09M | |
| 0.97 | $155.61M | |
| 1.06 | $108.26M | |
| 7.55 | $143.70M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Torque Metals Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Torque Metals Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Torque Metals Limited's Current Ratio?
How is the Current Ratio calculated for Torque Metals Limited (TOR.AX)?
What is the highest Current Ratio for Torque Metals Limited (TOR.AX)?
What is the 3-year average Current Ratio for Torque Metals Limited (TOR.AX)?
What is the 5-year average Current Ratio for Torque Metals Limited (TOR.AX)?
How does the current Current Ratio for Torque Metals Limited (TOR.AX) compare to its historical average?