The Current Ratio of Magnetite Mines Ltd (MGT.AX) is 1.02.
Current Ratio compares a firm's current assets to its current liabilities to assess short-term liquidity. A ratio above 1.0 typically indicates a strong ability to meet obligations.
| Date | Value |
|---|---|
| 2024-06-30 | 1.02 |
| 2023-06-30 | 1.53 |
| 2022-06-30 | 4.64 |
| 2021-06-30 | 20.08 |
| 2020-06-30 | 2.78 |
| 2019-06-30 | 0.09 |
| 2018-06-30 | 2.90 |
| 2017-06-30 | 2.82 |
| 2016-06-30 | 2.88 |
| 2015-06-30 | 15.81 |