As of May 28, 2025, Landore Resources Ltd (LND.L) reports a Current Ratio of 2.59.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Landore Resources Ltd's Current Ratio
Over recent years, Landore Resources Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 2.59 |
| 2022-12-31 | 2.59 |
| 2021-12-31 | 5.29 |
| 2020-12-31 | 2.69 |
| 2019-12-31 | 0.42 |
This fluctuation highlights how Landore Resources Ltd manages its short-term assets and liabilities over time.
Comparing Landore Resources Ltd's Current Ratio to Peers
To better understand Landore Resources Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Landore Resources Ltd (LND.L) | 2.59 |
| Kodal Minerals PLC (KOD.L) | 142.38 |
| Ormonde Mining PLC (ORQ1.IR) | 30.27 |
| Lithium Americas Corp (LAC.TO) | 10.38 |
| Power Metal Resources PLC (POW.L) | 10.12 |
| Rockfire Resources PLC (ROCK.L) | 9.77 |
Compared to its competitors, Landore Resources Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.