5243.KL
Price:
$0.285
Market Cap:
$2.34B
Velesto Energy Berhad, an investment holding company, provides services for the upstream sector of the oil and gas industry in Malaysia and internationally. It offers drilling services for exploration, development, and production wells; workover services to the upstream sector of the oil and gas industry; and threading, inspection, and repair services for oil country tubular goods. The company also owns and operates drilling rigs, which are chartered out to oil majors for their exploration, development, and production activities; and hydraulic workover units for the removal and replacement of well equipment to restore the operation of suspended or under-performing wells. In addition, it prov...[Read more]
Industry
Oil & Gas Drilling
IPO Date
2013-11-01
Stock Exchange
KLS
Ticker
5243.KL
According to Velesto Energy Berhad’s latest financial reports and current stock price. The company's current Current Ratio is 1.76. This represents a change of 8.91% compared to the average of 1.61 of the last 4 quarters.
The mean historical Current Ratio of Velesto Energy Berhad over the last ten years is 1.71. The current 1.76 Current Ratio has changed 10.19% with respect to the historical average. Over the past ten years (40 quarters), 5243.KL's Current Ratio was at its highest in in the March 2018 quarter at 4.43. The Current Ratio was at its lowest in in the September 2017 quarter at 0.28.
Average
1.71
Median
1.68
Minimum
0.53
Maximum
3.83
Discovering the peaks and valleys of Velesto Energy Berhad 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 = 243.02%
Maximum Annual Current Ratio = 3.83
Minimum Annual Increase = -52.64%
Minimum Annual Current Ratio = 0.53
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.41 | -19.75% |
| 2023 | 1.76 | 30.16% |
| 2022 | 1.35 | -15.11% |
| 2021 | 1.59 | -32.38% |
| 2020 | 2.35 | 29.89% |
| 2019 | 1.81 | -52.64% |
| 2018 | 3.83 | 110.50% |
| 2017 | 1.82 | 243.02% |
| 2016 | 0.53 | -13.06% |
| 2015 | 0.61 | -45.58% |
The current Current Ratio of Velesto Energy Berhad (5243.KL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.51
5-year avg
1.69
10-year avg
1.71
Velesto Energy Berhad’s Current Ratio is less than Icon Offshore Bhd (2.92), less than Bumi Armada Bhd (2.61), less than Dayang Enterprise Holdings Bhd (4.86), greater than Hibiscus Petroleum Berhad (0.73), greater than Petron Malaysia Refining & Marketing Bhd (1.63), greater than Solarvest Holdings Bhd (1.51), greater than Malaysia Marine and Heavy Engineering Holdings Berhad (0.85), greater than Wasco Berhad (1.22), greater than Sapura Energy Berhad (1.14), greater than T7 Global Berhad (1.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.92 | $2.19B | |
| 2.61 | $1.84B | |
| 4.86 | $1.86B | |
| 0.73 | $1.11B | |
| 1.63 | $1.05B | |
| 1.51 | $2.96B | |
| 0.85 | $560.00M | |
| 1.22 | $693.01M | |
| 1.14 | $353.74M | |
| 1.22 | $270.87M |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Velesto Energy Berhad (5243.KL)?
What is the 5-year average Current Ratio for Velesto Energy Berhad (5243.KL)?
How does the current Current Ratio for Velesto Energy Berhad (5243.KL) compare to its historical average?