Meren Energy Inc.

Meren Energy Inc.verified

AOIFF

Price:

$1.26

Market Cap:

$917.19M

Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya, Ethiopia and Mali as well as Puntland (Somalia) through its 45% equity interest in Horn Petroleum Corporation.

Industry

Oil & Gas Exploration & Production

IPO Date

2009-01-08

Stock Exchange

OTC

Ticker

AOIFF

The Current Ratio as of December 2025 (TTM) for Meren Energy Inc. (AOIFF) is 5.25

According to Meren Energy Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.25. This represents a change of -3.16% compared to the average of 5.42 of the last 4 quarters.

Meren Energy Inc. (AOIFF) Historical Current Ratio (quarterly & annually)

How has AOIFF Current Ratio performed in the past?

The mean historical Current Ratio of Meren Energy Inc. over the last ten years is 8.33. The current 5.25 Current Ratio has changed 6.21% with respect to the historical average. Over the past ten years (40 quarters), AOIFF's Current Ratio was at its highest in in the June 2022 quarter at 18.58. The Current Ratio was at its lowest in in the March 2025 quarter at 0.

Quarterly (TTM)
Annual

Average

8.33

Median

7.79

Minimum

1.88

Maximum

15.74

Meren Energy Inc. (AOIFF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Meren Energy Inc. 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 = 737.78%

Maximum Annual Current Ratio = 15.74

Minimum Annual Increase = -56.99%

Minimum Annual Current Ratio = 1.88

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.25-50.37%
202310.58134.22%
20224.52-42.17%
20217.81134.00%
20203.34-56.99%
20197.76-34.54%
201811.86-18.45%
201714.55-7.62%
201615.74737.78%
20151.8875.83%

Meren Energy Inc. (AOIFF) Average Current Ratio

How has AOIFF Current Ratio performed in the past?

The current Current Ratio of Meren Energy Inc. (AOIFF) 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

6.79

5-year avg

6.30

10-year avg

8.33

Meren Energy Inc. (AOIFF) Current Ratio vs. Peers

How is AOIFF’s Current Ratio compared to its peers?

Meren Energy Inc.’s Current Ratio is greater than Strategic Oil & Gas Ltd. (1.89), greater than BW Energy Limited (1.59), greater than Karoon Energy Ltd (1.82), greater than Cardinal Energy Ltd. (0.57), greater than Spartan Delta Corp. (0.80), greater than Kelt Exploration Ltd. (0.86), greater than Amplitude Energy Ltd. (1.64), greater than Kiwetinohk Energy Corp. (1.02), greater than IRPC Public Company Limited (1.10), greater than Oil Refineries Ltd. (1.51),

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