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
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.
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.
Average
8.33
Median
7.79
Minimum
1.88
Maximum
15.74
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
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.25 | -50.37% |
| 2023 | 10.58 | 134.22% |
| 2022 | 4.52 | -42.17% |
| 2021 | 7.81 | 134.00% |
| 2020 | 3.34 | -56.99% |
| 2019 | 7.76 | -34.54% |
| 2018 | 11.86 | -18.45% |
| 2017 | 14.55 | -7.62% |
| 2016 | 15.74 | 737.78% |
| 2015 | 1.88 | 75.83% |
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.’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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.89 | $4.00M | |
| 1.59 | $925.17M | |
| 1.82 | $731.49M | |
| 0.57 | $1.06B | |
| 0.80 | $1.14B | |
| 0.86 | $1.14B | |
| 1.64 | $2.95M | |
| 1.02 | $773.25M | |
| 1.10 | $714.37M | |
| 1.51 | $933.07M |
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What is the 5-year average Current Ratio for Meren Energy Inc. (AOIFF)?
How does the current Current Ratio for Meren Energy Inc. (AOIFF) compare to its historical average?