ARGYF
Price:
$0.3289
Market Cap:
$57.82M
Avanti Helium Corp. is a company dedicated to identifying, exploring, and cultivating helium resources throughout Canada and the United States. Its flagship asset is the Greater Knappen Project, which it fully owns and operates. This substantial project encompasses an area of roughly 78,000 acres, located strategically across Southern Alberta and North-Central Montana. The organization, founded in 2011, initially operated under the name Avanti Energy Inc. before officially adopting Avanti Helium Corp. as its new designation in August 2022. Its main corporate office is situated in Calgary, Canada.
Industry
Oil & Gas Exploration & Production
IPO Date
2015-06-03
Stock Exchange
OTC
Ticker
ARGYF
According to Avanti Helium Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of 96.44% compared to the average of 0.53 of the last 4 quarters.
The mean historical Current Ratio of Avanti Helium Corp. over the last ten years is 14.70. The current 1.05 Current Ratio has changed 614.27% with respect to the historical average. Over the past ten years (40 quarters), ARGYF's Current Ratio was at its highest in in the December 2020 quarter at 120.09. The Current Ratio was at its lowest in in the March 2019 quarter at 0.03.
Average
14.70
Median
0.95
Minimum
0.08
Maximum
120.09
Discovering the peaks and valleys of Avanti Helium Corp. 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 = 22.45%
Maximum Annual Current Ratio = 120.09
Minimum Annual Increase = -97.54%
Minimum Annual Current Ratio = 0.08
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.32 | 65.38% |
| 2024 | 0.20 | -69.53% |
| 2023 | 0.64 | -7.72% |
| 2022 | 0.70 | -79.87% |
| 2021 | 3.46 | -97.12% |
| 2020 | 120.09 | 598.09% |
| 2019 | 17.20 | 22.45% |
| 2018 | 0.08 | -97.54% |
| 2017 | 3.10 | 155.74% |
| 2016 | 1.21 | -20.18% |
The current Current Ratio of Avanti Helium Corp. (ARGYF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.39
5-year avg
1.07
10-year avg
14.70
Avanti Helium Corp.’s Current Ratio is less than TAG Oil Ltd. (2.54), less than Chariot Limited (1.70), less than FAR Limited (794.69), greater than Laredo Oil, Inc. (0.02), greater than Sonoro Energy Ltd. (0.15), less than Spindletop Oil & Gas Co. (1.15), less than ADX Energy Ltd (1.69), greater than Prospera Energy Inc. (0.08), less than Helium Evolution Incorporated (3.60), less than ReGen III Corp. (2.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.54 | $11.42M | |
| 1.70 | $36.06M | |
| 794.69 | $24.12M | |
| 0.02 | $63.10M | |
| 0.15 | $4.81M | |
| 1.15 | $20.45M | |
| 1.69 | $14.69M | |
| 0.08 | $15.73M | |
| 3.60 | $15.21M | |
| 2.14 | $17.33M |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Avanti Helium Corp. (ARGYF)?
What is the 5-year average Current Ratio for Avanti Helium Corp. (ARGYF)?
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