ARHVF
Price:
$2
Market Cap:
$198.99M
Archer Limited, an oilfield service company, provides various oilfield products and services to the oil and gas industry. The company operates through two segments, Eastern Hemisphere and Western Hemisphere. It provides oiltools, such as plugs and abandonment (P&A), slot recovery and P&A, cementing, and well cleaning solutions; digital well integrity solutions; land drilling and platform drilling services; mobile offshore drilling unit management services; and modular drilling rigs. The company also offers engineering services, such as project management, construction and installations, multidiscipline engineering, consulting, and inspection services. In addition, it provides wireline servic...[Read more]
Industry
Oil & Gas Drilling
IPO Date
2011-07-06
Stock Exchange
OTC
Ticker
ARHVF
According to Archer Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.19. This represents a change of -1.93% compared to the average of 1.21 of the last 4 quarters.
The mean historical Current Ratio of Archer Limited over the last ten years is 1.12. The current 1.19 Current Ratio has changed 10.49% with respect to the historical average. Over the past ten years (40 quarters), ARHVF's Current Ratio was at its highest in in the March 2023 quarter at 1.98. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
1.12
Median
1.23
Minimum
0.37
Maximum
1.70
Discovering the peaks and valleys of Archer Limited 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 = 271.73%
Maximum Annual Current Ratio = 1.70
Minimum Annual Increase = -76.09%
Minimum Annual Current Ratio = 0.37
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.19 | -7.46% |
| 2023 | 1.28 | 193.64% |
| 2022 | 0.44 | -65.85% |
| 2021 | 1.28 | -6.63% |
| 2020 | 1.37 | 271.73% |
| 2019 | 0.37 | -76.09% |
| 2018 | 1.54 | -9.29% |
| 2017 | 1.70 | 85.24% |
| 2016 | 0.92 | -19.32% |
| 2015 | 1.14 | -20.25% |
The current Current Ratio of Archer Limited (ARHVF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.97
5-year avg
1.11
10-year avg
1.12
Archer Limited’s Current Ratio is greater than Northern Ocean Ltd. (0.27), less than Vantage Drilling International (1.88), greater than Tullow Oil plc (0.55), less than Orrön Energy AB (publ) (3.69), greater than Calfrac Well Services Ltd. (0.94), greater than Tullow Oil plc (0.55), greater than Pine Cliff Energy Ltd. (0.47), less than Genel Energy plc (2.79), less than Capricorn Energy PLC (2.42), greater than NG Energy International Corp. (0.76),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.27 | $181.93M | |
| 1.88 | $159.54M | |
| 0.55 | $136.75M | |
| 3.69 | $145.81M | |
| 0.94 | $204.39M | |
| 0.55 | $87.57M | |
| 0.47 | $229.15M | |
| 2.79 | $224.95M | |
| 2.42 | $168.04M | |
| 0.76 | $187.83M |
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