ARSEF
Price:
$0.0001
Market Cap:
$7.62K
Altai Resources Inc. operates as a natural resource exploration and development company in Canada. The company explores for oil and gas, and gold properties. It holds a 100% interest in the Sorel-Trois Rivieres natural gas property comprising five oil and gas and reservoir licenses covering an area of 68,483 hectares located in St. Lawrence Lowlands, Quebec; a 45% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Southern Alberta; and a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in Quebec. Altai Resources Inc. was incorporated in 1955 and is headquartered i...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2009-01-08
Stock Exchange
OTC
Ticker
ARSEF
According to Altai Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.70. This represents a change of -94.20% compared to the average of 29.30 of the last 4 quarters.
The mean historical Current Ratio of Altai Resources Inc. over the last ten years is 82.22. The current 1.70 Current Ratio has changed 106.70% with respect to the historical average. Over the past ten years (40 quarters), ARSEF's Current Ratio was at its highest in in the June 2016 quarter at 454.26. The Current Ratio was at its lowest in in the September 2025 quarter at 1.70.
Average
82.22
Median
67.02
Minimum
21.23
Maximum
247.71
Discovering the peaks and valleys of Altai Resources 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 = 119.71%
Maximum Annual Current Ratio = 247.71
Minimum Annual Increase = -54.20%
Minimum Annual Current Ratio = 21.23
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 23.39 | -49.84% |
| 2023 | 46.63 | 119.71% |
| 2022 | 21.23 | -54.20% |
| 2021 | 46.34 | -34.06% |
| 2020 | 70.28 | 3.27% |
| 2019 | 68.05 | 3.13% |
| 2018 | 65.98 | -36.79% |
| 2017 | 104.39 | -18.60% |
| 2016 | 128.25 | -48.22% |
| 2015 | 247.71 | 14.74% |
The current Current Ratio of Altai Resources Inc. (ARSEF) 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
30.42
5-year avg
41.57
10-year avg
82.22
Altai Resources Inc.’s Current Ratio is greater than Black Dragon Resource Companies, Inc. (0), greater than Pambili Natural Resources Corporation (0.02), greater than Permex Petroleum Corporation (0.23), less than U.S. Oil and Gas Plc (7.75), less than Circle Energy, Inc. (15.98), greater than FEC Resources Inc. (1.15), greater than Southern Realty Co. (0), greater than Centaurus Energy Inc. (0.17), greater than Black Rock Petroleum Company (0), greater than EGPI Firecreek, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $3.50M | |
| 0.02 | $102.24K | |
| 0.23 | $937.55K | |
| 7.75 | $2.38M | |
| 15.98 | $2.29M | |
| 1.15 | $4.13M | |
| 0 | $1.73M | |
| 0.17 | $1.46M | |
| 0 | $2.00M | |
| 0 | $1.90M |
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What is the Current Ratio?
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