ARSEF
Price:
$0.015
Market Cap:
$1.17M
Altai Resources Inc. is a Canadian-based enterprise primarily focused on the exploration and development of natural resources. The company's activities specifically target crude oil, natural gas, and gold deposits. Its asset portfolio includes full ownership (100%) of the Sorel-Trois Rivieres natural gas property in Quebec's St. Lawrence Lowlands, which consists of five oil and gas exploitation and reservoir permits spanning 68,483 hectares. Additionally, Altai holds a 45% stake in the Cessford oil property, an area of 240 acres situated in Southern Alberta's Cessford region. The company also possesses a 50% interest in the Malartic gold property in Quebec, which is comprised of six map-desi...[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 48.46. This represents a change of 38.56% compared to the average of 34.97 of the last 4 quarters.
The mean historical Current Ratio of Altai Resources Inc. over the last ten years is 60.26. The current 48.46 Current Ratio has changed 7.94% 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 1.22.
Average
60.26
Median
56.31
Minimum
21.23
Maximum
128.25
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 = 128.25
Minimum Annual Increase = -54.20%
Minimum Annual Current Ratio = 21.23
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 28.07 | 20.00% |
| 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% |
The current Current Ratio of Altai Resources Inc. (ARSEF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
32.70
5-year avg
33.13
10-year avg
60.26
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), greater than U.S. Oil and Gas Plc (7.75), greater than Circle Energy, Inc. (4.20), greater than FEC Resources Inc. (0.09), greater than Southern Realty Co. (0), greater than Centaurus Energy Inc. (0.19), greater than Black Rock Petroleum Company (0), greater than EGPI Firecreek, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $3.50M | |
| 0.02 | $90.86K | |
| 0.23 | $1.80M | |
| 7.75 | $23.76M | |
| 4.20 | $2.72M | |
| 0.09 | $774.97K | |
| 0 | $1.96M | |
| 0.19 | $1.55M | |
| 0 | $2.00M | |
| 0 | $1.90M |
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What is the Current Ratio?
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