ARSLF
Price:
$0.3175
Market Cap:
$34.40M
Altima Resources Ltd. engages in the acquisition, exploration, and development of petroleum and natural gas properties. The company's exploration program is focused on conventional and resource based deeper multi-zone gas and gas condensate targets in Western Canada. Altima Resources Ltd was incorporated in 2003 and is headquartered in Vancouver, Canada.
Industry
Oil & Gas Exploration & Production
IPO Date
2009-09-08
Stock Exchange
OTC
Ticker
ARSLF
According to Altima Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.16. This represents a change of 17.68% compared to the average of 0.14 of the last 4 quarters.
The mean historical Current Ratio of Altima Resources Ltd. over the last ten years is 0.09. The current 0.16 Current Ratio has changed 18.81% with respect to the historical average. Over the past ten years (40 quarters), ARSLF's Current Ratio was at its highest in in the November 2014 quarter at 0.34. The Current Ratio was at its lowest in in the November 2016 quarter at 0.00.
Average
0.09
Median
0.06
Minimum
0.00
Maximum
0.34
Discovering the peaks and valleys of Altima Resources Ltd. 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 = 1.04%
Maximum Annual Current Ratio = 0.34
Minimum Annual Increase = -98.26%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.09 | 9.14% |
| 2023 | 0.08 | -31.40% |
| 2022 | 0.12 | 1.04% |
| 2020 | 0.01 | 0% |
| 2019 | 0.01 | -71.17% |
| 2018 | 0.04 | 231.73% |
| 2017 | 0.01 | 283.45% |
| 2016 | 0.00 | -98.26% |
| 2015 | 0.16 | -51.46% |
| 2014 | 0.34 | -45.11% |
The current Current Ratio of Altima Resources Ltd. (ARSLF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.10
5-year avg
0.06
10-year avg
0.09
Altima Resources Ltd.’s Current Ratio is less than Challenger Energy Group PLC (1.56), less than Petro Matad Limited (3.74), greater than Guardian Exploration Inc. (0.15), less than Eco (Atlantic) Oil & Gas Ltd. (4.34), less than Desert Mountain Energy Corp. (2.00), less than Sound Energy plc (2.78), greater than CGX Energy Inc. (0.09), less than Blue Star Helium Limited (0.66), greater than Jericho Energy Ventures Inc. (0.05), less than Wilton Resources Inc. (0.36),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.56 | $43.55M | |
| 3.74 | $36.79M | |
| 0.15 | $34.14M | |
| 4.34 | $42.57M | |
| 2.00 | $18.84M | |
| 2.78 | $34.12M | |
| 0.09 | $35.08M | |
| 0.66 | $18.01M | |
| 0.05 | $21.92M | |
| 0.36 | $16.42M |
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