BLMC
Price:
$1.9
Market Cap:
$4.76M
Biloxi Marsh Lands Corporation engages in the exploration and development of oil and natural gas resources in Louisiana and Texas. Its principal assets are surface and mineral rights to approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana. The company was founded in 1936 and is based in Metairie, Louisiana.
Industry
Oil & Gas Exploration & Production
IPO Date
2004-02-25
Stock Exchange
OTC
Ticker
BLMC
According to Biloxi Marsh Lands Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.27. This represents a change of -2.76% compared to the average of 2.33 of the last 4 quarters.
The mean historical Current Ratio of Biloxi Marsh Lands Corporation over the last ten years is 57.66. The current 2.27 Current Ratio has changed 293.17% with respect to the historical average. Over the past ten years (40 quarters), BLMC's Current Ratio was at its highest in in the March 2017 quarter at 209.43. The Current Ratio was at its lowest in in the March 2020 quarter at 0.74.
Average
57.66
Median
2.85
Minimum
1.48
Maximum
206.36
Discovering the peaks and valleys of Biloxi Marsh Lands Corporation 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 = 113.11%
Maximum Annual Current Ratio = 206.36
Minimum Annual Increase = -98.19%
Minimum Annual Current Ratio = 1.48
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.71 | 7.18% |
| 2023 | 2.53 | -15.01% |
| 2022 | 2.98 | 101.05% |
| 2021 | 1.48 | -37.66% |
| 2020 | 2.38 | -7.92% |
| 2019 | 2.58 | -98.19% |
| 2018 | 142.85 | 107.92% |
| 2017 | 68.70 | -52.30% |
| 2016 | 144.04 | -30.20% |
| 2015 | 206.36 | 113.11% |
The current Current Ratio of Biloxi Marsh Lands Corporation (BLMC) 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
2.74
5-year avg
2.42
10-year avg
57.66
Biloxi Marsh Lands Corporation’s Current Ratio is less than Energy Revenue America, Inc. (0), greater than Crown Point Energy Inc. (0.32), less than Rodinia Oil Corp. (3.88), greater than Bri-Chem Corp. (1.41), greater than NuTech Energy Resources, Inc. (0), greater than United Energy Corp. (0.11), greater than Trillion Energy International Inc. (0.04), greater than Royale Energy, Inc. (0.39), greater than Bengal Energy Ltd. (1.95), greater than Okmin Resources, Inc. (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $5.98M | |
| 0.32 | $11.66M | |
| 3.88 | $10.74K | |
| 1.41 | $4.58M | |
| 0 | $1.28M | |
| 0.11 | $13.71M | |
| 0.04 | $3.35M | |
| 0.39 | $3.86M | |
| 1.95 | $5.06M | |
| 0.02 | $5.27M |
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