COI.AX
Price:
$0.105
Market Cap:
$125.63M
Comet Ridge Limited, together with its subsidiaries, engages in the oil and gas exploration activities in Australia. The company's flagship asset includes Mahalo gas project covering an area of 989 square kilometers located in the Bowen Basin, Queensland. It holds 100% interests in the ATP 743, ATP 744, and ATP 1015 projects located in the Galilee Basin, Queensland; and Mahalo North, Mahalo East, and Mahalo Far East projects located in the Southern Bowen Basin, Queensland. The company also holds 29.6% interest in the PEL 6 and 59.09% interest in PEL 427 projects covering an area of 900 square kilometers located in the Gunnedah Basin, New South Wales. Comet Ridge Limited was incorporated in 2...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2004-04-19
Stock Exchange
ASX
Ticker
COI.AX
According to Comet Ridge Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.43. This represents a change of 1.49% compared to the average of 0.43 of the last 4 quarters.
The mean historical Current Ratio of Comet Ridge Limited over the last ten years is 2.24. The current 0.43 Current Ratio has changed 1.83% with respect to the historical average. Over the past ten years (40 quarters), COI.AX's Current Ratio was at its highest in in the June 2009 quarter at 14.94. The Current Ratio was at its lowest in in the January 2006 quarter at 0.
Average
2.24
Median
1.33
Minimum
0.17
Maximum
7.20
Discovering the peaks and valleys of Comet Ridge 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 = 125.19%
Maximum Annual Current Ratio = 7.20
Minimum Annual Increase = -94.96%
Minimum Annual Current Ratio = 0.17
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.43 | -14.76% |
| 2024 | 0.51 | 29.24% |
| 2023 | 0.39 | 125.19% |
| 2022 | 0.17 | -1.09% |
| 2021 | 0.18 | -94.96% |
| 2020 | 3.50 | -23.51% |
| 2019 | 4.58 | -36.41% |
| 2018 | 7.20 | 117.80% |
| 2017 | 3.30 | 53.51% |
| 2016 | 2.15 | -46.61% |
The current Current Ratio of Comet Ridge Limited (COI.AX) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.44
5-year avg
0.34
10-year avg
2.24
Comet Ridge Limited’s Current Ratio is less than Conrad Asia Energy Ltd. (5.30), greater than Renergen Limited (0.18), less than Carnarvon Energy Limited (41.25), less than Omega Oil & Gas Limited (16.85), less than Elevate Uranium Ltd (17.74), less than Finder Energy Holdings Limited (6.41), less than Kinetiko Energy Limited (3.04), greater than MC Mining Limited (0.24), less than Bathurst Resources Limited (5.16), less than Lakes Blue Energy NL (1.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 5.30 | $134.17M | |
| 0.18 | $120.26M | |
| 41.25 | $159.23M | |
| 16.85 | $129.34M | |
| 17.74 | $105.67M | |
| 6.41 | $141.83M | |
| 3.04 | $93.71M | |
| 0.24 | $165.98M | |
| 5.16 | $148.78M | |
| 1.21 | $104.96M |
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