CONFIPET.NS
Price:
$90.02
Market Cap:
$29.91B
Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates in Cylinder and LPG divisions. The company is involved in the production and marketing of LPG and compressed natural gas cylinders. It also engages in the LPG marketing and bottling business, as well as logistic business. The company sells its products under the GO GAS brand. The company was formerly known as Devarsa Gas-Chem Ltd. and changed its name to Confidence Petroleum India Limited in February 2006. The company was founded in 1993 and is based in Nagpur, India.
Industry
Oil & Gas Refining & Marketing
IPO Date
2020-10-23
Stock Exchange
NSE
Ticker
CONFIPET.NS
According to Confidence Petroleum India Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 1.11 of the last 4 quarters.
The mean historical Current Ratio of Confidence Petroleum India Limited over the last ten years is 2.48. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), CONFIPET.NS's Current Ratio was at its highest in in the September 2020 quarter at 4.79. The Current Ratio was at its lowest in in the September 2016 quarter at 0.
Average
2.48
Median
2.09
Minimum
1.61
Maximum
3.92
Discovering the peaks and valleys of Confidence Petroleum India 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 = 83.32%
Maximum Annual Current Ratio = 3.92
Minimum Annual Increase = -47.21%
Minimum Annual Current Ratio = 1.61
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 2.16 | 12.11% |
| 2025 | 1.93 | -4.09% |
| 2024 | 2.01 | 10.06% |
| 2023 | 1.83 | -47.21% |
| 2022 | 3.46 | -11.83% |
| 2021 | 3.92 | 24.59% |
| 2020 | 3.15 | 6.58% |
| 2019 | 2.96 | 83.32% |
| 2018 | 1.61 | -9.23% |
| 2017 | 1.78 | -0.34% |
The current Current Ratio of Confidence Petroleum India Limited (CONFIPET.NS) 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
2.03
5-year avg
2.28
10-year avg
2.48
Confidence Petroleum India Limited’s Current Ratio is less than Gandhar Oil Refinery (India) Limited (0), less than Gandhar Oil Refinery (India) Limited (0), less than Panama Petrochem Limited (3.69), less than Panama Petrochem Limited (3.69), less than Asian Energy Services Limited (2.11), less than Asian Energy Services Limited (2.11), less than Ujaas Energy Limited (0), less than Jindal Drilling & Industries Limited (0), less than Jindal Drilling & Industries Limited (0), less than Likhitha Infrastructure Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $25.99B | |
| 0 | $26.32B | |
| 3.69 | $30.16B | |
| 3.69 | $29.94B | |
| 2.11 | $26.15B | |
| 2.11 | $25.92B | |
| 0 | $27.63B | |
| 0 | $19.54B | |
| 0 | $19.49B | |
| 0 | $8.78B |
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