CSPUF
Price:
$0.01
Market Cap:
$3.98M
Canadian Spirit Resources Inc., a natural resources company, focuses on the identification and development of opportunities in the unconventional natural gas sector in Canada. It primarily develops the Montney Formation natural gas and natural gas liquids resource play in the Farrell Creek/Altares area of northeastern British Columbia. The company was formerly known as Spirit Energy Corp. and changed its name to Canadian Spirit Resources Inc. in June 2004. Canadian Spirit Resources Inc. was incorporated in 1987 and is headquartered in Calgary, Canada. Canadian Spirit Resources Inc. is a subsidiary of Elmag Investments Inc.
Industry
Oil & Gas Exploration & Production
IPO Date
2001-06-26
Stock Exchange
OTC
Ticker
CSPUF
According to Canadian Spirit Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 13.10. This represents a change of -1.55% compared to the average of 13.30 of the last 4 quarters.
The mean historical Current Ratio of Canadian Spirit Resources Inc. over the last ten years is 8.13. The current 13.10 Current Ratio has changed 16.02% with respect to the historical average. Over the past ten years (40 quarters), CSPUF's Current Ratio was at its highest in in the December 2018 quarter at 19.87. The Current Ratio was at its lowest in in the September 2020 quarter at 0.50.
Average
8.13
Median
6.43
Minimum
1.36
Maximum
19.87
Discovering the peaks and valleys of Canadian Spirit 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 = 829.70%
Maximum Annual Current Ratio = 19.87
Minimum Annual Increase = -75.26%
Minimum Annual Current Ratio = 1.36
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 12.35 | 809.27% |
| 2022 | 1.36 | -55.36% |
| 2021 | 3.04 | 100.67% |
| 2020 | 1.52 | -75.26% |
| 2019 | 6.13 | -69.16% |
| 2018 | 19.87 | 129.67% |
| 2017 | 8.65 | 133.14% |
| 2016 | 3.71 | -44.86% |
| 2015 | 6.73 | -62.43% |
| 2014 | 17.91 | 829.70% |
The current Current Ratio of Canadian Spirit Resources Inc. (CSPUF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.58
5-year avg
4.88
10-year avg
8.13
Canadian Spirit Resources Inc.’s Current Ratio is greater than Hillcrest Energy Technologies Ltd. (0.05), greater than Blue Energy Limited (1.32), greater than Provaris Energy Ltd (0.93), greater than Petroteq Energy Inc. (0.40), greater than Buru Energy Limited (1.73), greater than Petrolympic Ltd. (0.04), greater than New Zealand Energy Corp. (0.35), greater than Universal Energy Corp. (0.13), greater than GCM Resources Plc (0.73), less than Carcetti Capital Corp. (21.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.05 | $8.40M | |
| 1.32 | $6.17M | |
| 0.93 | $1.13M | |
| 0.40 | $79.70K | |
| 1.73 | $7.81M | |
| 0.04 | $11.35M | |
| 0.35 | $6.80M | |
| 0.13 | $4.04M | |
| 0.73 | $13.45M | |
| 21.77 | $36.02M |
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