DEEPENR.BO
Price:
$310.05
Market Cap:
$9.99B
Deep Energy Resources Limited, a diversified oil and gas company, provides air and gas compression, gas dehydration, work over, and drilling services in India. It is involved in the exploration and production of oil and gas, and coal bed methane. The company also offers high pressure air and gas compressors on charter hire basis. It serves exploration and production sector. The company was formerly known as Deep Industries Limited and changed its name to Deep Energy Resources Limited in September 2020. Deep Energy Resources Limited was incorporated in 1991 and is based in Ahmedabad, India.
Industry
Oil & Gas Equipment & Services
IPO Date
2006-09-26
Stock Exchange
BSE
Ticker
DEEPENR.BO
According to Deep Energy Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.83. This represents a change of 143.49% compared to the average of 0.34 of the last 4 quarters.
The mean historical Current Ratio of Deep Energy Resources Limited over the last ten years is 1.01. The current 0.83 Current Ratio has changed 8.12% with respect to the historical average. Over the past ten years (40 quarters), DEEPENR.BO's Current Ratio was at its highest in in the March 2019 quarter at 1.73. The Current Ratio was at its lowest in in the June 2018 quarter at 0.
Average
1.01
Median
0.86
Minimum
0.58
Maximum
1.78
Discovering the peaks and valleys of Deep Energy Resources 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 = 55.62%
Maximum Annual Current Ratio = 1.78
Minimum Annual Increase = -54.25%
Minimum Annual Current Ratio = 0.58
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.83 | 32.72% |
| 2023 | 0.63 | 7.56% |
| 2022 | 0.58 | -24.37% |
| 2021 | 0.77 | -2.49% |
| 2020 | 0.79 | -54.25% |
| 2019 | 1.73 | -2.90% |
| 2018 | 1.78 | 55.62% |
| 2017 | 1.14 | 27.94% |
| 2016 | 0.89 | -8.96% |
| 2015 | 0.98 | -16.34% |
The current Current Ratio of Deep Energy Resources Limited (DEEPENR.BO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.68
5-year avg
0.72
10-year avg
1.01
Deep Energy Resources Limited’s Current Ratio is greater than Selan Exploration Technology Limited (0), less than Dolphin Offshore Enterprises (India) Limited (8.70), greater than Indosolar Limited (0.81), less than Progrex Ventures Ltd. (69.79), greater than Mercator Ltd (0.14), less than Ujaas Energy Limited (2.59), greater than Euro Multivision Ltd (0.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $8.66B | |
| 8.70 | $4.64B | |
| 0.81 | $14.03B | |
| 69.79 | $87.80M | |
| 0.14 | $257.09M | |
| 2.59 | $675.98K | |
| 0.01 | $35.70M |
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What is the Current Ratio?
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What is Deep Energy Resources Limited's Current Ratio?
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What is the 5-year average Current Ratio for Deep Energy Resources Limited (DEEPENR.BO)?
How does the current Current Ratio for Deep Energy Resources Limited (DEEPENR.BO) compare to its historical average?