GLV.AX
Price:
$0.045
Market Cap:
$26.01M
Global Oil & Gas Limited, together with its subsidiaries, engages in the identification, exploration, and development of energy and resource assets in Australia. It holds a 100% interest in the Exploration Permit 127 located in the Southern Georgina Basin, Northern Territory. The company was formerly known as Global Vanadium Limited and changed its name to Global Oil & Gas Limited in December 2019. The company was incorporated in 2005 and is headquartered in Subiaco, Australia.
Industry
Oil & Gas Exploration & Production
IPO Date
2005-05-25
Stock Exchange
ASX
Ticker
GLV.AX
According to Global Oil & Gas Limited’s latest financial reports and current stock price. The company's current Current Ratio is 17.46. This represents a change of 139.60% compared to the average of 7.29 of the last 4 quarters.
The mean historical Current Ratio of Global Oil & Gas Limited over the last ten years is 51.52. The current 17.46 Current Ratio has changed 3.29% with respect to the historical average. Over the past ten years (40 quarters), GLV.AX's Current Ratio was at its highest in in the June 2016 quarter at 310.86. The Current Ratio was at its lowest in in the January 2007 quarter at 0.
Average
51.52
Median
16.08
Minimum
1.85
Maximum
310.86
Discovering the peaks and valleys of Global Oil & Gas 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 = 1.87%
Maximum Annual Current Ratio = 310.86
Minimum Annual Increase = -94.44%
Minimum Annual Current Ratio = 1.85
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 17.46 | 432.46% |
| 2022 | 3.28 | -70.51% |
| 2021 | 11.12 | 127.19% |
| 2020 | 4.89 | -86.64% |
| 2019 | 36.63 | 1.87% |
| 2018 | 1.85 | -94.44% |
| 2017 | 33.34 | -89.27% |
| 2016 | 310.86 | 283.23% |
| 2015 | 81.12 | 452.03% |
| 2014 | 14.69 | -56.08% |
The current Current Ratio of Global Oil & Gas Limited (GLV.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
10.62
5-year avg
14.68
10-year avg
51.52
Global Oil & Gas Limited’s Current Ratio is greater than Armour Energy Limited (0.13), greater than Atrum Coal Limited (3.59), greater than Sacgasco Limited (0.58), greater than Calima Energy Limited (3.11), greater than Doriemus Plc (14.65), greater than Icon Energy Limited (0.24), greater than Black Mountain Energy Ltd (7.11), greater than Carbon Minerals Limited (3.85), less than TEK-Ocean Group Limited (0), greater than Octanex Limited (0.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.13 | $10.31M | |
| 3.59 | $18.57M | |
| 0.58 | $4.48M | |
| 3.11 | $5.57M | |
| 14.65 | $5.69M | |
| 0.24 | $5.21M | |
| 7.11 | $3.07M | |
| 3.85 | $5.83M | |
| 0 | $6.69M | |
| 0.38 | $1.55M |
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