GTGEF
Price:
$0.07
Market Cap:
$520.92K
G2 Energy Corp. focuses on developing opportunities in the energy sector. It has an option to acquire 100% interest in 30 operated producing oil wells located in Cochran County, Texas. The company was formerly known as G2 Technologies Corp. and changed its name to G2 Energy Corp. in June 2022. G2 Energy Corp. is based in Vancouver, Canada.
Industry
Oil & Gas Exploration & Production
IPO Date
2018-04-16
Stock Exchange
OTC
Ticker
GTGEF
According to G2 Energy Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -38.74% compared to the average of 0.06 of the last 4 quarters.
The mean historical Current Ratio of G2 Energy Corp. over the last ten years is 0.73. The current 0.03 Current Ratio has changed 375.66% with respect to the historical average. Over the past ten years (40 quarters), GTGEF's Current Ratio was at its highest in in the March 2021 quarter at 4.12. The Current Ratio was at its lowest in in the September 2015 quarter at 0.
Average
0.73
Median
0.46
Minimum
0.03
Maximum
2.01
Discovering the peaks and valleys of G2 Energy Corp. 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 = 1.61%
Maximum Annual Current Ratio = 2.01
Minimum Annual Increase = -92.37%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.03 | -92.37% |
| 2022 | 0.46 | -66.95% |
| 2021 | 1.38 | 1.61% |
| 2020 | 0.08 | -74.48% |
| 2019 | 0.32 | -74.71% |
| 2018 | 1.25 | -37.92% |
| 2017 | 2.01 | 136.89% |
| 2016 | 0.85 | 310.00% |
The current Current Ratio of G2 Energy Corp. (GTGEF) 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
0.62
5-year avg
0.45
10-year avg
0.73
G2 Energy Corp.’s Current Ratio is less than Dunes Exploration Ltd. (0), less than Baron Energy, Inc. (0.05), greater than Victory Oilfield Tech, Inc. (0.02), less than Montana Exploration Corp. (0.15), less than Key Petroleum Limited (0.19), less than ABCO Energy, Inc. (0.31), less than Summus Solutions N.V. (0.04), greater than Fortem Resources Inc. (0.03), less than ATP Oil & Gas Corp. (0.35), less than Index Oil and Gas Inc. (0.64),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $40.77K | |
| 0.05 | $47.78K | |
| 0.02 | $212.28K | |
| 0.15 | $27.21K | |
| 0.19 | $781.42K | |
| 0.31 | $26.05K | |
| 0.04 | $14.32K | |
| 0.03 | $12.26K | |
| 0.35 | $10.27K | |
| 0.64 | $50.16K |
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How does the current Current Ratio for G2 Energy Corp. (GTGEF) compare to its historical average?