IPB.AX
Price:
$0.007
Market Cap:
$5.03M
IPB Petroleum Limited explores for oil and gas properties in Australia. The company holds a 100% interest in the WA-424-P located in the Browse Basin offshore north Western Australia. IPB Petroleum Limited was incorporated in 2009 and is based in Melbourne, Australia.
Industry
Oil & Gas Exploration & Production
IPO Date
2013-04-30
Stock Exchange
ASX
Ticker
IPB.AX
According to IPB Petroleum Limited’s latest financial reports and current stock price. The company's current Current Ratio is 25.27. This represents a change of 8.04% compared to the average of 23.39 of the last 4 quarters.
The mean historical Current Ratio of IPB Petroleum Limited over the last ten years is 11.70. The current 25.27 Current Ratio has changed 21.49% with respect to the historical average. Over the past ten years (40 quarters), IPB.AX's Current Ratio was at its highest in in the December 2015 quarter at 63.63. The Current Ratio was at its lowest in in the June 2020 quarter at 1.14.
Average
11.70
Median
9.24
Minimum
1.14
Maximum
25.27
Discovering the peaks and valleys of IPB Petroleum 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 = 266.41%
Maximum Annual Current Ratio = 25.27
Minimum Annual Increase = -87.09%
Minimum Annual Current Ratio = 1.14
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 25.27 | 4.20% |
| 2024 | 24.25 | 25.36% |
| 2023 | 19.35 | 193.89% |
| 2022 | 6.58 | 266.41% |
| 2021 | 1.80 | 58.12% |
| 2020 | 1.14 | -87.09% |
| 2019 | 8.80 | 224.75% |
| 2018 | 2.71 | -71.98% |
| 2017 | 9.67 | -44.58% |
| 2016 | 17.46 | 27.09% |
The current Current Ratio of IPB Petroleum Limited (IPB.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
22.96
5-year avg
15.45
10-year avg
11.70
IPB Petroleum Limited’s Current Ratio is greater than AXP Energy Limited (2.45), greater than Whitebark Energy Limited (0.83), greater than Galilee Energy Limited (5.12), greater than QEM Limited (5.16), greater than Grand Gulf Energy Limited (3.87), greater than Bounty Oil & Gas NL (0.31), less than Stonehorse Energy Limited (38.91), greater than Xstate Resources Limited (6.30), greater than Metgasco Limited (0.27), greater than Triangle Energy (Global) Limited (0.42),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.45 | $4.70M | |
| 0.83 | $5.63M | |
| 5.12 | $5.37M | |
| 5.16 | $3.55M | |
| 3.87 | $2.82M | |
| 0.31 | $4.68M | |
| 38.91 | $4.79M | |
| 6.30 | $2.49M | |
| 0.27 | $1.03M | |
| 0.42 | $6.60M |
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