LGN.V
Price:
$0.84
Market Cap:
$500.37M
Logan Energy Corp. engages in the acquisition, exploration, and production of oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.
Industry
Oil & Gas Exploration & Production
IPO Date
2023-07-18
Stock Exchange
TSXV
Ticker
LGN.V
According to Logan Energy Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.50. This represents a change of 23.92% compared to the average of 0.40 of the last 4 quarters.
The mean historical Current Ratio of Logan Energy Corp. over the last ten years is 1.31. The current 0.50 Current Ratio has changed 3.70% with respect to the historical average. Over the past ten years (40 quarters), LGN.V's Current Ratio was at its highest in in the September 2023 quarter at 3.21. The Current Ratio was at its lowest in in the June 2022 quarter at 0.
Average
1.31
Median
1.03
Minimum
0.39
Maximum
2.51
Discovering the peaks and valleys of Logan 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 = 143.23%
Maximum Annual Current Ratio = 2.51
Minimum Annual Increase = -84.33%
Minimum Annual Current Ratio = 0.39
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.39 | -84.33% |
| 2023 | 2.51 | 143.23% |
The current Current Ratio of Logan Energy Corp. (LGN.V) 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
1.31
5-year avg
1.31
10-year avg
1.31
Logan Energy Corp.’s Current Ratio is less than Greenfire Resources Ltd. (2.82), greater than Saturn Oil & Gas Inc. (0.27), less than Obsidian Energy Ltd. (0.80), greater than Coelacanth Energy Inc. (0.12), less than Ensign Energy Services Inc. (0.78), less than PetroTal Corp. (2.36), less than Total Energy Services Inc. (1.56), less than Frontera Energy Corporation (0.90), less than Surge Energy Inc. (0.84), less than North American Construction Group Ltd. (0.94),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.82 | $489.69M | |
| 0.27 | $457.65M | |
| 0.80 | $588.61M | |
| 0.12 | $447.61M | |
| 0.78 | $461.83M | |
| 2.36 | $388.55M | |
| 1.56 | $522.59M | |
| 0.90 | $391.98M | |
| 0.84 | $704.91M | |
| 0.94 | $576.65M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Logan Energy Corp. (LGN.V)?
How does the current Current Ratio for Logan Energy Corp. (LGN.V) compare to its historical average?