Lakes Blue Energy NL

Lakes Blue Energy NLverified

LKOLF

Price:

$0.01

Market Cap:

$95.49M

Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties. It holds interests in petroleum and mineral exploration rights in Victoria, Queensland, and South Australia; Papua New Guinea; and the United States. The company was formerly known as Lakes Oil NL and changed its name to Lakes Blue Energy NL in March 2021. Lakes Blue Energy NL was incorporated in 1946 and is based in Sydney, Australia.

Industry

Oil & Gas Exploration & Production

IPO Date

2010-08-17

Stock Exchange

OTC

Ticker

LKOLF

The Current Ratio as of December 2025 (TTM) for Lakes Blue Energy NL (LKOLF) is 1.21

According to Lakes Blue Energy NL’s latest financial reports and current stock price. The company's current Current Ratio is 1.21. This represents a change of 35.99% compared to the average of 0.89 of the last 4 quarters.

Lakes Blue Energy NL (LKOLF) Historical Current Ratio (quarterly & annually)

How has LKOLF Current Ratio performed in the past?

The mean historical Current Ratio of Lakes Blue Energy NL over the last ten years is 1.02. The current 1.21 Current Ratio has changed 11.73% with respect to the historical average. Over the past ten years (40 quarters), LKOLF's Current Ratio was at its highest in in the June 2008 quarter at 21.30. The Current Ratio was at its lowest in in the December 2005 quarter at 0.

Quarterly (TTM)
Annual

Average

1.02

Median

0.89

Minimum

0.27

Maximum

3.34

Lakes Blue Energy NL (LKOLF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lakes Blue Energy NL 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 = 520.87%

Maximum Annual Current Ratio = 3.34

Minimum Annual Increase = -74.13%

Minimum Annual Current Ratio = 0.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.2119.38%
20241.0110.99%
20230.91184.05%
20220.32-54.66%
20210.71158.92%
20200.27-68.30%
20190.86-74.13%
20183.34520.87%
20170.54-48.49%
20161.04-53.02%

Lakes Blue Energy NL (LKOLF) Average Current Ratio

How has LKOLF Current Ratio performed in the past?

The current Current Ratio of Lakes Blue Energy NL (LKOLF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.05

5-year avg

0.83

10-year avg

1.02

Lakes Blue Energy NL (LKOLF) Current Ratio vs. Peers

How is LKOLF’s Current Ratio compared to its peers?

Lakes Blue Energy NL’s Current Ratio is less than Byron Energy Limited (1.74), greater than G2 Energy Corp. (0.03), greater than Eurogas International Inc. (0.00), less than Striker Oil & Gas, Inc. (0), less than Chord Energy Corporation (1.35), less than Earth Search Sciences, Inc. (0), less than Terra Energy Corp. (0), less than Barryroe Offshore Energy plc (1.54), greater than Canada Energy Partners Inc. (0.27), less than Groundstar Resources Limited (0),

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