MEN.L
Molecular Energies PLC, together with its subsidiaries, engages in the exploration, evaluation, development, and production of oil and gas properties primarily in South America. The company holds exploration assets in Paraguay, Argentina, and the United States. It is also involved in the exploration, production, and sale of hydrocarbons and related activities. The company was formerly known as President Energy Plc and changed its name to Molecular Energies PLC in October 2022. Molecular Energies PLC was incorporated in 2004 and is headquartered in Leeds, the United Kingdom.
Industry
Oil & Gas Exploration & Production
IPO Date
2004-07-20
Stock Exchange
LSE
Ticker
MEN.L
According to Molecular Energies PLC’s latest financial reports and current stock price. The company's current Current Ratio is 0.50. This represents a change of 5.46% compared to the average of 0.48 of the last 4 quarters.
The mean historical Current Ratio of Molecular Energies PLC over the last ten years is 0.74. The current 0.50 Current Ratio has changed 6.72% with respect to the historical average. Over the past ten years (40 quarters), MEN.L's Current Ratio was at its highest in in the December 2006 quarter at 12.10. The Current Ratio was at its lowest in in the December 2019 quarter at 0.27.
Average
0.74
Median
0.61
Minimum
0.27
Maximum
2.06
Discovering the peaks and valleys of Molecular Energies PLC 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 = 232.40%
Maximum Annual Current Ratio = 2.06
Minimum Annual Increase = -65.09%
Minimum Annual Current Ratio = 0.27
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 0.50 | -19.39% |
| 2021 | 0.62 | 4.83% |
| 2020 | 0.59 | 118.26% |
| 2019 | 0.27 | -40.98% |
| 2018 | 0.46 | -30.44% |
| 2017 | 0.66 | -40.53% |
| 2016 | 1.12 | 232.40% |
| 2015 | 0.34 | -54.27% |
| 2014 | 0.73 | -64.37% |
| 2013 | 2.06 | -65.09% |
The current Current Ratio of Molecular Energies PLC (MEN.L) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.57
5-year avg
0.49
10-year avg
0.74
Molecular Energies PLC’s Current Ratio is greater than ADM Energy plc (0.01), greater than Echo Energy plc (0.17), greater than Lansdowne Oil & Gas plc (0.03), greater than Kibo Energy PLC (0.06), greater than PetroNeft Resources plc (0.45), less than Beacon Energy plc (1.09), less than Argos Resources Ltd (6.43), less than SDX Energy plc (1.20), less than Verditek PLC (2.34), greater than Curzon Energy Plc (0.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.01 | N/A | |
| 0.17 | N/A | |
| 0.03 | N/A | |
| 0.06 | N/A | |
| 0.45 | N/A | |
| 1.09 | N/A | |
| 6.43 | N/A | |
| 1.20 | N/A | |
| 2.34 | N/A | |
| 0.01 | N/A |
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