NZO.AX
Price:
$0.39
Market Cap:
$100.32M
New Zealand Oil & Gas Limited engages in the production, exploration, evaluation, and appraisal of oil and gas properties. It operates through Kupe Oil and Gas Field (Kupe); Amadeus Basin Oil & Gas Fields; Oil & Gas Exploration; and Cue Energy Resources Limited segments. The company develops, produces, and sells natural gas, liquefied petroleum gas, and condensate. Its principal producing asset is the Kupe gas and light oil/condensate field located in Taranaki, New Zealand. The company also holds an interest in the Sampang PSC with two producing fields, including Oyong oil and gas field, and Wortel gas field situated in the Madura Straight offshore Madura Island in East Java, Indonesia; and ...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2020-02-17
Stock Exchange
ASX
Ticker
NZO.AX
According to New Zealand Oil & Gas Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.92. This represents a change of 11.05% compared to the average of 2.63 of the last 4 quarters.
The mean historical Current Ratio of New Zealand Oil & Gas Limited over the last ten years is 7.46. The current 2.92 Current Ratio has changed 3.81% with respect to the historical average. Over the past ten years (40 quarters), NZO.AX's Current Ratio was at its highest in in the June 2005 quarter at 17.21. The Current Ratio was at its lowest in in the December 2004 quarter at 0.
Average
7.46
Median
6.79
Minimum
1.69
Maximum
15.28
Discovering the peaks and valleys of New Zealand Oil & Gas 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 = 178.82%
Maximum Annual Current Ratio = 15.28
Minimum Annual Increase = -79.86%
Minimum Annual Current Ratio = 1.69
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.92 | -3.37% |
| 2023 | 3.02 | 78.51% |
| 2022 | 1.69 | -79.86% |
| 2021 | 8.40 | -43.75% |
| 2020 | 14.94 | 32.31% |
| 2019 | 11.29 | 39.46% |
| 2018 | 8.10 | -47.01% |
| 2017 | 15.28 | 178.82% |
| 2016 | 5.48 | 57.28% |
| 2015 | 3.48 | -33.42% |
The current Current Ratio of New Zealand Oil & Gas Limited (NZO.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.54
5-year avg
6.20
10-year avg
7.46
New Zealand Oil & Gas Limited’s Current Ratio is less than Talon Energy Ltd. (6.75), greater than Byron Energy Limited (1.74), less than Global Oil & Gas Limited (17.46), greater than Armour Energy Limited (0.13), less than 92 Energy Limited (13.45), less than Black Mountain Energy Ltd (7.11), less than Doriemus Plc (14.65), less than Calima Energy Limited (3.11), greater than Octanex Limited (0.38), greater than Sacgasco Limited (0.58),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.75 | $93.39M | |
| 1.74 | $57.18M | |
| 17.46 | $26.01M | |
| 0.13 | $10.31M | |
| 13.45 | $54.72M | |
| 7.11 | $3.07M | |
| 14.65 | $5.69M | |
| 3.11 | $5.57M | |
| 0.38 | $1.55M | |
| 0.58 | $4.48M |
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