Orbit Garant Drilling Inc.

Orbit Garant Drilling Inc. - Current Ratioverified

OBGRF

Price:

$1

Market Cap:

$53.06M

Orbit Garant Drilling Inc. offers specialized mineral drilling solutions to clients operating in Canada, the United States, South America, and West Africa. The company provides vital underground and surface diamond drilling services, assisting mining companies throughout the full spectrum of their operations, from initial mineral exploration and mine development to active production. Beyond this, Orbit Garant also delivers essential geotechnical and water drilling, serving a broad client base that includes mining and exploration enterprises, engineering and environmental consulting firms, and various government agencies. Additionally, the company is involved in the manufacturing and sale of ...[Read more]

Industry

Industrial Materials

IPO Date

2010-10-15

Stock Exchange

OTC

Ticker

OBGRF

The Current Ratio as of June 2026 (TTM) for Orbit Garant Drilling Inc. (OBGRF) is 2.24

According to Orbit Garant Drilling Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.24. This represents a change of -9.12% compared to the average of 2.47 of the last 4 quarters.

Orbit Garant Drilling Inc. (OBGRF) Historical Current Ratio (quarterly & annually)

How has OBGRF Current Ratio performed in the past?

The mean historical Current Ratio of Orbit Garant Drilling Inc. over the last ten years is 2.72. The current 2.24 Current Ratio has changed 8.15% with respect to the historical average. Over the past ten years (40 quarters), OBGRF's Current Ratio was at its highest in in the June 2016 quarter at 3.43. The Current Ratio was at its lowest in in the December 2020 quarter at 1.66.

Quarterly (TTM)
Annual

Average

2.72

Median

2.70

Minimum

1.89

Maximum

3.43

Orbit Garant Drilling Inc. (OBGRF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Orbit Garant Drilling Inc. 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 = 65.55%

Maximum Annual Current Ratio = 3.43

Minimum Annual Increase = -44.94%

Minimum Annual Current Ratio = 1.89

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.55-8.85%
20242.807.81%
20232.607.62%
20222.41-2.73%
20212.48-18.64%
20203.057.29%
20192.84-9.20%
20183.1365.55%
20171.89-44.94%
20163.43-24.41%

Orbit Garant Drilling Inc. (OBGRF) Average Current Ratio

How has OBGRF Current Ratio performed in the past?

The current Current Ratio of Orbit Garant Drilling Inc. (OBGRF) 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

2.65

5-year avg

2.57

10-year avg

2.72

Orbit Garant Drilling Inc. (OBGRF) Current Ratio vs. Peers

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

Orbit Garant Drilling Inc.’s Current Ratio is less than Kavango Resources Plc (4.25), less than Nevada King Gold Corp. (17.96), less than Zinnwald Lithium Plc (6.33), greater than Wesizwe Platinum Limited (0.70), greater than Nickel 28 Capital Corp. (1.13), greater than Sherritt International Corporation (0.96), greater than Focus Graphite Inc. (0.51), less than International Battery Metals Ltd. (4.89), greater than Lake Resources NL (1.30), less than Helium One Global Ltd (4.21),

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