OILCF
Price:
$1.7
Market Cap:
$1.56M
Permex Petroleum Corporation, a junior oil and gas company, engages in the acquisition, development, and production of oil and gas properties in the United States. The company holds interests in the Pittcock North property that covers an area of 320 acres, as well as the Pittcock South property that covers an area of 498 acres located on the Eastern Shelf of the Midland Basin; Mary Bullard property that covers an area of 241 acres located in Stonewall County; and Windy Jones property, which covers an area of 40 acres. It also holds interests in the West Henshaw property, which covers an area of 1,880 acres located in Eddy County, New Mexico; Oxy Yates property that covers an area of 680 acre...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2018-09-20
Stock Exchange
OTC
Ticker
OILCF
According to Permex Petroleum Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.23. This represents a change of 37.13% compared to the average of 0.17 of the last 4 quarters.
The mean historical Current Ratio of Permex Petroleum Corporation over the last ten years is 1.08. The current 0.23 Current Ratio has changed 1.99% with respect to the historical average. Over the past ten years (40 quarters), OILCF's Current Ratio was at its highest in in the March 2022 quarter at 9.77. The Current Ratio was at its lowest in in the December 2017 quarter at 0.
Average
1.08
Median
0.37
Minimum
0.06
Maximum
4.23
Discovering the peaks and valleys of Permex Petroleum Corporation 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 = 1.32%
Maximum Annual Current Ratio = 4.23
Minimum Annual Increase = -97.19%
Minimum Annual Current Ratio = 0.06
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.23 | 264.29% |
| 2023 | 0.06 | -97.19% |
| 2022 | 2.20 | 1.32% |
| 2021 | 0.15 | -85.72% |
| 2020 | 1.08 | 434.86% |
| 2019 | 0.20 | -60.79% |
| 2018 | 0.52 | -87.77% |
The current Current Ratio of Permex Petroleum Corporation (OILCF) 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
0.83
5-year avg
0.75
10-year avg
1.08
Permex Petroleum Corporation’s Current Ratio is less than Porto Energy Corp. (1.62), greater than FEC Resources Inc. (0.01), greater than EGPI Firecreek, Inc. (0), greater than MMEX Resources Corporation (0.00), greater than Royal Helium Ltd. (0.16), less than MDM Permian, Inc. (0.25), greater than Southern Realty Co. (0), greater than PetroGas Company (0), less than Winchester Energy Limited (0.90), greater than ERHC Energy Inc. (0.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.62 | $19.89K | |
| 0.01 | $1.98M | |
| 0 | $1.90M | |
| 0.00 | $2.23M | |
| 0.16 | $2.50M | |
| 0.25 | $1.61M | |
| 0 | $2.01M | |
| 0 | $1.36M | |
| 0.90 | $1.78M | |
| 0.04 | $27.64M |
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