OKMN
Price:
$0.042
Market Cap:
$5.27M
Okmin Resources, Inc. engages in the acquisition, exploration, and development of oil and gas properties, mineral rights, and other natural resource assets. The company's projects are located in Oklahoma and Kansas. It holds interests in approximately 7,459 gross acres and 82 oil and gas wells. The company was incorporated in 2020 and is based in Encino, California.
Industry
Oil & Gas Integrated
IPO Date
2023-04-19
Stock Exchange
OTC
Ticker
OKMN
According to Okmin Resources, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -49.41% compared to the average of 0.05 of the last 4 quarters.
The mean historical Current Ratio of Okmin Resources, Inc. over the last ten years is 5.81. The current 0.02 Current Ratio has changed -60.46% with respect to the historical average. Over the past ten years (40 quarters), OKMN's Current Ratio was at its highest in in the March 2022 quarter at 6.93. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
5.81
Median
1.51
Minimum
0.02
Maximum
22.96
Discovering the peaks and valleys of Okmin Resources, 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 = 0%
Maximum Annual Current Ratio = 22.96
Minimum Annual Increase = -91.01%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.02 | -88.76% |
| 2024 | 0.14 | -91.01% |
| 2023 | 1.51 | -65.77% |
| 2022 | 4.41 | -80.81% |
The current Current Ratio of Okmin Resources, Inc. (OKMN) 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
0.55
5-year avg
5.81
10-year avg
5.81
Okmin Resources, Inc.’s Current Ratio is less than Columbine Valley Resources, Inc. (0.12), less than Mogul Energy International, Inc. (0.30), less than Tesla Exploration Ltd. (0.43), less than Grand Gulf Energy Limited (3.87), less than Westmount Energy Limited (3.39), less than CGrowth Capital, Inc. (0.46), greater than Central Natural Resources, Inc. (0), greater than Gordon Creek Energy Inc. (0.01), less than ERHC Energy Inc. (0.04), less than SDX Energy plc (1.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.12 | $1.75K | |
| 0.30 | $1.87M | |
| 0.43 | $2.27K | |
| 3.87 | $2.54M | |
| 3.39 | $4.32M | |
| 0.46 | $2.66M | |
| 0 | $2.44M | |
| 0.01 | $2.12K | |
| 0.04 | $23.04M | |
| 1.20 | $20.46K |
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