PESAF
Price:
$3.65
Market Cap:
$428.70M
Panoro Energy ASA functions as an autonomous firm specializing in the discovery, development, and extraction of oil and gas within the African continent. The company possesses key holdings and operations across several African nations, including Equatorial Guinea, Gabon, Tunisia, South Africa, and Nigeria. According to figures as of December 31, 2021, its reserve base, encompassing the Tortue, Ruche, Ruche Northeast, and Hibiscus fields, included 71.5 million barrels of oil (MMbbls) categorized as 1P reserves, 99.7 MMbbls as 2P reserves, and 131.3 MMbbls as 3P reserves. Established in 2009, Panoro Energy ASA maintains its corporate headquarters in London, United Kingdom.
Industry
Oil & Gas Exploration & Production
IPO Date
2012-09-25
Stock Exchange
OTC
Ticker
PESAF
According to Panoro Energy ASA’s latest financial reports and current stock price. The company's current Current Ratio is 2.43. This represents a change of 25.43% compared to the average of 1.94 of the last 4 quarters.
The mean historical Current Ratio of Panoro Energy ASA over the last ten years is 1.69. The current 2.43 Current Ratio has changed 14.26% with respect to the historical average. Over the past ten years (40 quarters), PESAF's Current Ratio was at its highest in in the June 2016 quarter at 10.77. The Current Ratio was at its lowest in in the March 2017 quarter at 0.73.
Average
1.69
Median
1.50
Minimum
0.95
Maximum
3.01
Discovering the peaks and valleys of Panoro Energy ASA 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 = 155.63%
Maximum Annual Current Ratio = 3.01
Minimum Annual Increase = -83.50%
Minimum Annual Current Ratio = 0.95
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.37 | -43.59% |
| 2024 | 2.43 | 155.63% |
| 2023 | 0.95 | -27.62% |
| 2022 | 1.32 | -14.79% |
| 2021 | 1.54 | 5.71% |
| 2020 | 1.46 | -20.48% |
| 2019 | 1.84 | 17.29% |
| 2018 | 1.57 | 8.46% |
| 2017 | 1.44 | -52.10% |
| 2016 | 3.01 | -83.50% |
The current Current Ratio of Panoro Energy ASA (PESAF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.59
5-year avg
1.52
10-year avg
1.69
Panoro Energy ASA’s Current Ratio is less than Genel Energy plc (2.70), greater than Tullow Oil plc (0.52), greater than InPlay Oil Corp. (0.82), greater than PHX Energy Services Corp. (1.92), greater than Frontera Energy Corporation (1.31), greater than Tullow Oil plc (0.52), greater than PT Energi Mega Persada Tbk (0.57), greater than EnQuest PLC (0.72), less than Zion Oil & Gas, Inc. (5.44), greater than Alvopetro Energy Ltd. (1.68),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.70 | $195.60M | |
| 0.52 | $318.15M | |
| 0.82 | $330.60M | |
| 1.92 | $365.24M | |
| 1.31 | $795.03M | |
| 0.52 | $272.70M | |
| 0.57 | $1.95B | |
| 0.72 | $707.21M | |
| 5.44 | $651.08M | |
| 1.68 | $240.80M |
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What is the Current Ratio?
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How does the current Current Ratio for Panoro Energy ASA (PESAF) compare to its historical average?