Prominence Energy Ltd

Prominence Energy Ltdverified

PRM.AX

Price:

$0.004

Market Cap:

$1.66M

Prominence Energy Ltd engages in the exploration, development, and production of oil and gas projects in Australia and the United States. It holds a 100% working interest in Bowsprit oil project comprising 635 net acres located in the Breton sound area of Louisiana; and 12.5% interest in exploration permit WA-519-P located on the Northwest Shelf, Australia. The company was formerly known as Sun Resources NL and changed its name to Prominence Energy NL in December 2019. Prominence Energy Ltd was incorporated in 1986 and is headquartered in West Perth, Australia.

Industry

Oil & Gas Exploration & Production

IPO Date

1988-01-28

Stock Exchange

ASX

Ticker

PRM.AX

The Current Ratio as of December 2025 (TTM) for Prominence Energy Ltd (PRM.AX) is 4.18

According to Prominence Energy Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 4.18. This represents a change of 72.00% compared to the average of 2.43 of the last 4 quarters.

Prominence Energy Ltd (PRM.AX) Historical Current Ratio (quarterly & annually)

How has PRM.AX Current Ratio performed in the past?

The mean historical Current Ratio of Prominence Energy Ltd over the last ten years is 1.44. The current 4.18 Current Ratio has changed 28.95% with respect to the historical average. Over the past ten years (40 quarters), PRM.AX's Current Ratio was at its highest in in the June 2006 quarter at 106.00. The Current Ratio was at its lowest in in the January 2006 quarter at 0.

Quarterly (TTM)
Annual

Average

1.44

Median

0.76

Minimum

0.03

Maximum

4.18

Prominence Energy Ltd (PRM.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Prominence Energy Ltd 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 = 8.30%

Maximum Annual Current Ratio = 4.18

Minimum Annual Increase = -71.22%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20254.1859.60%
20242.62112.03%
20231.24-65.96%
20223.6372.75%
20212.108.30%
20200.03-51.99%
20190.05-42.94%
20180.09-47.78%
20170.17-37.80%
20160.28-71.22%

Prominence Energy Ltd (PRM.AX) Average Current Ratio

How has PRM.AX Current Ratio performed in the past?

The current Current Ratio of Prominence Energy Ltd (PRM.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.68

5-year avg

2.76

10-year avg

1.44

Prominence Energy Ltd (PRM.AX) Current Ratio vs. Peers

How is PRM.AX’s Current Ratio compared to its peers?

Prominence Energy Ltd’s Current Ratio is greater than Key Petroleum Limited (0.19), greater than Sagalio Energy Limited (0.01), greater than Winchester Energy Limited (0.90), greater than Whitebark Energy Limited (0.83), greater than MPR Australia Limited (0.76), greater than Metgasco Limited (0.27), less than Stonehorse Energy Limited (38.91), greater than Grand Gulf Energy Limited (3.87), greater than Bounty Oil & Gas NL (0.31), less than Xstate Resources Limited (6.30),

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