PRMRF
Price:
$19.0665
Market Cap:
$3.80B
Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. The company's principal properties are the Montney and Duvernay developments located in Alberta and British Columbia. It also invests in public and private corporations. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.
Industry
Oil & Gas Exploration & Production
IPO Date
2008-06-25
Stock Exchange
OTC
Ticker
PRMRF
According to Paramount Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.14. This represents a change of 22.27% compared to the average of 2.56 of the last 4 quarters.
The mean historical Current Ratio of Paramount Resources Ltd. over the last ten years is 1.42. The current 3.14 Current Ratio has changed 21.93% with respect to the historical average. Over the past ten years (40 quarters), PRMRF's Current Ratio was at its highest in in the September 2016 quarter at 10.10. The Current Ratio was at its lowest in in the March 2018 quarter at 0.30.
Average
1.42
Median
0.77
Minimum
0.51
Maximum
3.90
Discovering the peaks and valleys of Paramount Resources 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 = 633.39%
Maximum Annual Current Ratio = 3.90
Minimum Annual Increase = -71.41%
Minimum Annual Current Ratio = 0.51
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.90 | 445.62% |
| 2023 | 0.71 | -60.15% |
| 2022 | 1.79 | 192.84% |
| 2021 | 0.61 | 15.73% |
| 2020 | 0.53 | -7.85% |
| 2019 | 0.57 | -29.64% |
| 2018 | 0.82 | -23.40% |
| 2017 | 1.06 | -71.41% |
| 2016 | 3.73 | 633.39% |
| 2015 | 0.51 | 120.53% |
The current Current Ratio of Paramount Resources Ltd. (PRMRF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.13
5-year avg
1.51
10-year avg
1.42
Paramount Resources Ltd.’s Current Ratio is greater than NuVista Energy Ltd. (1.38), greater than Athabasca Oil Corporation (2.34), greater than United Energy Group Limited (0.87), greater than Energean plc (0.51), greater than Rubis (1.40), less than Japan Petroleum Exploration Co., Ltd. (4.74), greater than Sempra (0.04), greater than HELLENiQ ENERGY Holdings S.A. (1.49), greater than Thai Oil Public Company Limited (1.52), greater than Friedrich Vorwerk Group SE (2.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.38 | $2.66B | |
| 2.34 | $2.79B | |
| 0.87 | $1.80B | |
| 0.51 | $2.35B | |
| 1.40 | $3.67B | |
| 4.74 | $2.27B | |
| 0.04 | $59.12B | |
| 1.49 | $2.75B | |
| 1.52 | $2.25B | |
| 2.05 | $1.87B |
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