PSE.OL
Price:
$4.62
Market Cap:
$27.03M
Petrolia SE, together with its subsidiaries, operates as a rental equipment company for the oil industry in Norway, rest of Europe, Asia, Australia, and internationally. It operates in two segments, Exploration & Production, and Oil Service. The company engages in the sale and rental of drilling equipment; and rental of land rigs. It rents drilling equipment, such as drill pipes, test strings and tubing, and other equipment, as well as casing, handling, and auxiliary tools. The company also provides equipment inspection and maintenance services. In addition, it offers casing and tubing running, drilling, and make and brake services. It serves oil companies, drilling contractors, and oil serv...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2000-01-03
Stock Exchange
OSL
Ticker
PSE.OL
According to Petrolia SE’s latest financial reports and current stock price. The company's current Current Ratio is 2.66. This represents a change of 2.36% compared to the average of 2.60 of the last 4 quarters.
The mean historical Current Ratio of Petrolia SE over the last ten years is 1.93. The current 2.66 Current Ratio has changed 13.66% with respect to the historical average. Over the past ten years (40 quarters), PSE.OL's Current Ratio was at its highest in in the June 2015 quarter at 2.69. The Current Ratio was at its lowest in in the March 2012 quarter at 0.96.
Average
1.93
Median
1.91
Minimum
1.53
Maximum
2.54
Discovering the peaks and valleys of Petrolia SE 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 = 45.09%
Maximum Annual Current Ratio = 2.54
Minimum Annual Increase = -18.91%
Minimum Annual Current Ratio = 1.53
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.54 | 17.72% |
| 2023 | 2.16 | -3.90% |
| 2022 | 2.25 | 45.09% |
| 2021 | 1.55 | -18.91% |
| 2020 | 1.91 | 25.19% |
| 2019 | 1.53 | -13.90% |
| 2018 | 1.77 | 3.84% |
| 2017 | 1.71 | -15.32% |
| 2016 | 2.01 | 5.80% |
| 2015 | 1.90 | 26.55% |
The current Current Ratio of Petrolia SE (PSE.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.32
5-year avg
2.08
10-year avg
1.93
Petrolia SE’s Current Ratio is greater than Dolphin Drilling AS (0.82), less than Electromagnetic Geoservices ASA (2.93), less than Hunter Group ASA (11.74), greater than Zenith Energy Ltd. (1.31), greater than Interoil Exploration and Production ASA (0.38), greater than Eidesvik Offshore ASA (1.27), greater than Prosafe SE (0.19), greater than NorAm Drilling AS (1.98), less than S.D. Standard ETC Plc (119.91),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.82 | $326.32M | |
| 2.93 | $35.36M | |
| 11.74 | $269.34M | |
| 1.31 | $170.15M | |
| 0.38 | $20.54M | |
| 1.27 | $897.69M | |
| 0.19 | $1.36B | |
| 1.98 | $1.43B | |
| 119.91 | $970.29M |
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What is the Current Ratio?
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What is Petrolia SE's Current Ratio?
How is the Current Ratio calculated for Petrolia SE (PSE.OL)?
What is the highest Current Ratio for Petrolia SE (PSE.OL)?
What is the 3-year average Current Ratio for Petrolia SE (PSE.OL)?
What is the 5-year average Current Ratio for Petrolia SE (PSE.OL)?
How does the current Current Ratio for Petrolia SE (PSE.OL) compare to its historical average?