RECAF
Price:
$0.8
Market Cap:
$428.14M
Reconnaissance Energy Africa Ltd. (RECAF) is an emerging upstream oil and gas company, dedicated to the exploration and development of hydrocarbon potential across Namibia and Botswana. The company holds a 90% interest in a substantial petroleum exploration license in Namibia, encompassing approximately 25,341.33 square kilometers. Additionally, RECAF possesses a full 100% working interest in a separate petroleum license, which extends over 8,990 square kilometers in northwestern Botswana. Its corporate headquarters are situated in Vancouver, Canada.
Industry
Oil & Gas Exploration & Production
IPO Date
2002-02-12
Stock Exchange
OTC
Ticker
RECAF
According to Reconnaissance Energy Africa Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 10.74. This represents a change of 78.84% compared to the average of 6.01 of the last 4 quarters.
The mean historical Current Ratio of Reconnaissance Energy Africa Ltd. over the last ten years is 2.43. The current 10.74 Current Ratio has changed 44.16% with respect to the historical average. Over the past ten years (40 quarters), RECAF's Current Ratio was at its highest in in the June 2021 quarter at 29.35. The Current Ratio was at its lowest in in the March 2019 quarter at 0.05.
Average
2.43
Median
1.81
Minimum
0.67
Maximum
5.17
Discovering the peaks and valleys of Reconnaissance Energy Africa 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 = 595.88%
Maximum Annual Current Ratio = 5.17
Minimum Annual Increase = -61.82%
Minimum Annual Current Ratio = 0.67
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.84 | -61.82% |
| 2024 | 4.81 | 595.88% |
| 2024 | 0.69 | 2.86% |
| 2023 | 0.67 | -56.47% |
| 2021 | 1.54 | -57.20% |
| 2020 | 3.61 | -30.24% |
| 2019 | 5.17 | 202.87% |
| 2019 | 1.71 | -4.31% |
| 2018 | 1.78 | -26.90% |
| 2017 | 2.44 | -3.46% |
The current Current Ratio of Reconnaissance Energy Africa Ltd. (RECAF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.45
5-year avg
1.91
10-year avg
2.43
Reconnaissance Energy Africa Ltd.’s Current Ratio is greater than Tethys Petroleum Limited (0.98), greater than Borders & Southern Petroleum plc (3.14), less than Carnarvon Energy Limited (136.78), greater than Aminex PLC (0.63), greater than Zephyr Energy plc (0.28), greater than Questerre Energy Corporation (0.51), greater than Capricorn Energy PLC (2.44), less than Enwell Energy plc (41.70), greater than Bonterra Energy Corp. (0.56), greater than Orrön Energy AB (publ) (4.46),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.98 | $106.99M | |
| 3.14 | $158.55M | |
| 136.78 | $161.02M | |
| 0.63 | $67.13M | |
| 0.28 | $88.23M | |
| 0.51 | $90.44M | |
| 2.44 | $309.00M | |
| 41.70 | $78.56M | |
| 0.56 | $158.46M | |
| 4.46 | $251.60M |
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