Royalite Petroleum Company, Inc.

Royalite Petroleum Company, Inc.verified

RYPE

Price:

$0.0001

Market Cap:

$10.07K

Royalite Petroleum Company, Inc. engages in the identification, acquisition, and development of oil and gas projects in the United States. It holds interests in the Airport Leases, Louisiana Leases, the West Lake Boudreaux Prospect, and the Central Utah Hingeline Project. The company was incorporated in 1998 and is based in Austin, Texas. Royalite Petroleum Company, Inc. is a prior subsidiary of May Petroleum, Inc.

Industry

Oil & Gas Exploration & Production

IPO Date

2023-08-24

Stock Exchange

OTC

Ticker

RYPE

The Current Ratio as of December 2025 (TTM) for Royalite Petroleum Company, Inc. (RYPE) is 0.06

According to Royalite Petroleum Company, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of 91.12% compared to the average of 0.03 of the last 4 quarters.

Royalite Petroleum Company, Inc. (RYPE) Historical Current Ratio (quarterly & annually)

How has RYPE Current Ratio performed in the past?

The mean historical Current Ratio of Royalite Petroleum Company, Inc. over the last ten years is 0.41. The current 0.06 Current Ratio has changed 1.38% with respect to the historical average. Over the past ten years (40 quarters), RYPE's Current Ratio was at its highest in in the October 2006 quarter at 15.98. The Current Ratio was at its lowest in in the July 2008 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.41

Median

0.18

Minimum

0.04

Maximum

1.37

Royalite Petroleum Company, Inc. (RYPE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Royalite Petroleum Company, Inc. 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 = 546.31%

Maximum Annual Current Ratio = 1.37

Minimum Annual Increase = -94.69%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20080.06-94.69%
20071.15546.31%
20060.18-29.52%
20050.25-30.32%
20040.36141.20%
20030.15252.85%
20020.04-69.33%
20010.14-89.89%

Royalite Petroleum Company, Inc. (RYPE) Average Current Ratio

How has RYPE Current Ratio performed in the past?

The current Current Ratio of Royalite Petroleum Company, Inc. (RYPE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.46

5-year avg

0.40

10-year avg

0.41

Royalite Petroleum Company, Inc. (RYPE) Current Ratio vs. Peers

How is RYPE’s Current Ratio compared to its peers?

Royalite Petroleum Company, Inc.’s Current Ratio is greater than Liberty Energy Corp. (0.01), greater than Niko Resources Ltd. (0.00), greater than XXL Energy Corp. (0.01), less than Cal Dive International, Inc. (1.42), less than Cygnus Oil & Gas Corp. (0.84), less than Silver Star Energy, Inc. (0.17), less than Caspian Services, Inc. (0.10), less than Power Resource Exploration Inc (0.17), less than BPI Energy Holdings, Inc (0.09), less than Kbridge Energy Corp. (0.89),

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