SHLLF
Price:
$1.7
Market Cap:
$467.46M
Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, and West Africa. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells. It serves government owned or controlled energy companies, and publicly listed global integrated oil companies or independent exploration and production companies. As of December 31, 2021, it owned 30 independent-leg cantilever jack-up rigs. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates.
Industry
Oil & Gas Drilling
IPO Date
2020-06-24
Stock Exchange
OTC
Ticker
SHLLF
According to Shelf Drilling, Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.64. This represents a change of 7.10% compared to the average of 1.53 of the last 4 quarters.
The mean historical Current Ratio of Shelf Drilling, Ltd. over the last ten years is 2.11. The current 1.64 Current Ratio has changed 7.69% with respect to the historical average. Over the past ten years (40 quarters), SHLLF's Current Ratio was at its highest in in the September 2022 quarter at 4.74. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
2.11
Median
2.12
Minimum
1.34
Maximum
3.21
Discovering the peaks and valleys of Shelf Drilling, 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 = 54.58%
Maximum Annual Current Ratio = 3.21
Minimum Annual Increase = -52.73%
Minimum Annual Current Ratio = 1.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.41 | 5.38% |
| 2023 | 1.34 | -31.82% |
| 2022 | 1.96 | -28.62% |
| 2021 | 2.75 | 20.45% |
| 2020 | 2.28 | 39.81% |
| 2019 | 1.63 | -30.48% |
| 2018 | 2.35 | 54.58% |
| 2017 | 1.52 | -52.73% |
| 2016 | 3.21 | 22.74% |
| 2015 | 2.62 | 49.67% |
The current Current Ratio of Shelf Drilling, Ltd. (SHLLF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.57
5-year avg
1.95
10-year avg
2.11
Shelf Drilling, Ltd.’s Current Ratio is greater than China Aviation Oil (Singapore) Corporation Ltd (1.62), less than SBO AG (3.63), greater than Surge Energy Inc. (0.84), less than PetroTal Corp. (2.36), less than ShaMaran Petroleum Corp. (3.79), greater than Anton Oilfield Services Group (1.23), greater than Tenaz Energy Corp. (1.28), greater than Pantheon Resources Plc (0.96), less than Karoon Energy Ltd (1.82), greater than Gulf Keystone Petroleum Limited (1.28),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.62 | $997.81M | |
| 3.63 | $481.61M | |
| 0.84 | $540.57M | |
| 2.36 | $269.30M | |
| 3.79 | $530.81M | |
| 1.23 | $277.53M | |
| 1.28 | $467.44M | |
| 0.96 | $388.27M | |
| 1.82 | $340.49M | |
| 1.28 | $494.32M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Shelf Drilling, Ltd. (SHLLF)?
How does the current Current Ratio for Shelf Drilling, Ltd. (SHLLF) compare to its historical average?