TCRRF
Price:
$0.045
Market Cap:
$159.83K
Terrace Energy Corp. does not have significant operations. Previously it was engaged in the acquisition, exploration, and development of conventional onshore oil and gas properties in the United States. The company was formerly known as Terrace Resources Inc. and changed its name to Terrace Energy Corp. in June 2011. Terrace Energy Corp. was incorporated in 2006 and is headquartered in The Woodlands, Texas.
Industry
Oil & Gas Exploration & Production
IPO Date
2014-05-29
Stock Exchange
OTC
Ticker
TCRRF
According to Terrace Energy Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 9.26. This represents a change of 96.94% compared to the average of 4.70 of the last 4 quarters.
The mean historical Current Ratio of Terrace Energy Corp. over the last ten years is 7.50. The current 9.26 Current Ratio has changed 12.25% with respect to the historical average. Over the past ten years (40 quarters), TCRRF's Current Ratio was at its highest in in the October 2022 quarter at 1.03K. The Current Ratio was at its lowest in in the January 2025 quarter at 0.
Average
7.50
Median
3.32
Minimum
0
Maximum
25.90
Discovering the peaks and valleys of Terrace Energy Corp. 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 = 5.63%
Maximum Annual Current Ratio = 25.90
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0 | -100.00% |
| 2024 | 18.64 | -28.05% |
| 2023 | 25.90 | 905.72% |
| 2022 | 2.58 | 5.63% |
| 2021 | 0.04 | -98.24% |
| 2020 | 2.55 | -76.63% |
| 2019 | 10.93 | 8.98% |
| 2018 | 10.03 | 146.80% |
| 2017 | 4.06 | 1.54% |
| 2016 | 0.25 | -96.24% |
The current Current Ratio of Terrace Energy Corp. (TCRRF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
14.85
5-year avg
9.43
10-year avg
7.50
Terrace Energy Corp.’s Current Ratio is greater than Escalera Resources Co. (0.27), greater than Puissant Industries, Inc. (0.02), greater than Petro River Oil Corp. (1.12), greater than Cheetah Oil & Gas, Ltd. (0.12), greater than Cross Border Resources, Inc. (1.23), greater than West Canyon Energy Corp. (0.02), greater than Supernova Energy, Inc. (0.01), greater than True North Energy Corp. (0.37), greater than FieldPoint Petroleum Corporation (0.27), greater than GSV, Inc. (0.34),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.27 | $1.43K | |
| 0.02 | $3.11K | |
| 1.12 | $364.00 | |
| 0.12 | $1.30K | |
| 1.23 | $1.73K | |
| 0.02 | $2.22K | |
| 0.01 | $2.18K | |
| 0.37 | $1.10K | |
| 0.27 | $1.07K | |
| 0.34 | $753.00 |
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