TRXEF
Price:
$0.5209
Market Cap:
$35.30M
Trinity Exploration & Production plc functions as an autonomous energy enterprise, primarily engaged in the discovery, advancement, extraction, and commercialization of crude oil within the nation of Trinidad & Tobago. The company oversees a comprehensive array of assets, encompassing operational fields, projects under active development, and exploratory prospects, situated both terrestrially and in the nearshore waters off Trinidad's western and eastern seaboards. By December 31, 2021, its total proved, probable, and contingent resources were estimated to be 66.95 million stock tank barrels. Established in 1996, the firm maintains its headquarters in Leeds, United Kingdom.
Industry
Oil & Gas Exploration & Production
IPO Date
2012-01-30
Stock Exchange
OTC
Ticker
TRXEF
According to Trinity Exploration & Production plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.44. This represents a change of 11.45% compared to the average of 1.30 of the last 4 quarters.
The mean historical Current Ratio of Trinity Exploration & Production plc over the last ten years is 1.71. The current 1.44 Current Ratio has changed 8.33% with respect to the historical average. Over the past ten years (40 quarters), TRXEF's Current Ratio was at its highest in in the December 2008 quarter at 129.17. The Current Ratio was at its lowest in in the January 2008 quarter at 0.
Average
1.71
Median
1.84
Minimum
0.30
Maximum
2.87
Discovering the peaks and valleys of Trinity Exploration & Production plc 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 = 437.60%
Maximum Annual Current Ratio = 2.87
Minimum Annual Increase = -51.26%
Minimum Annual Current Ratio = 0.30
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.44 | -29.08% |
| 2022 | 2.04 | -6.79% |
| 2021 | 2.18 | -21.68% |
| 2020 | 2.79 | 14.23% |
| 2019 | 2.44 | -15.03% |
| 2018 | 2.87 | 75.60% |
| 2017 | 1.64 | 437.60% |
| 2016 | 0.30 | -51.26% |
| 2015 | 0.62 | -22.29% |
| 2014 | 0.80 | -25.35% |
The current Current Ratio of Trinity Exploration & Production plc (TRXEF) 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
1.89
5-year avg
2.18
10-year avg
1.71
Trinity Exploration & Production plc’s Current Ratio is less than Perpetual Energy Inc. (1.57), greater than Molecular Energies PLC (0.50), less than 88 Energy Limited (29.11), less than Bakken Water Transfer Services, Inc. (1.70), less than Ratio Petroleum Energy - Limited Partnership (2.48), less than Greenvale Energy Ltd (8.32), greater than Canadian Overseas Petroleum Limited (0.48), less than Quadrise Fuels International plc (11.44), greater than Folkup Development Inc. (0.63), less than Abraxas Petroleum Corporation (1.76),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.57 | $20.99M | |
| 0.50 | $18.57M | |
| 29.11 | $19.67M | |
| 1.70 | $21.26M | |
| 2.48 | $30.27M | |
| 8.32 | $11.85M | |
| 0.48 | $14.91M | |
| 11.44 | $28.20M | |
| 0.63 | $22.80M | |
| 1.76 | $10.27M |
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What is the Current Ratio?
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