Advantage Energy Ltd.

Advantage Energy Ltd.verified

AAV.TO

Price:

$9.19

Market Cap:

$1.53B

Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. The company focuses on the development and production of oil and natural gas resource that includes 228 net sections covering an area of 145,920 net acres of Doig/Montney rights in Glacier, Valhalla, Progress, and Pipestone/Wembley. It provides natural gas, oil, and natural gas liquids primarily through marketing companies. The company was formerly known as Advantage Oil & Gas Ltd. and changed its name to Advantage Energy Ltd. in May 2021. Advantage Energy Ltd. was founded in 2001 and is headquartered in Calgary,...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2009-10-29

Stock Exchange

TSX

Ticker

AAV.TO

The Current Ratio as of September 2024 (TTM) for Advantage Energy Ltd. (AAV.TO) is 0.76

According to Advantage Energy Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.76. This represents a change of -22.91% compared to the average of 0.98 of the last 4 quarters.

Advantage Energy Ltd. (AAV.TO) Historical Current Ratio (quarterly & annually)

How has AAV.TO Current Ratio performed in the past?

The mean historical Current Ratio of Advantage Energy Ltd. over the last ten years is 1.15. The current 0.76 Current Ratio has changed 6.48% with respect to the historical average. Over the past ten years (40 quarters), AAV.TO's Current Ratio was at its highest in in the March 2016 quarter at 2.93. The Current Ratio was at its lowest in in the September 2014 quarter at 0.15.

Quarterly (TTM)
Annual

Average

1.15

Median

1.06

Minimum

0.33

Maximum

2.29

Advantage Energy Ltd. (AAV.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Advantage Energy 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 = 585.84%

Maximum Annual Current Ratio = 2.29

Minimum Annual Increase = -73.90%

Minimum Annual Current Ratio = 0.33

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.25-24.66%
20221.6688.78%
20210.8823.18%
20200.710.32%
20190.71-58.42%
20181.7124.30%
20171.38129.69%
20160.60-73.90%
20152.29585.84%
20140.33-3.74%

Advantage Energy Ltd. (AAV.TO) Average Current Ratio

How has AAV.TO Current Ratio performed in the past?

The current Current Ratio of Advantage Energy Ltd. (AAV.TO) 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

1.26

5-year avg

1.04

10-year avg

1.15

Advantage Energy Ltd. (AAV.TO) Current Ratio vs. Peers

How is AAV.TO’s Current Ratio compared to its peers?

Advantage Energy Ltd.’s Current Ratio is less than Birchcliff Energy Ltd. (1.52), less than NuVista Energy Ltd. (0.90), greater than Crew Energy Inc. (0.69), greater than Kelt Exploration Ltd. (0.51), less than Peyto Exploration & Development Corp. (1.15),

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