Aker BP ASA

Aker BP ASAverified

AKRBP.OL

Price:

$228.9

Market Cap:

$13.78B

Aker BP ASA engages in the exploration, development, and production of oil and gas on the Norwegian Continental Shelf. The company has working interests in 36 fields/projects. As of December 31, 2021, its total net proven reserves were 599 million barrels of oil equivalents; and estimated total net proven plus probable reserves were 802 million barrels of oil equivalents. The company was formerly known as Det norske oljeselskap ASA and changed its name to Aker BP ASA in October 2016. Aker BP ASA was founded in 2001 and is headquartered in Fornebu, Norway.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2009-01-09

Stock Exchange

OSL

Ticker

AKRBP.OL

The Current Ratio as of September 2024 (TTM) for Aker BP ASA (AKRBP.OL) is 1.13

According to Aker BP ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.13. This represents a change of 13.77% compared to the average of 1.00 of the last 4 quarters.

Aker BP ASA (AKRBP.OL) Historical Current Ratio (quarterly & annually)

How has AKRBP.OL Current Ratio performed in the past?

The mean historical Current Ratio of Aker BP ASA over the last ten years is 0.95. The current 1.13 Current Ratio has changed 11.78% with respect to the historical average. Over the past ten years (40 quarters), AKRBP.OL's Current Ratio was at its highest in in the September 2016 quarter at 1.88. The Current Ratio was at its lowest in in the September 2019 quarter at 0.38.

Quarterly (TTM)
Annual

Average

0.95

Median

1.01

Minimum

0.42

Maximum

1.33

Aker BP ASA (AKRBP.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Aker BP ASA 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 = 188.93%

Maximum Annual Current Ratio = 1.33

Minimum Annual Increase = -47.07%

Minimum Annual Current Ratio = 0.42

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.9524.29%
20220.76-36.78%
20211.20-0.53%
20201.21188.93%
20190.42-15.71%
20180.50-43.31%
20170.88-34.18%
20161.337.89%
20151.2315.86%
20141.07-47.07%

Aker BP ASA (AKRBP.OL) Average Current Ratio

How has AKRBP.OL Current Ratio performed in the past?

The current Current Ratio of Aker BP ASA (AKRBP.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.97

5-year avg

0.91

10-year avg

0.95

Aker BP ASA (AKRBP.OL) Current Ratio vs. Peers

How is AKRBP.OL’s Current Ratio compared to its peers?

Aker BP ASA’s Current Ratio is less than Equinor ASA (1.54), less than DNB Bank ASA (1.46), less than Mowi ASA (3.13), less than Yara International ASA (1.71), less than Orkla ASA (1.18),

CompanyCurrent RatioMarket cap
1.54$716.42B
1.46$325.07B
3.13$95.67B
1.71$83.02B
1.18$96.45B

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