Arrow Exploration Corp.

Arrow Exploration Corp.verified

AXL.V

Price:

$0.52

Market Cap:

$109.69M

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. As of December 31, 2021, it holds interests in six oil blocks in Colombia that covers an area of approximately 227,005 net acres; and oil and natural gas leases in seven areas in Canada covering an area of approximately 254,003 net acres. Arrow Exploration Corp. is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2004-11-02

Stock Exchange

TSXV

Ticker

AXL.V

The Current Ratio as of September 2024 (TTM) for Arrow Exploration Corp. (AXL.V) is 1.50

According to Arrow Exploration Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.50. This represents a change of -6.47% compared to the average of 1.60 of the last 4 quarters.

Arrow Exploration Corp. (AXL.V) Historical Current Ratio (quarterly & annually)

How has AXL.V Current Ratio performed in the past?

The mean historical Current Ratio of Arrow Exploration Corp. over the last ten years is 3.03. The current 1.50 Current Ratio has changed 4.85% with respect to the historical average. Over the past ten years (40 quarters), AXL.V's Current Ratio was at its highest in in the March 2015 quarter at 13.77. The Current Ratio was at its lowest in in the September 2020 quarter at 0.32.

Quarterly (TTM)
Annual

Average

3.03

Median

2.02

Minimum

0.50

Maximum

9.29

Arrow Exploration Corp. (AXL.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Arrow Exploration 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 = 210.47%

Maximum Annual Current Ratio = 9.29

Minimum Annual Increase = -93.17%

Minimum Annual Current Ratio = 0.50

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.6779.44%
20220.93-65.14%
20212.67199.09%
20200.8921.89%
20190.7346.01%
20180.50-93.17%
20177.34210.47%
20162.36-39.92%
20153.94-57.65%
20149.29139.48%

Arrow Exploration Corp. (AXL.V) Average Current Ratio

How has AXL.V Current Ratio performed in the past?

The current Current Ratio of Arrow Exploration Corp. (AXL.V) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.76

5-year avg

1.38

10-year avg

3.03

Arrow Exploration Corp. (AXL.V) Current Ratio vs. Peers

How is AXL.V’s Current Ratio compared to its peers?

Arrow Exploration Corp.’s Current Ratio is greater than Southern Energy Corp. (0.37), less than Hemisphere Energy Corporation (3.98), greater than Prairie Provident Resources Inc. (0.15), greater than Vital Energy Inc. (0.53), greater than Razor Energy Corp. (0.34),

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