Calfrac Well Services Ltd.

Calfrac Well Services Ltd.verified

CFW.TO

Price:

$3.89

Market Cap:

$333.75M

Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well stimulation services, as well as pressure pumping services to oil and natural gas industries. The company was founded in 1999 and is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

1996-04-25

Stock Exchange

TSX

Ticker

CFW.TO

The Current Ratio as of September 2024 (TTM) for Calfrac Well Services Ltd. (CFW.TO) is 2.31

According to Calfrac Well Services Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.31. This represents a change of -1.86% compared to the average of 2.35 of the last 4 quarters.

Calfrac Well Services Ltd. (CFW.TO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Calfrac Well Services Ltd. over the last ten years is 2.43. The current 2.31 Current Ratio has changed 9.39% with respect to the historical average. Over the past ten years (40 quarters), CFW.TO's Current Ratio was at its highest in in the June 2016 quarter at 3.99. The Current Ratio was at its lowest in in the June 2022 quarter at 1.90.

Quarterly (TTM)
Annual

Average

2.43

Median

2.34

Minimum

2.03

Maximum

3.31

Calfrac Well Services Ltd. (CFW.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Calfrac Well Services 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 = 26.65%

Maximum Annual Current Ratio = 3.31

Minimum Annual Increase = -30.24%

Minimum Annual Current Ratio = 2.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.208.04%
20222.03-9.52%
20212.25-9.03%
20202.47-4.33%
20192.588.70%
20182.382.78%
20172.31-30.24%
20163.3126.65%
20152.6220.75%
20142.17-0.70%

Calfrac Well Services Ltd. (CFW.TO) Average Current Ratio

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

The current Current Ratio of Calfrac Well Services Ltd. (CFW.TO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.16

5-year avg

2.31

10-year avg

2.43

Calfrac Well Services Ltd. (CFW.TO) Current Ratio vs. Peers

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

Calfrac Well Services Ltd.’s Current Ratio is less than Trican Well Service Ltd. (2.60), greater than Ensign Energy Services Inc. (0.97), greater than Precision Drilling Corporation (1.51), greater than Secure Energy Services Inc. (1.15), less than CES Energy Solutions Corp. (3.18),

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