Canacol Energy Ltd

Canacol Energy Ltdverified

CNE.TO

Price:

$3.38

Market Cap:

$85.00M

Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. As of December 31, 2021, it had a total proved developed producing reserves of 236 billion cubic feet (Bcf) conventional natural gas; a total proved plus probable reserves of 607 Bcf conventional natural gas; and a total proved reserves of 368 Bcf conventional natural gas. The company was incorporated in 1970 and is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

1996-08-08

Stock Exchange

TSX

Ticker

CNE.TO

The Current Ratio as of September 2024 (TTM) for Canacol Energy Ltd (CNE.TO) is 0.97

According to Canacol Energy Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 0.97. This represents a change of 3.88% compared to the average of 0.93 of the last 4 quarters.

Canacol Energy Ltd (CNE.TO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Canacol Energy Ltd over the last ten years is 1.96. The current 0.97 Current Ratio has changed 4.86% with respect to the historical average. Over the past ten years (40 quarters), CNE.TO's Current Ratio was at its highest in in the June 2015 quarter at 3.56. The Current Ratio was at its lowest in in the March 2015 quarter at 0.63.

Quarterly (TTM)
Annual

Average

1.96

Median

1.73

Minimum

0.70

Maximum

3.56

Canacol Energy Ltd (CNE.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Canacol 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 = 132.30%

Maximum Annual Current Ratio = 3.56

Minimum Annual Increase = -75.44%

Minimum Annual Current Ratio = 0.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.9232.13%
20220.70-75.44%
20212.8370.98%
20201.6621.65%
20191.36-24.35%
20181.80-20.99%
20172.2849.12%
20161.53-47.74%
20152.93-17.89%
20153.56132.30%

Canacol Energy Ltd (CNE.TO) Average Current Ratio

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

The current Current Ratio of Canacol Energy Ltd (CNE.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

1.48

5-year avg

1.49

10-year avg

1.96

Canacol Energy Ltd (CNE.TO) Current Ratio vs. Peers

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

Canacol Energy Ltd’s Current Ratio is less than Parex Resources Inc. (1.14), greater than Gran Tierra Energy Inc. (0.75), greater than Kelt Exploration Ltd. (0.51), greater than Advantage Energy Ltd. (0.76), greater than Crew Energy Inc. (0.69),

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